$279,000

405 S Creekside Dr Unit 505 Palatine, IL 60074

Twin Lakes Neighborhood

Estimated payment $2,261/month

Total Views 1,375
2 Beds
2 Baths
1,253 Sq Ft
$223 Price per Sq Ft

Highlights

  • Popular Property
  • Lock-and-Leave Community
  • Intercom
  • Winston Campus Elementary School Rated A-
  • Balcony
  • Resident Manager or Management On Site

About This Home

Freshly painted 5th-floor unit with an open floor plan, 2 bedrooms, and 2 full baths. Features include a warm, inviting kitchen, primary suite with walk-in closet and double vanity, in-unit laundry, and garage parking with extra storage. Secure building with surveillance and all utilities (water, heat, gas, parking) included in HOA. Enjoy nearby walking paths, tennis courts, and playgrounds, plus quick access to Hwy 53, shopping, and dining. The Chicago Bears may plan a new stadium at the former Arlington Park race track in Arlington Heights, expected by 2030. Move-in ready and perfectly located!

Listing Agent

Kartik Amin

ARNI Realty Incorporated License #475210776 Listed on: 10/22/2025

ARNI Realty Incorporated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,530

Year Built

  • Built in 2008

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,253 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Intercom
  • Door Monitored By TV

Outdoor Features

  • Balcony

Schools

  • Palatine High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 29 Units
  • Manager Association, Phone Number (847) 757-7171
  • Victoria
  • Property managed by Mperial Asset Management, LLC
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Common Area
  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 24 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,530

Year Built

Built in 2008

Lot Details

0

HOA Fees

$420 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 5
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2008
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1253
  • Other Equipment: TV-Cable, Security System, Intercom, Fire Sprinklers, CO Detectors
  • Room Type: Foyer
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony, Door Monitored By TV
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Garage Door Opener, Heated Garage, On Site, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Radiant
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 420
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Mperial Asset Management, LLC
  • Management Contact Name: Manager
  • Management Phone: 847-757-7171

Fee Information

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

Schools

  • High School: Palatine High School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 24

Tax Info

  • Tax Annual Amount: 4529.56
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 29

Map

Range of Values:

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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 $4,530 $18,368 $339 $18,029
2023 $4,391 $18,368 $339 $18,029
2022 $4,391 $18,368 $339 $18,029
2021 $3,999 $15,214 $197 $15,017
2020 $4,006 $15,214 $197 $15,017
2019 $4,007 $16,931 $197 $16,734
2018 $3,338 $13,712 $183 $13,529
2017 $3,295 $13,712 $183 $13,529
2016 $3,331 $13,712 $183 $13,529
2015 $3,308 $12,895 $169 $12,726
2014 $3,291 $12,895 $169 $12,726
2013 $4,233 $16,248 $169 $16,079
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 For Sale $279,000 -- $223 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Prism Title
Corporate Deed $240,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,000 New Conventional
Closed $192,000 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12501627

Midwest Real Estate Data (MRED)

APN: 02-24-106-025-1022