Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
2 Properties Within 0.5 miles of: 502 N Smith, Palatine

502 N Smith
Palatine, IL 60067

  • 2 Beds
  • 1 Baths
  • 823 Sq. Ft.
  • Built In 1956
Price

$375,000

Est Payment
$2,330 / month (details)  
Taxes
$5,841  
Beds
2  
Baths
1  
Rooms
4  
Type
Detached  
Sq. Ft.
823  
Lot Size
60X185  
Built
1956  
Neighborhood
Palatine  
MLS
#12626361
Status
Active (5 days)

Property Description

Renovated and meticulously maintained ranch home near Downtown Palatine! This home features wide-plank siding freshly painted in 2025 and other expansive renovations including mostly new electrical and mostly new plumbing (2022), new roof and HVAC (2023), basement drain tile (2024), perimeter drainage channel and sealed foundation (2023), and an extended sump pump discharge line routed more than 40 feet from the home underground (2024), new gutters and downspouts (2025), new asphalt driveway (2024, improved from dirt driveway) driveway sealed in 2025, new concrete walkway (2025), and newly built front and back porches (2025). The backyard was professionally regraded and landscaped in 2024 with select tree removal and trimming. A new concrete slab (2024) offers flexible space for a tiny home, RV, boat, shed, or greenhouse. Interior highlights include real hardwood floors in the living room and two bedrooms, tile in the kitchen and bath, granite countertops, white shaker cabinets, and stainless steel appliances. Owner acquired 3 verbal estimates for a 2 bedroom 1 bathroom addition on the south side of the home or as a second story addition, the quotes ranged from $100,000-$125,000. Zero lot new construction homes are selling in the same area for $700,000 plus! The tiny home in the backyard will be removed prior to closing unless included in a separate negotiated bill of sale. Seller is a licensed IL Real Estate Managing Broker and licensed Community Association Manager.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
14X15
Dining Room
N/A
Kitchen
Main
Ceramic Tile
8X14
Family Room
N/A
Laundry
N/A
Master Bedroom
Main
Wood Laminate
10X11
Bedroom 2
Main
Hardwood
10X11
Bedroom 3
N/A
Bedroom 4
N/A

Utilities

  • Heating Natural Gas
  • Cooling Central Air
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Gravel, Yes, Garage Owned, Detached, Garage, Parking included in price
Schools
Palatine High School (211), Carl Sandburg Middle School (15), Gray M Sanborn Elementary School (15)

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-22-2026 Listed at $375,000
Last Modified 4/28/26 12:05 AM

Nearby Transportation

  • Union Pacific Northwest 0.5 mi
  • Hwy 53 South 1.9 mi
  • Hwy 53 North 2.1 mi
  • I 90 West 4.1 mi
  • I 90 East 4.1 mi
grid
Register to see 1 more properties