Palatine IL Real Estate Experts – Call Now 1 – 773 – 671 – 4663
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 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 Single Family Homes For Sale in Palatine, Illinois:
See all Real estate in the city of Palatine.
(all data current as of 4/19/2015)
$1,390,000 : 1167 W Cornell Avenue, PALATINE5 beds, 6 full, 2 part baths
$1,185,000 : 220 Brookdale Lane, Palatine5 beds, 3 full, 1 part baths
$1,100,000 : 632 S Plum Grove Road, PALATINE3 beds, 2 full baths
$979,900 : 625 S Warren Avenue, PALATINE5 beds, 6 full, 1 part baths
$929,000 : 1083 S Windhill Drive, PALATINE6 beds, 5 full, 1 part baths
$929,000 : 942 W Carolyn Drive, PALATINE4 beds, 3 full, 2 part baths
$910,000 : 690 W Echo Lane, PALATINE4 beds, 3 full, 1 part baths
$815,000 : 321 N Waynes Court, PALATINE4 beds, 3 full, 1 part baths
$799,980 : 1481 W Winnetka Street, PALATINE5 beds, 5 full, 1 part baths
$799,900 : 921 W Kathleen Road, PALATINE4 beds, 3 full baths
$799,900 : 551 S Middleton Avenue, PALATINE4 beds, 3 full baths
$799,900 : 607 S Brockway Street, PALATINE4 beds, 4 full baths
$799,800 : 234 N Plum Grove Road, PALATINE4 beds, 3 full, 1 part baths
$795,000 : 268 S Crescent Avenue, PALATINE4 beds, 3 full, 1 part baths
$779,000 : 280 W Illinois Avenue, PALATINE5 beds, 3 full, 1 part baths
$774,900 : 550 S Middleton Avenue, PALATINE4 beds, 3 full baths
$759,900 : 901 W Kelsey Court, PALATINE4 beds, 3 full baths
$749,900 : 789 W Anthony Drive, Palatine3 beds, 3 full, 1 part baths
$749,000 : 623 S Brockway Street, PALATINE4 beds, 2 full, 1 part baths
$749,000 : 282 W Illinois Avenue, PALATINE5 beds, 3 full, 1 part baths
$739,900 : 1245 S Old Forge Court, PALATINE5 beds, 3 full baths
$735,900 : 394 W Michigan Avenue, PALATINE4 beds, 2 full, 1 part baths
$729,900 : 286 W Illinois Avenue, PALATINE4 beds, 3 full, 1 part baths
$729,700 : 16 E Michigan Avenue, PALATINE4 beds, 3 full, 1 part baths
$725,800 : 1232 S Old Forge Court, PALATINE4 beds, 3 full, 1 part baths
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:
- Cook County IL Real Estate
- Will County IL Real Estate
- Du Page County IL Real Estate
- Kane County IL Real Estate
- McHenry County IL Real Estate
- Lake County IL Real Estate
Adam Balawender, Realtor®, CDPE
Real Estate Pro Chicago – Re\max, City
Cell Phone: 773.671.4663