Backup offers
#12423301, Brian Ban, Listing office: @properties Christie's International Real Estate
$375,000 List price
509 S Plum Grove Rd Palatine, IL 60067
2 beds
1 full, 1 partial
2,316 sqft
$162 / sqft
House
Property details
About 509 S Plum Grove Rd
Charming Brick Raised Ranch with Tons of Potential in Prime Palatine Location! This 4-bedroom, 1.5-bath home-featuring 2 bedrooms upstairs and 2 in the basement-sits on a deep 60x155 lot and offers an excellent opportunity for buyers seeking space, value, and potential. The interior is currently cluttered as the tenants are in the process of packing and moving-please overlook the mess and imagine the possibilities. Inside, you'll find generous room sizes, a bright front living room, a separate dining area, and a spacious kitchen layout. The full finished basement adds two additional bedrooms and flexible space ideal for a rec room, home office, or guest area. While the home needs some cosmetic updates and a good cleanout, it's priced right for the sweat equity a buyer can bring. The tenant is on a month-to-month lease and plans to vacate soon, making this an excellent opportunity for a fresh start. Additional highlights include a detached 2-car garage, central air, and a versatile layout. Conveniently located near downtown Palatine, the Metra, schools, parks, shopping, and restaurants.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size2,316 sqft
BasementYes
Year built1973
ParkingOn Site, Garage Owned, Detached, Garage
MLS #12419579
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Basement: Yes
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Parking: On Site, Garage Owned, Detached, Garage
- Architectural Style: Step Ranch
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $375,000
- Price/SqFt: $161
- Annual Tax Amount: $8,185
- Tax Year: 2022
- Directions: Palatine rd to Plum Grove rd to Address
- Year Built: 1973
- Living Area: 2,316 SqFt
- MLS Number: 12419579
- MLS Name: MRED
- Office Name: arhome realty
- Office Phone: (773) 775-5500
- Listing Agent: Mark Anthony
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 05, 2002 | Home Sold | $238,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $32,000 | $8,185 |
| 2021 | $26,047 | $7,377 |
| 2020 | $26,047 | $7,340 |
| 2019 | $28,910 | $7,307 |
| 2018 | $29,615 | $8,135 |
| 2017 | $29,615 | $8,000 |
History based on county public records data.
Nearby schools
5
Stuart R. Paddock Elementary School
Public District KG-5
0.6 mi
•225 W Washington St
8
Pleasant Hill Elementary School
Public District KG-5
0.7 mi
•434 W Illinois Ave
3
Gray M. Sanborn Elementary School
Public District KG-5
0.8 mi
•101 N Oak St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,459. Residents of Palatine, IL typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
16%
<35k
50%
35k-100k
27%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
5%
Single, with Kids
29%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
45%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
Soccer
Where do the neighbors shop?
Nordstrom Rack
Chico's
The Container Store
Where do the neighbors go to eat?
Chipotle
Boston Market
Starbucks
What do the neighbors drive?
Mazda
Volvo
BMW
What do the neighbors listen to?
Rock
Talk/Personality
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 509 S Plum Grove Rd
The listing price of 509 S Plum Grove Rd property is $375,000.
The property 509 S Plum Grove Rd is a house located in Palatine, Illinois, 60067.
Active Listing: 509 S Plum Grove Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 509 S Plum Grove Rd are: Stuart R. Paddock Elementary School (GreatSchools Rating 5/10), Pleasant Hill Elementary School (GreatSchools Rating 8/10), Gray M. Sanborn Elementary School (GreatSchools Rating 3/10), Plum Grove Junior High School (GreatSchools Rating 6/10), Winston Campus Junior High School (GreatSchools Rating 4/10), Walter R. Sundling Junior High School (GreatSchools Rating 4/10), Wm Fremd High School (GreatSchools Rating 8/10), Palatine High School (GreatSchools Rating 6/10), Rolling Meadows High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2022 is $8,185 (source: MLS/based on county public records data).
The last sale was on December 5, 2002 for $238,000 (source: MLS/tax record).
The property at 509 S Plum Grove Rd has 2 bedrooms and 1 full and 1 half bathrooms.
The property 509 S Plum Grove Rd is 2,316 SqFt (source: MLS/tax record).
The year of construction for 509 S Plum Grove Rd is 1973.
This home is located at 509 S Plum Grove Rd in Palatine, IL and zip code 60067 in the Plum Grove Road Development neighborhood. This 2,316 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $375,000.
Over 46 listings were sold over their listed price in July 2025 in Palatine, IL. In the same period over 28 listings were sold below the listed price and 17 listings were sold for the listed price. Between June and July 2025, Palatine, IL real estate market has seen increase in the number of listings by 4.3%. In July 2025 median list price was $352,250 and the average listing age was 12 days.
From Rocket Homes Real Estate and based on county public records data.