321 E Forest Knoll Dr Palatine, IL 60074
South Barrington NeighborhoodEstimated payment $2,666/month
Total Views
11,737
3
Beds
2.5
Baths
1,836
Sq Ft
$188
Price per Sq Ft
Highlights
- Living Room
- Laundry Room
- Dining Room
- Palatine High School Rated A
- Central Air
- Family Room
About This Home
Bright, spacious, and full of potential! This 3-bedroom, 2.5-bath townhouse offers high ceilings, a cozy fireplace, and stunning Brazilian cherrywood parquet floors on the main level, complemented by laminate flooring upstairs. The home is filled with natural light and offers a finished basement and a one-car garage - perfect for extra living or storage space. Solid and move-in ready, with great bones - just bring your ideas for some updates to make it truly shine! Prime location in a quiet, friendly neighborhood - just steps from a large park with walking and biking trails, playgrounds, BBQ areas, and open green spaces. You'll also love being near the brand-new MidTown Athletic Club with outdoor pools and tennis courts (not part of HOA), and close to schools, shopping, and major commuter routes. Recent updates include a new water heater (2024) and a reverse osmosis water system for added comfort. Seller prefers to sell as-is - but this home has everything you need to move in and make it your own. Great value, great location, and great potential - don't miss your chance! Come and see - your future home is waiting! Selling as-is
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,308
Year Built
- Built in 1979
HOA Fees
- $251 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,836 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include exterior maintenance, lawn care, snow removal
- 4 Units
Pet Policy
- Dogs and Cats Allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,308 | $24,625 | $4,002 | $20,623 |
| 2023 | $6,224 | $25,154 | $4,002 | $21,152 |
| 2022 | $6,224 | $25,154 | $4,002 | $21,152 |
| 2021 | $5,822 | $21,257 | $2,461 | $18,796 |
| 2020 | $5,808 | $21,257 | $2,461 | $18,796 |
| 2019 | $5,851 | $23,831 | $2,461 | $21,370 |
| 2018 | $5,323 | $20,563 | $2,238 | $18,325 |
| 2017 | $6,418 | $24,425 | $2,238 | $22,187 |
| 2016 | $6,217 | $24,425 | $2,238 | $22,187 |
| 2015 | $4,890 | $18,538 | $2,014 | $16,524 |
| 2014 | $5,655 | $21,200 | $2,014 | $19,186 |
| 2013 | $5,492 | $21,200 | $2,014 | $19,186 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2025 08/03/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | For Sale | $345,000 | 0.0% | $188 / Sq Ft |
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 06/23/2025 06/23/25 | For Sale | $345,000 | 0.0% | $188 / Sq Ft |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | For Sale | $345,000 | -- | $188 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $239,000 | -- | |
| Warranty Deed | $166,000 | Heritage Title | |
| Warranty Deed | $138,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $110,196 | Construction | |
| Open | $242,600 | Unknown | |
| Closed | $242,600 | Unknown | |
| Closed | $242,600 | Unknown | |
| Closed | $243,000 | Unknown | |
| Closed | $50,000 | Credit Line Revolving | |
| Closed | $194,000 | Fannie Mae Freddie Mac | |
| Closed | $191,200 | Unknown | |
| Previous Owner | $146,000 | VA | |
| Previous Owner | $148,400 | No Value Available | |
| Previous Owner | $135,727 | FHA | |
| Closed | $47,800 | No Value Available |
Source: Public Records
Similar Homes in Palatine, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12395887
APN: 02-02-301-088-0000
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