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Each office Independently owned and operated.

1808 N. Arlington Heights Road Arlington Heights, IL 60004 remaxsuburban.com

GREG OLSON CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com

Living, Loving, and Promoting Our Community’s Value Since 2004

DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES www.DowntownPalatineHomes.com

Published by Real Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018

Visit DowntownPalatineHomes.com for community info, listings, and recent sales.

FEBRUARY 2018 REAL ESTATE MARKET REPORT

WHAT IS YOUR HOME WORTH THIS SPRING? Dear Downtown Palatine Homeowner, Now is the perfect time to assess your home’s current value and work with me to discover your home’s true selling potential.

www.DowntownPalatineHomes.com | 847.977.7024

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


DOWNTOWN PALATINE AT A G L A N C E

No One in the World Sells More Real Estate than RE/MAX!®

GREG OLSON CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com

Active Sold

DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES REAL ESTATE MARKET REPORT • The Benchmark • The Brownstones • The Groves of Palatine • Palatine Station • The Preserve • Stratford Downtown

Average Active List Price: $380,663

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.

Average Sold Price: $333,358

DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES CURRENTLY LISTED

Average SP/LP Ratio: 97%

Status

Subdivision

Address

Type

Beds

Baths

Estimated Square Feet

List Price

List Date

Active

The Brownstones

60 N Smith Street

Townhouse

3

3.1

N/A

$650,000

01/21/18

Active

The Groves of Palatine

372 W Wood Street

Townhouse

2

2.1

1,965

$329,000

01/31/18

Active

The Groves of Palatine

392 W Wood Street

Townhouse

3

3.1

2,180

$357,500

03/03/17

Active

Palatine Station

323 W Wood Street

Townhouse

2

2.2

1,800

$349,900

12/05/17

Active

Palatine Station

259 W Wood Street

Townhouse

2

3.1

1,800

$350,000

09/29/17

Active

Palatine Station

241 W Wood Street

Townhouse

2

3.1

N/A

$354,000

09/25/17

Active

The Preserve

455 W Wood Street 402

Condo

2

2.0

1,527

$315,000

01/09/18

Active

The Preserve

435 W Wood Street 208

Condo

2

2.0

1,666

$339,900

10/01/17

DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES SOLD IN THE LAST 6 MONTHS Status

Subdivision

Address

Type

Beds

Baths

Estimated Square Feet

List Price

List Date

Sold Price

Sold Date

Sold

The Benchmark

132 W Johnson Street 402

Mid-Rise

2

2.1

1,366

$279,000

09/19/17

$272,000

12/08/17

Sold

The Benchmark

133 W Palatine Road 108A

Condo

1

1.1

N/A

$224,900

07/16/17

$215,000

11/03/17

Sold

The Benchmark

133 W Palatine Road 312A

Condo

3

2.0

1,934

$397,500

07/05/17

$397,000

09/15/17

Sold

The Brownstones

24 N Smith Street

Townhouse

3

3.1

N/A

$649,900

08/31/17

$635,000

11/15/17

Sold

Palatine Station

142 N Rose Street

Townhouse

2

2.1

1,792

$329,000

09/30/17

$310,000

01/16/18

Sold

Palatine Station

245 W Wood Street 245

Townhouse

3

2.1

2,200

$349,900

06/02/17

$340,000

01/08/18

Sold

Palatine Station

131 N Rose Street 131

Condo

1

1.1

1,000

$225,000

07/06/17

$208,750

10/30/17

Sold

Palatine Station

325 W Wood Street

Townhouse

3

2.2

N/A

$365,000

09/08/17

$365,050

10/18/17

Sold

The Preserve

435 W Wood Street 213

Mid-Rise

2

2.0

1,447

$299,900

08/10/17

$285,000

10/27/17

Sold

The Preserve

455 W Wood Street 502

Condo

3

2.0

2,074

$399,000

06/28/17

$385,000

09/18/17

Sold

The Preserve

435 W Wood Street UT408

Condo

2

2.0

1,669

$329,900

07/19/17

$322,500

08/25/17

Sold

The Stratford of Palatine 190 W Johnson Street 404

Mid-Rise

2

2.0

1,414

$279,900

05/08/17

$265,000

08/29/17

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 July 31st, 2017 through January 31st, 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.

Map is a visual representation of data on the left.

©2018 Google

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

Greg Olson - Downtown Palatine - Feb 2018  
Greg Olson - Downtown Palatine - Feb 2018