$325,000

beds

bath

1,064

square ft

523 E Colfax Street

Palatine, Illinois 60074

Closed / MLS #12362364 / Single Family / Palatine

Listing information updated 7/17/2025 at 6:03am

Welcome to this sunny and inviting 2-bedroom, 1-bath ranch, nestled in the heart of Palatine's beloved Arthur T. McIntosh & Co.'s Fair Grounds Park-a quiet, tree-lined neighborhood steeped in history and community charm. This beautifully maintained home offers the ease of single-level living, combining timeless character with smart, modern updates. Step inside to discover a freshly painted interior, a bright and open layout, and gleaming hardwood floors throughout the living room and bedrooms. The eat-in kitchen features luxury vinyl flooring, stainless steel appliances-including a Kenmore refrigerator, Maytag dishwasher, General Electric Gas Range, and LG front-loading washer and dryer-and a high-end Delta touch-sensor faucet for added convenience. Enjoy outdoor living in the spacious, fully fenced backyard-perfect for entertaining, gardening, or relaxing in privacy. A 1.5-car detached garage offers additional storage and parking flexibility. The large lot also provides room for future expansion. Whether you're a first-time homebuyer, downsizing, or seeking a smart investment, this property offers rare value in one of Palatine's most desirable and walkable neighborhoods-just minutes from parks, shopping, dining, and transportation. Key Features: 2 Bedrooms, 1 Full Bath Stainless Steel Appliances: Kenmore Refrigerator, Maytag Dishwasher, LG Washer & Dryer Delta Touch-Sensor Kitchen Faucet Hardwood Floors in Bedrooms & Living Room Luxury Vinyl Flooring in Kitchen Freshly Painted Interior 1.5-Car Detached

Full Features

Architecture Style:

Ranch

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Main Level Primary Bedroom:

Yes

Pool:

Age:

61-70 Years

Roof Type:

Asphalt

Parking Type:

Garage - Asphalt,Garage Door Opener,On Site,Garage Owned,Detached,Driveway,Owned,Garage

Parking Spaces:

5.5

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,064

Lot Size:

Less Than .25 Acre

Acreage:

0.225

Internal Features:

1st Floor Bedroom, 1st Floor Full Bath

External Features:

Patio/Porch

Room Information

Living Room:

13x22 - Main

Dining Room:

9x10 - Main

Kitchen:

13x10 - Main

Family Room:

N/A

Primary Bedroom:

13x14 - Main Level

2nd Bedroom:

13x10 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$5,236

Tax Year:

2023

Location

Zip Code:

60074

City:

Palatine

County:

Cook

Schools

School District(s):

15, 211

Elementary School:

Virginia Lake Elementary School

Middle School:

Winston Campus Middle School

High School:

Palatine High School

Architecture Style:

Ranch

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Main Level Primary Bedroom:

Yes

Pool:

Age:

61-70 Years

Roof Type:

Asphalt

Parking Type:

Garage - Asphalt,Garage Door Opener,On Site,Garage Owned,Detached,Driveway,Owned,Garage

Parking Spaces:

5.5

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,064

Lot Size:

Less Than .25 Acre

Acreage:

0.225

Internal Features:

1st Floor Bedroom, 1st Floor Full Bath

External Features:

Patio/Porch

Living Room:

13x22 - Main

Dining Room:

9x10 - Main

Kitchen:

13x10 - Main

Family Room:

N/A

Primary Bedroom:

13x14 - Main Level

2nd Bedroom:

13x10 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Laundry:

N/A Level

Tax Amount:

$5,236

Tax Year:

2023

Zip Code:

60074

City:

Palatine

County:

Cook

School District(s):

15, 211

Elementary School:

Virginia Lake Elementary School

Middle School:

Winston Campus Middle School

High School:

Palatine High School

Listing Office: Baird & Warner

Listing Office Phone: 847.392.1855

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/17/2025 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.