Landlord's Agent in 2025
Rafal Szypcio
Coldwell Banker Real Estate Group
(708) 297-4698
78 Total Sales
405 E Home Ave Palatine, IL 60074
Virginia Lake NeighborhoodEstimated Value: $669,749 - $740,000
4
Beds
4
Baths
3,056
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Open Floorplan
- Cathedral Ceiling
- Palatine High School Rated A
- Recreation Room
- Corner Lot
About This Home
As of August 2025Space and unmatched versatility define this 5-bedroom, 4 FULL bath home in sought-after Concord Mills. With just over 3,000sf above grade and another 1,400sf in the finished basement, this home offers room to spread out in ways rarely found at this price point. Four full bathrooms, including one on every level, offer incredible day-to-day convenience, a true rarity in homes this size. The oversized 3-car garage easily accommodates your vehicles, bikes, tools, outdoor gear, and all the extras. Inside, a dramatic two-story foyer opens to an airy, open-concept main floor, grounded by durable vinyl plank flooring. The bright white kitchen, renovated in 2021, features granite countertops, stainless steel appliances, and a generous eat-in area that flows naturally into the family room with a cozy gas fireplace. A flexible room adjacent to a full bath (w/standing shower) is ideal for guests, home office or play room. Upstairs, four well-proportioned bedrooms include a large primary suite with dual walk-in closets and an oversized ensuite with dressing area, separate vanities, soaking tub, separate shower and private water closet. The sheer amount of space in this bathroom rivals that of much larger homes, truly a standout feature. A full hall bath with dual vanity and tub/shower combo and extra-large linen closet round out the upper level. The finished basement is a game changer, complete with a FULL second kitchen, FULL bath, and a large bonus room that could function as a 6th bedroom, hobby room, or workout space. A spacious rec room with wet bar makes this lower level ideal for entertaining, independent daily living or hosting longer-term guests. Set on a third of an acre fenced lot, the corner location has extra room to spread out. This backyard is ready for your ideas and updates. While the home retains many original finishes, the sheer size, layout and existing improvements-including the 2021 kitchen, newer appliances, and new first-floor windows (2022)-offer exceptional value and opportunity. If you're looking for a home with serious space and potential, this is the one to see.
Last Agent to Rent the Property
Coldwell Banker Real Estate Group License #475192968 Listed on: 07/22/2025
Last Renter's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
Home Details
Home Type
- Single Family
Year Built
- Built in 1999
Lot Details
- Fenced
- Corner Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,056 Sq Ft Home
- Open Floorplan
- Wet Bar
- Cathedral Ceiling
- Skylights
- Gas Log Fireplace
- Drapes & Rods
- Entrance Foyer
- Family Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Recreation Room
Kitchen
- Second Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
- In-Law or Guest Suite
- Bathroom on Main Level
- 4 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Ceilings are 8 Feet High
- Bedroom in Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Storage
Schools
- Virginia Lake Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Concord Mills Subdivision
Listing and Financial Details
- Security Deposit $4,250
- Property Available on 7/22/25
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 15, 2021
Sold by
Panchal Manjula S and Prajapati Dahyabhai P
Bought by
Prajapati Dahyabhai P and Prajapati Manjula S
Current Estimated Value
Purchase Details
Closed on
Aug 9, 2006
Sold by
North Star Trust Co
Bought by
Prajapati Kantaben and Prajapati Dahyabhai
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$254,392
Interest Rate
6.37%
Mortgage Type
Unknown
Estimated Equity
$444,295
Purchase Details
Closed on
Sep 8, 1999
Sold by
Concord Mills Ld Partnership
Bought by
Continental Bank and Trust #10439
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Prajapati Dahyabhai P | -- | Accommodation | |
| Prajapati Kantaben | $550,000 | Premier Title | |
| Continental Bank | $371,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Prajapati Kantaben | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Rented | $4,250 | 0.0% | -- |
| 07/22/2025 07/22/25 | For Rent | $4,250 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $14,516 | $65,000 | $21,641 | $43,359 |
| 2024 | $14,516 | $55,000 | $18,151 | $36,849 |
| 2023 | $13,989 | $55,000 | $18,151 | $36,849 |
| 2022 | $13,989 | $55,000 | $18,151 | $36,849 |
| 2021 | $10,579 | $44,835 | $10,471 | $34,364 |
| 2020 | $9,708 | $44,835 | $10,471 | $34,364 |
| 2019 | $9,620 | $51,729 | $10,471 | $41,258 |
| 2018 | $10,442 | $48,494 | $9,424 | $39,070 |
| 2017 | $12,933 | $48,494 | $9,424 | $39,070 |
| 2016 | $10,500 | $50,527 | $9,424 | $41,103 |
| 2015 | $11,953 | $43,503 | $8,726 | $34,777 |
| 2014 | $11,561 | $43,503 | $8,726 | $34,777 |
| 2013 | $11,533 | $43,503 | $8,726 | $34,777 |
Source: Public Records
Agents Affiliated with this Home
-
Rafal Szypcio
-
I
Tenant's Agent in 2025
Inactive Inactive
Baird Warner
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12427101
APN: 02-11-211-001-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 151 E Home Ave
- 1535 N Elm St
- 590 E Capri Dr
- 442 E Osage Ln Unit 3B
- 913 N Arrowhead Dr
- 1493 N Winslowe Dr Unit 204
- 509 E Monterey Rd
- 915 N Saratoga Dr
- 1955 N Hicks Rd Unit 105
- 1344 N Winslowe Dr
- 1309 W Dundee Rd
- 160 E Lilly Ln
- 110 E Lilly Ln
- 175 E Lilly Ln
- 135 E Lilly Ln
- 145 E Lilly Ln
- 150 E Lilly Ln
- 105 E Lilly Ln
- 140 E Lilly Ln
- 1 Renaissance Place Unit 1100
- 417 E Home Ave
- 423 E Home Ave
- 410 E Thornhill Ln Unit 2Q410
- 1374 N Hicks Rd
- 408 E Thornhill Ln Unit 1R408
- 418 E Amherst St
- 437 E Home Ave
- 430 E Home Ave
- 424 E Amherst St
- 1352 N Hicks Rd
- 237 E Home Ave
- 416 E Thornhill Ln Unit 5T416
- 416 E Thornhill Ln Unit 416
- 442 E Home Ave
- 439 E Home Ave
- 418 E Thornhill Ln Unit 6Q418
- 430 E Amherst St
- 420 E Thornhill Ln Unit 7R420
- 454 E Home Ave
- 231 E Home Ave