$270,000

2500 Bayside Dr Unit 3 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated payment $1,799/month

Total Views 12,194
2 Beds
2 Baths
1,200 Sq Ft
$225 Price per Sq Ft

Highlights

  • L-Shaped Dining Room
  • Community Pool
  • Stainless Steel Appliances
  • Palatine High School Rated A
  • Tennis Courts
  • Patio

About This Home

Ready to move in 2 bed, 2 full bath 1st floor condo includes a Remodeled Kitchen with newer SS Appliances, Granite Countertops, Kitchen Cabinets, Both Bathrooms are redone, New windows and Patio door Newer. The Assessment includes all utilities except Electricity. Close to Highways and Shopping Complex, O'hare airport. Unit is rentable.

Listing Agent

Sunil Gupta

21st Century Realty INC License #471017640 Listed on: 10/02/2025

Property Details

Home Type

  • Condominium

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Steel Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Porcelain Tile
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Patio

Schools

  • Jane Addams Elementary School
  • Winston Campus Middle School
  • Palatine High School

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Chris Bruno Association, Phone Number (847) 483-9115
  • Runaway Bay Subdivision
  • Property managed by Runaway

Recreation

  • Tennis Courts
  • Community Pool
  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Additional Features

  • Coin Laundry
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Runaway Bay
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding, Steel Siding, Brick
  • Patio And Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, On Site
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 375
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, On Site Manager/Engineer, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Runaway
  • Management Contact Name: Chris Bruno
  • Management Phone: 847-483-9115

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Jane Addams Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 59.48
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 6

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $59 $11,983 $2,205 $9,778
2023 $59 $11,983 $2,205 $9,778
2022 $59 $11,983 $2,205 $9,778
2021 $66 $7,495 $1,378 $6,117
2020 $60 $7,495 $1,378 $6,117
2019 $60 $8,374 $1,378 $6,996
2018 $0 $6,392 $1,240 $5,152
2017 $0 $6,392 $1,240 $5,152
2016 $599 $6,392 $1,240 $5,152
2015 $257 $5,334 $1,102 $4,232
2014 $283 $5,334 $1,102 $4,232
2013 $244 $5,334 $1,102 $4,232
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 For Sale $270,000 -- $225 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $122,500 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,920 Fannie Mae Freddie Mac
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12486353

Midwest Real Estate Data (MRED)

APN: 02-12-213-001-1075

Illinois Cook County Palatine 60074 Virginia Lake

2500 Bayside Dr Unit 3, Palatine, IL

For Sale

Condos

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Listing Agent
Sunil Gupta
Section Image
21st Century Realty INC
(224) 219-0821