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245 S Park Lane , #321

Palatine, IL 60074
  • $196,000
  • STATUS: Closed
  • ON SITE: 68 Days
  • MLS #: 12015807
Sold - 01/08/2026
$196,000
SOLD - 01/08/2026
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,200
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1972
County:
Area:

School Ratings & Info

School District:
15

Description

Welcome to this spacious 2-bedroom, 2-bathroom condo located on the 3rd floor of a desirable community-offering both convenience and tremendous upside for the right buyer. Step inside and you'll find a well-designed layout with generous room sizes, an open living/dining area, and a private balcony overlooking the clubhouse and pool-perfect for morning coffee or winding down after a long day. While the home is in need of TLC, it presents a fantastic opportunity to build instant equity. Bring your vision and creativity-cosmetic updates will transform this condo into something truly stunning. Additional highlights include: Primary bedroom with ensuite bath,Plenty of closet space,Elevator building,Assigned parking + guest parking,Pool, clubhouse, and well-maintained community amenities Situated in an unbeatable location-just minutes from shopping, dining, Metra access, and only 4 minutes from the upcoming Chicago Bears stadium in Arlington Heights-this is a rare find for investors, first-time buyers, or anyone looking to customize a home to fit their style. Don't miss the chance to make this condo your own and capitalize on the exciting growth happening nearby!

Sold by Keller Williams Thrive.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-01-21T21:04:56.143 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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245 S Park Lane , #321 Palatine, IL 60074

  • Price: $200,000
  • Status: Closed
  • On Site: 68 Days
  • Updated: 106 min ago
  • MLS #: 12015807
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,200
SQFT
$163
$/SQFT
1972
Built
Neighborhood:
Willow Creek
County:
Cook
Area:
Cook
School District:
15
Property Description
Welcome to this spacious 2-bedroom, 2-bathroom condo located on the 3rd floor of a desirable community-offering both convenience and tremendous upside for the right buyer. Step inside and you'll find a well-designed layout with generous room sizes, an open living/dining area, and a private balcony overlooking the clubhouse and pool-perfect for morning coffee or winding down after a long day. While the home is in need of TLC, it presents a fantastic opportunity to build instant equity. Bring your vision and creativity-cosmetic updates will transform this condo into something truly stunning. Additional highlights include: Primary bedroom with ensuite bath,Plenty of closet space,Elevator building,Assigned parking + guest parking,Pool, clubhouse, and well-maintained community amenities Situated in an unbeatable location-just minutes from shopping, dining, Metra access, and only 4 minutes from the upcoming Chicago Bears stadium in Arlington Heights-this is a rare find for investors, first-time buyers, or anyone looking to customize a home to fit their style. Don't miss the chance to make this condo your own and capitalize on the exciting growth happening nearby!
Exterior Features

Exterior Features Balcony Foundation Details Concrete Perimeter Is Parking Included In Price Yes Parking Features Heated GarageYesGarage OwnedAttachedGarage Parking Total 1 Stories Total 4 Waterfront YN No

Interior Features

Appliances DishwasherRefrigeratorRange HoodGas CooktopGas Oven Approximate Finished Sq Ft 1200 Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 2 Cooling Central Air Dining Room Combined w/ LivRm Fireplaces Total 0 Heating Natural GasForced Air Laundry Features Common Area Main Sq Ft 1200 Room Type No additional rooms Rooms (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) Bedroom 2 (Main) Bedroom 3 (N/A) Bedroom 4 (N/A) Dining Room (Main) Family Room (N/A) Kitchen (Main) Laundry (N/A) Living Room (Main) Master Bedroom (Main) Rooms Total 5 Total Sq Ft 1200 Unfinished Sqft 1200

Property Features

Additional Parcels YN No Age 51-60 Years Association Amenities Bike Room/Bike TrailsCoin LaundryElevator(s)StorageParkParty RoomPoolSecurity Door Lock(s)Clubhouse Association Fee 322 Association Fee Frequency Monthly Association Fee Includes WaterGasParkingInsuranceSecurityClubhouseExercise FacilitiesPoolExterior MaintenanceLawn CareScavengerSnow Removal Built Before1978 YN Yes Can Owner Rent Unit YN No Corporate Limits Palatine Currently Leased No Disability Access And Or Equipped No Electric Circuit Breakers Financing Cash General Information School Bus Service Master Association Fee Frequency Not Required Master Association Fee YN No Mls Actual Status Closed New Construction YN No Other Equipment Ceiling Fan(s) Ownership Condo Pets Allowed Cats OK Pets Allowed YN Yes Rebuilt YN No Rural No Sewer Public Sewer Short Sale Not Applicable Special Listing Conditions Probate Listing Tax Annual Amount 997.7 Tax Year 2023 Total Numberof Unitsin Building 96 Township Palatine Type Attached Single Type Attached CondoMid Rise (4-6 Stories) Water Source Lake Michigan

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Infinity: 630-778-5800.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-01-21T21:04:56.143 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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