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About This Home
This 3-bedroom, 2-bathroom single family at 43 S Cedar Street in Palatine, IL is listed for $649,900 ($176 per sqft). Built in 1949, the home offers 3,700 sqft of living space on a 0.91 acres lot.
Rare Palatine Opportunity - Nearly an Acre with a Second Unit! This property is truly unique; the main house offers a spacious layout with its own large kitchen, bathroom, and living areas. Attached is an extended section featuring a separate kitchen and bathroom.
Additionally, there's a second Unit that is licensed via Village of Palatine on-site ready to be rented out. You can live in the main house and rent a second house . Perfect for business or investment. Steps from vibrant downtown Palatine and served by highly rated schools, this exceptional property sits on nearly an acre lot with a fully independent, freestanding second unit.
The main residence offers 3 bedrooms, full basement plus a dedicated office and approximately 2,800 sq ft of thoughtfully updated living space. The renovated kitchen shines with quartz countertops, stainless steel appliances, and generous cabinetry, while spacious bedrooms provide room to grow.
An attached in-law addition provides a private bedroom and full bath - ideal for extended family or multigenerational living. Major updates throughout include new siding, new HVAC system, newer flooring, and an updated basement - truly move-in ready. The freestanding second unit - approximately 900 sq ft - is equally well-appointed with its own new HVAC system, new flooring, newer washer and dryer, and many additional updates.
A private garage and separate laundry make it completely self-sufficient. Live in one, rent the other - or maximize returns by leasing both. The possibilities are as expansive as the lot itself.
Key Features
- Built in 1949
- 0.91 acre lot
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
43 S Cedar Street
Palatine, IL 60067
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 43 S Cedar Street is listed at $649,900 ($176/sqft). The estimated monthly payment is $2,816 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 0.91 acre lot, 2 parking spaces.
This property is listed by Aleksandr Tokmazeyskiy and can be reached at (888) 574-9405 or alex.tokmazeyskiy@gmail.com.
