Each office Independently owned and operated.
1808 N. Arlington Heights Road Arlington Heights, IL 60004 remaxsuburban.com
GREG OLSON
DOWNTOWN PALATINE’S
CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com
FINEST CONDOS & TOWNHOMES www.DowntownPalatineHomes.com
Living, Loving, and Promoting Our Community’s Value Since 2004 Published by Real Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018
Visit DowntownPalatineHomes.com for community info, listings, and recent sales.
APRIL 2018 REAL ESTATE MARKET REPORT
AVAILABLE IN DOWNTOWN PALATINE A Wonderful Rental in The Preserve! 435 W. Wood Street Unit 202 2 Beds, 2 Baths | 1,423 Est. Sq. Ft. Open Floor Plan | Luxury Baths Gourmet Kitchem | Hardwood Flooring Large Balcony | In-Unit Laundry Offered for Rent at $2,250/Month
RECENT SUCCESS IN PALATINE Sold for full asking price in less than 2 weeks! 785 N. Morrison Avenue 2 Beds, 2.5 Baths | 2,580 Est. Sq. Ft. List Price $329,900 Dear Downtown Palatine Homeowner, I understand that your home is an important asset that needs to be protected. My marketing and negotiation skills have achieved exceptional results in our neighborhood. If you are looking to sell, let me help you achieve exceptional results. Call me today at 847.977.7024 for a free home assessment and to be featured in my monthly publication!
PRESENTED BY GREG OLSON
YO U R D O W N TO W N PA L AT I N E N E I G H B O R AND REAL ESTATE SPECIALIST PREPARED ESPECIALLY FOR Downtown Palatine Homeowner
1 ST QUARTER
GREG OLSON CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com
Downtown Palatine Homeowner, If you want to know what your condo or townhome would sell for in today’s market, contact me at 847.977.7024 for your free report.
REAL ESTATE MARKET REPORT
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES CURRENTLY LISTED Status
Subdivision
Address
Type
Beds
Baths
Estimated Square Feet
List Price
List Date
Active
The Benchmark
132 W Johnson Street 408
Condo
2
2.0
1,628
$325,000
04/03/18
Active
The Brownstones
12 N Smith Street
Townhouse
3
2.1
2,497
$642,000
04/04/18
Active
The Brownstones
60 N Smith Street
Townhouse
3
3.1
N/A
$650,000
01/21/18
Active
The Groves of Palatine
332 W Wood Street
Townhouse
2
2.1
1,965
$309,900
03/06/18
Active
The Groves of Palatine
480 W Wood Street
Townhouse
2
2.1
1,830
$319,000
03/13/18
Active
The Groves of Palatine
392 W Wood Street
Townhouse
3
3.1
2,180
$357,500
03/03/17
Active
The Groves of Palatine
328 W Wood Street
Townhouse
3
3.1
2,180
$359,900
03/09/18
Active
The Groves of Palatine
488 W Wood Street 1
Townhouse
2
2.1
2,267
$384,900
03/03/18
Active
Palatine Station
323 W Wood Street
Townhouse
2
2.2
1,800
$324,900
12/05/17
Active
Palatine Station
147 N Rose Street
Townhouse
2
2.1
1,800
$325,000
02/28/18
Active
Palatine Station
129 N Maple Street 3
Townhouse
2
2.2
1,800
$334,000
03/13/18
Active
Palatine Station
209 W Wood Street
Townhouse
2
2.2
1,800
$339,900
03/01/18
Active
Palatine Station
259 W Wood Street
Townhouse
2
3.1
1,800
$345,000
03/14/18
Active
Palatine Station
243 W Wood Street
Condo
2
3.1
1,820
$345,000
02/22/18
Active
Palatine Station
313 W Wood Street 21
Townhouse
2
3.1
1,820
$354,000
02/08/18
Active
The Preserve
455 W Wood Street 305
Condo
2
2.0
1,329
$279,900
02/02/18
Active
The Preserve
435 W Wood Street 313A
Condo
2
2.0
1,447
$289,900
03/15/18
Active
The Preserve
455 W Wood Street 211
Condo
2
2.0
1,417
$295,000
03/07/18
Active
The Preserve
455 W Wood Street 402
Condo
2
2.0
1,527
$300,000
01/09/18
Active
The Preserve
455 W Wood Street 313
Condo
2
2.0
1,368
$310,000
02/14/18
Active
The Preserve
435 W Wood Street 208
Condo
2
2.0
1,666
$339,900
03/28/18
Active
The Preserve
435 W Wood Street 405
Condo
2
2.0
1,554
$339,900
02/12/18
There is one home currently Pending in Downtown Palatine. For more information on any of these listings, call me today at 947.977.7024
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES SOLD IN THE LAST 3 MONTHS Address
Type
Sold
Palatine Station
241 W Wood Street
Sold
Palatine Station
Sold
Palatine Station
BUYER’S MARKET
SOLD PRICE PRICE PER SQ. FT.
• The Benchmark • The Brownstones • The Groves of Palatine • Palatine Station • The Preserve • Stratford Downtown
Subdivision
REAL ESTATE REVIEW
DOWNTOWN PALATINE IS IN A
CURRENT LISTINGS
+1.9% from 1st Quarter 2017
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES
Status
DOWNTOWN PALATINE
22
Beds
Baths
Estimated Square Feet
List Price
List Date
Sold Price
Sold Date
Townhouse
2
3.1
N/A
$354,000
09/25/17
$345,000
02/02/18
142 N Rose Street
Townhouse
2
2.1
1,792
$329,000
09/30/17
$310,000
01/16/18
245 W Wood Street 245
Townhouse
3
2.1
2,200
$349,900
06/02/17
$340,000
01/08/18
Greg Olson and RE/MAX Suburban are not in any way affiliated with Downtown Palatine Owners Association, nor is this in any way an official advertisement or publication of Downtown Palatine. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS for January 5th, 2018 through April 5th, 2018. Listings and sales may not be those of RE/MAX Suburban. The National Association of Realtors® and MRED MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
-13.2% from 1st Quarter 2017
$310,000 $340,000 $345,000
LOW MEDIAN HIGH
$155 LOW $164 AVERAGE $173 HIGH
3
150
96.3%
TOTAL SALES
DAYS ON MARKET
AVERAGE SP/LP
5 Fewer
than 1st Quarter 2017
70 More
than 1st Quarter 2017
-1.4%
than 1st Quarter 2017
Downtown Palatine Homeowner, With 22 homes available in Downtown Palatine we are in a buyer’s market. If you’ve considered selling, you need a Downtown Palatine expert with marketing and negotiating skills to help position your home above the crowd. Call me today at 847.977.7024 to find out how I will help you maximize your home’s selling potential! Data based on listings from MRED MLS from January 1st to March 31st, 2017 and 2018. Information deemed accurate but not guaranteed.
ARE YOU LOOKING FOR AN EXPERT IN CONDO & TOWNHOUSE LOANS? The Messina Team is committed to providing you the highest quality financial solution that is specifically tailored to meet your financial needs. Whether you are purchasing the home of your dreams or refinancing an outstanding loan, we can help find you the right program. Pasquale Pete Messina NMLS# 227000 847.951.1697 pmessina@themessinateam.com
Illinois Residential License #MB6750717
PRODUCTS OFFERED: Conventional FHA, VA Jumbo, USDA, IHDA Purchase or Refinance Chris Wallace NMLS# 224090 708.525.5953 chris@themessinateam.com