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 | 858.952.4280 | ©2020
Visit DowntownPalatineHomes.com for community info, listings, and recent sales.
OCTOBER 2020 REAL ESTATE MARKET REPORT
FOUR REASONS TO
MORE BUYERS Buyers who didn’t find their dream home in the summer are still looking. Appeal to those looking to close by the end of 2020!
NATURAL STAGING Decorating with the season’s sights and smells helps buyers visualize themselves living in a cozy and comfortable home.
LOW INVENTORY
Johnathan and Angela-Marie, Call Greg today at 847.977.7024 to get started and see how he will MAXIMIZE your home’s sale price this fall!
Fall brings with it a lower inventory of homes for sale. With less competition, you could sell faster and for more!
INCREASED SALE PRICE Lower inventory and serious buyers may bring more money to your wallet!
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 Johnathan and Angela-Marie Williams
GREG OLSON
"Greg helped sell my home in less than a month in a challenging area for real estate sales. He was very responsive and professional and helped me through every step of the process."
CPA | SFR | Managing Broker
847.977.7024
GregOlsonRealEstate@gmail.com
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES REAL ESTATE MARKET REPORT The Benchmark • The Brownstones • The Groves of Palatine • Palatine Station • The Preserve • Stratford Downtown
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES CURRENTLY LISTED Status
Subdivision
Street Name
Type
Beds
Baths
Estimated Square Feet*
List Price
Active
Palatine Station
N. Rose Street
Active
Palatine Station
N. Rose Street
Townhouse
1
1.0
1,000
$219,900
Townhouse
1
1.0
1,300
$229,500
Active
Palatine Station
Active
Palatine Station
W. Wood Street
Townhouse
2
2.1
N/A
$314,900
W. Wood Street
Townhouse
2
2.2
1,800
Active
$350,000
Palatine Station
W. Wood Street
Townhouse
2
2.2
1,800
$355,900
Active
Palatine Station
W. Wood Street
Townhouse
2
2.1
2,100
$374,900
Active
Palatine Station
N. Rose Street
Townhouse
3
2.2
2,300
$375,000
Active
Palatine Station
N. Maple Street
Townhouse
3
3.1
2,000
$379,950
Active
The Benchmark
W. Johnson Street
Condo
2
2.0
1,600
$285,000
Active
The Benchmark
W. Johnson Street
Condo
2
2.0
1,300
$289,900
Active
The Benchmark
W. Johnson Street
Condo
2
2.0
N/A
$299,700
Active
The Benchmark
W. Palatine Road
Condo
3
2.0
1,900
$369,000
Active
The Groves of Palatine
W. Wood Street
Townhouse
2
2.1
2,000
$314,900
Active
The Preserve
W. Wood Street
Condo
1
1.0
1,200
$209,000
Active
The Preserve
W. Wood Street
Condo
2
2.0
1,400
$249,900
Active
The Preserve
W. Wood Street
Condo
2
2.0
1,400
$250,000
Active
The Stratford of Palatine
W. Johnson Street
Condo
2
2.0
1,500
$285,000
Active
The Stratford of Palatine
W. Johnson Street
Condo
2
2.0
1,500
$285,900
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES SOLD SINCE AUG. 1ST, 2020 Subdivision
Address
Type
Beds
Baths
Sold
Palatine Station
162 N. Rose Street
Sold
Palatine Station
231 W. Wood Street
Townhouse
2
Townhouse
2
Sold
The Groves of Palatine
420 W. Wood Street #16
Townhouse
Sold
The Stratford of Palatine
190 W. Johnson Street #304
Condo
Active Pending Sold
Average Active List Price: $302,131 Average Sold Price: $309,475 Average SP/LP Ratio: 98% Map is a visual representation of data on the left.
©2020 Google
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 you find the right program.
PRODUCTS OFFERED: Conventional, FHA, VA, Jumbo, USDA and IHDA Purchase or Refinance
There are 2 homes currently pending in Downtown Palatine. For more information, call me today at 847.977.7024.
Status
DOWNTOWN PALATINE AT A G L A N C E
Estimated Square Feet
List Price
Sold Price
Sold Date
2.1
N/A
$319,900
$313,000
09/18/20
3.1
1,820
$359,900
$359,900
08/04/20
2
2.1
2,000
$319,000
$300,000
08/21/20
2
2.0
1,414
$269,900
$265,000
08/28/20
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. ©2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS for August 1st, 2020 through September 23rd, 2020. Listings and sales may not be those of RE/MAX Suburban. 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 covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded down to nearest hundred. Call today for full details.
Pasquale Pete Messina
Chris Wallace
NMLS: 227000
NMLS: 224090
C: 847.951.1697
C: 708.525.5953
pmessina@themessinateam.com
chris@themessinateam.com
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