Welcome investors! This townhome presents a fantastic opportunity for those looking to add a rental property to their portfolio. With some TLC and renovation work, this townhome has great potential to attract tenants and generate consistent rental income. With the right vision and investment, this property can be transformed into a lucrative asset. Don't miss out on the chance to turn this fixer-upper into a cash-flowing rental property! Stepping inside you will be greeted by this two story living room with a gas fireplace. The open concept is perfect for entertaining and allows direct access to the kitchen. A separate area for a dining room table provides the perfect flow. Tons of windows bringing in ample natural light to this space. A private patio to enjoy for grilling. The main level offers laundry, half bath and an attached garage with extra storage. Moving upstairs you have your primary bedroom with a nice sized walk-in closet, full bath and 2nd bedroom. This subdivision provides an in-ground pool to enjoy during the summer months. Across the street from a large forest preserve offering plenty of walking/bike paths. Close to shopping, dining, Metra access in downtown Palatine and more.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms Possible: 2
- Primary Bedroom Dimensions: 13 x 16
- Bedroom 2 Dimensions: 10 x 13
- Primary Bedroom Level: Second
- Bedroom 2 Level: Second
Other Rooms
- Total Rooms: 5
- Walk In Closet
- Walk In Closet: 5 x 6
- Walk In Closet Level: Second
- Laundry: 1 x 1
- Laundry Level: Main
- Living Room Dimensions: 13 x 19
- Living Room Level: Main
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
- Vaulted/Cathedral Ceilings
- First Floor Laundry
- Laundry Hook-Up in Unit
Appliances
- Yes
- Laundry Features: In Unit
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Natural Gas, Forced Air
- Number of Fireplaces: 1
Kitchen and Dining
- Dining Area Dimensions: 9 x 9
- Dining Area Level: Main
- Kitchen Dimensions: 9 x 7
- Kitchen Level: Main
Exterior and Lot Features
Land Info
- Lot Description: Cul-De-Sac
Garage and Parking
- Driveway: Asphalt
- Garage Spaces: 1
- Garage Description: Attached
- Garage Features: Garage Door Opener(s), Transmitter(s)
- Parking Total: 1
Homeowners Association
- Association: Yes
- Association Amenities: Pool
- Association Fee: 315
- Association Fee Frequency: Monthly
- Association Fee Includes: Insurance, Pool, Lawn Care, Scavenger, Snow Removal
- Calculated Total Monthly Association Fees: 315
- Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
- Cats Allowed: Yes
- Dogs Allowed: Yes
School Information
- Elementary School: Gray M Sanborn Elementary School
- Elementary School District: 15
- High School: Palatine High School
- High School District: 211
Other Property Info
- Annual Tax Amount: 4154.30
- Source Listing Status: Active
- County: Cook
- Directions: Dundee Rd, West of Quentin Rd, to N. Knollwood Ave., south to home.
- Tax Year: 2023
- Ownership: Fee Simple w/ HO Assn.
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: Knollwood of Palatine
- Parcel Number: 02092050060000
- Subdivision: Knollwood of Palatine
- Township: Palatine
- Management Company: American Property Management
- Property Subtype: Attached Single
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1155
- Year Built: 1985
- Foundation Details: Concrete Perimeter
- Property Age: 39
- Roof: Asphalt
- Levels or Stories: 2
- Structure Type: Townhouse-2 Story
Utilities
- Sewer: Public Sewer
- Water Source: Lake Michigan