Palatine Homes for Sale

Palatine IL Real Estate Experts – Call Now 1 – 773 – 671 – 4663

Palatine is a Chicago suburb found in Cook County, just 30 miles away from Chicago’s loop.  The village was founded in 1866 and has grown to a population of approximately 69,144 people.

Palatine covers 13.76 square miles, of which 13.62 square miles is land and 0.14 square miles of water. The village covers 7 zip codes, which include:  60038, 60055, 60067, 60074, 60078, 60094 and 60095 –  (Palatine zip code boundary map).

The village’s official motto is “a real home town.”

Palatine is situated in wooded marshland where several streams rise around the village. Most of these streams meet up with Salt Creek which rises at Wilke Marsh on the village’s east side. A small part of the east and southeast sides lies in the McDonald Creek watershed.

Palatine IL Climate

Palatine experiences 109 days of precipitation a year, more than the US average of 100. This precipitation includes 36 inches of rainfall and 33 inches of snowfall. The village also has 186 sunny days on average, which is less than the national average of 205. Palatine’s July high usually hits 83 degrees while the average January low is 10.8 degrees. Both are lower than the national average of 86.5 degrees and and 20.5 degrees respectively. Palatine was given a comfort Index rating of 46 out of 100, putting it slightly ahead of the US average of 44.

Palatine IL Real Estate and Housing

Palatine’s median home cost is $192,700 with home appreciation at -4.25% over the past year. The median age of homes in Palatine is 32.9 years old. The current rate of homes owned in the village is 67.65%. Meanwhile 26.26% of homes are rented and the housing vacancy rate is 6.1%.

Palatine IL Economy

Palatine has an unemployment rate of 10.3% after a recent job growth of -0.38% last year.  The village is expected to see a future job growth rate of 28.94%. Palatine’s taxes include a 5% income tax and a 8.75% sales tax, both lower than the national average. Income per capita is $34,821, when children and adults are taken into account, and household income is currently at $72,354.

JP Morgan Chase (Chase Cards) has a payment processing center located in Palatine. Weber-Stephen Products, manufacturers of the Weber grill, and Square D, one of the largest makers of circuit breakers, are LAO headquartered in Palatine.

Top Companies & Jobs in Palatine, IL

Top Employers in palatine include:

  • Palatine School District 14
  • Township School District 211
  • United Parcel Service
  • United States Postal Service
  • Community College District 512
  • Schneider Electric
  • Village of Palatine
  • Weber-Stephen Products
  • Arlington Plating
  • Intec Group

Estimated Households by Household Income:

  • Income Less Than 15K – 5.28%
  • Income between 15K and 25K – 5.60%
  • Income between 25K and 35K – 7.16%
  • Income between 35K and 50K – 12.96%
  • Income between 50K and 75K – 21.56%
  • Income between 75K and 100K – 16.83%
  • Income between 100K and 150K – 17.98%
  • Income between 150K and 250K – 9.30%
  • Income between 250K and 500K – 3.05%
  • Income greater than 500K – 0.27%
Palatine IL Schools

Palatine schools spend $6,597 per student. There are 19 pupils per teacher, 733 students per librarian, and 502 children per counselor.

Palatine’s main school districts are Community Consolidated School District 15 and Township High School District 211

Palatine IL Transportation

The major airport closest to Palatine is Chicago O’Hare International Airport, 17 miles away. The second closest is Chicago Midway International Airport, 38 miles away. Both offer international and domestic flights out of Chicago, IL.

See all Real estate in the city of Palatine.
(all data current as of 12/20/2014)

  1. 3 beds, 2 full baths
    Home size: 41,780 sq ft
    Lot size: 41,817 sqft
    Year built: 1980
    Parking spots: 1
    Days on market: 32
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  2. 5 beds, 6 full, 2 part baths
    Home size: 5,148 sq ft
    Lot size: 41,382 sqft
    Year built: 2007
    Parking spots: 8
    Days on market: 221
    Broker reciprocity icon
  3. 5 beds, 3 full, 1 part baths
    Home size: 3,490 sq ft
    Lot size: 2.56 ac
    Year built: 1961
    Parking spots: 2
    Days on market: 185
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  4. 5 beds, 4 full, 2 part baths
    Home size: 7,000 sq ft
    Lot size: 14,474 sqft
    Year built: 2002
    Parking spots: 3
    Days on market: 40
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  5. 5 beds, 6 full, 1 part baths
    Home size: 6,000 sq ft
    Lot size: 19,602 sqft
    Year built: 2012
    Parking spots: 6
    Days on market: 40
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  6. 4 beds, 3 full, 1 part baths
    Home size: 3,950 sq ft
    Lot size: 18,730 sqft
    Year built: 2014
    Parking spots: 3
    Days on market: 59
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  7. 5 beds, 5 full, 1 part baths
    Home size: 4,700 sq ft
    Lot size: 30,718 sqft
    Year built: 2015
    Parking spots: 3
    Days on market: 59
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  8. 5 beds, 4 full, 1 part baths
    Lot size: 16,198 sqft
    Year built: 1992
    Parking spots: 3
    Days on market: 120
    Broker reciprocity icon
  9. 4 beds, 3 full, 1 part baths
    Home size: 3,800 sq ft
    Lot size: 24,393 sqft
    Year built: 2014
    Parking spots: 3
    Days on market: 72
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  10. 3 beds, 3 full, 1 part baths
    Home size: 2,616 sq ft
    Lot size: 5,900 sqft
    Year built: 2011
    Parking spots: 2
    Days on market: 77
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

Palatine IL Real Estate Experts – Call Now 1 – 773 – 671 – 4663

If you are thinking about selling your Chicago IL home, we have years of experience and extensive training in cutting-edge, online marketing technologies for today’s competitive market. If you are behind on your mortgage and don’t know what to do, we are experts in Chicago IL short sale.

The first step in the selling process is to provide you with an in-depth comparative market analysis (CMA) on your home. We will then create a comprehensive online game plan to get your Chicago IL real estate in front of as many people as possible and get it sold as quickly as possible!

We also offer expertise in the home buying process, focusing on the Chicago area and surrounding Suburbs. Give us a call today for a list of Chicago IL homes for sale that are currently available in your area of interest.

As an investor, we have several services available in the preparation for the sale of REO’S and Short Sale properties. This includes a variety of professional sub-contractors who can do whatever is needed to prepare the property for sale. Once the property is ready, we can also help you with your unique marketing needs.

Whether your are looking to buy, sell, short sale or invest, we offer Chicago real estate services in the following counties:

Please give us a call today at 773.671.4663 or fill out the online contact form, and let us know how we can best serve your Chicago Metro Real Estate needs!
We also speak fluent Spanish and Polish.

Adam Balawender, Realtor®, CDPE
Real Estate Pro Chicago – Re\max, City
Cell Phone: 773.671.4663

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