Palatine Real Estate and Community Information


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Palatine real estate and community information from Corinne Guest REALTOR with your local independent brokers. Barrington Realty Company can help sell your Palatine homes with extensive internet marketing. Don't settle, request top real estate agent Corinne Guest for the marketing and sale of your property. Helping sellers with condos, town houses, single family homes, luxury properties. Palatine is a popular city with lots of things to do, a good school system, award winning high school. Commuters can get to Chicago in an hour, O'Hare in 30 minutes.

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Palatine Real Estate and Community Information

  1. 1. Palatine Real Estate Illinois /chicagoland-communities/palatine-real-estate/ Palat ine Real Est at e and Communit y Inf ormat ion The following information is provided by top Palatine IL Realtor Corinne Guest, Managing Broker of Barrington Realty Company. If you have any questions about Palatine and specifically the Palatine real estate market, reach out to her. Palatine is located in Cook County in the Northwest Suburbs of Chicago. The Village of Palatine was founded in 1866 and is now a thriving suburban community. The city is about 30 miles out from Chicago. North of I- 90 Palatine sits on top of Route 14, a main Chicago northwest through- way and is west of Route 53. Palatine has an area of just under 14 square miles. Most of it is land with less than 1% water. There are several streams running through what used to be a wooded marshland. Palatine has several z ip codes but for residences they are 60067 and 60074. Palatine has seen rapid growth since the 1970′s and offers just about anything residents could need. The first suburb style subdivision was Palanois Park. Since the end of World War II a lot of new neighborhoods have been built. In more recent years the downtown area of Palatine has seen some extensive regeneration. You’ll find new condo buildings, a new train station, commercial expansion and garage style parking. Palatine can best be described as a bedroom style communit. It’s a blend of suburban with an urban feel to the downtown area. The Metra line station in Palatine provides public transport to downtown Chicago. A location close to the major roadways allows it to be a commuters residential area. Nearby cities like Schaumburg, Libertyville and Elk Grove Village provide a wide employment base too, with several Fortune 500 Companies. What’s T he Palatine Real Estate Market Like? If you want to jump in and search Palatine real estate, scroll down to find links for homes by price range and popular searches. Palatine is home to one of the largest condo markets in Chicagoland. There’s also plenty of choices in town houses, new brownstones in the city center, single family homes of all styles, ages and siz es. There are luxury homes in some of the younger subdivisions, especially those that are closer to Inverness and Barrington. For the most part single family homes in Palatine are located on standard builder lots. It’s rare to find half to 1 acre lots but there are a few neighborhoods that offer them. Look in the Plum Grove neighborhoods for larger lot siz es. The median price for single family homes is $400,000 and for attached homes $93,000. Palatine is still dealing with a siz eable number of foreclosure sales at the lower end of the market. This pulls the attached median price range down. The downtown area is a place to find smaller ranches built in the 1950′s to 1970′s. Many of these do not have basements as was the style when Palatine was growing. It’s also a great location for condos within walking distance of The Metra Station. If you want larger single family homes look in the surrounding planned unit neighborhoods. These were built post 1970′s and created to provide residents with more green space, parks and close to schools for families raising children. Palatine real estate has a luxury market, you’ll find them in the newer neighborhoods. There’s been quite a change in some of the downtown areas, builders came in and demolished older homes when available and have built luxury homes for those that prefer a downtown location. 4 and 5 bedroom homes up to $1.4 million can be bought in Palatine with up to 6,000 square feet of living space. Few have anything larger than 1/3 acre lot but this appeals to many busy
  2. 2. households that do not want large lots to deal with. Housing and Population Statistics Palatine’s population in 2010 was reported as 68,557 with 26,876 households. The population is spread out. 23.9% are under 18, 7.5% 18 to 24 years old, 30.6% 25 to 44 years old, 27.3% 45 to 64 years old and 10.5% over age 65. There are 49.4% males and 50.6% females. The median age is 38.6 years. The average household siz e is 2.54 people, the average family is 3.16 people. Climate For Palatine Illinois Situated far enough from the City of Chicago, Palatine enjoys weather similar to much of the suburban area. It’s a little cooler in winter and a little warmer in Summer than Chicago. Average summer highs are in the 80′s Fahrenheit and winter lows in the teens. Snowfall occurs November through March, January seeing the most accumulations on average. August is the rainiest month although April, May and June are consistently 4 inches a month. Tornadoes are rare as are earthquakes, there have been a few notable events. Most storm damage occurs from winter storms and spring floods. Note-able Employers Palatine is not known as an employment base. The largest employers here are Palatine School District 15, Township High School 211, UPS, United States Postal Service and Harper Community College. Larger employers like Motorola are in nearby Schaumburg where there’s plenty of employment opportunity. Palatine is home to Weber- Stephen Products the company that makes the Weber Grills and Square D a circuit breaker company, neither are large employers. Palatine IL Public Schools Palatine School District 15 is large with several elementary and middle schools and Palatine High School. Township high school district 211 also has a school in Palatine. Element ary Schools: Gray M. Sanborn School Hunting Ridge School Jane Addams School Lake Louise School Lincoln School Marion Jordan School Pleasant Hill School Stuart R. Paddock School Virginia Lake School Winston Campus School–Elementary Middle Schools: Walter R. Sundling Junior High Winston Campus–Junior High High Schools:
  3. 3. Palatine High School (15) William Fremd High School (211) There are several Parochial schools and one independent at Quest Academy. Palatine educates some 14,000 children. Colleges and Universities Nearby Harper Community College is located in Palatine between Euclid Avenue and Algonquin Rd. Home to some 7,000 full time students it’s often the choice for freshman and sophomore students from high school before they embark on their final choice of degree. Harper College was denied the ability to offer 4 year courses but students can get their Associates degree before moving on. Educational Statistics Degrees – Palatine far exceeds the average for Illinois with 31.3% of students attaining a 4 year degree and another 13.9% a Masters Degree. 23.2% stop at high school diploma level with 7.1% not finishing high school. Palatine Parks The Palatine Park District serves the residents of Palatine, as well as overlaping areas of Barrington, Rolling Meadows, Arlington Heights, Inverness and Hoffman Estates. Four swimming pools are operated by the district and two recreation centers. There are 9 named parks as well as golf courses as Twin Lakes and Palatine Hills. Hospitals The nearest hospitals are: St Alexius Medical Cent er in Hof f man Est at es Nort hwest Communit y Hospit al Arlingt on Height s Good Shepherd Hospit al Barringt on Transporatation and Commuting contemplative imaging via Compfight
  4. 4. Palatine is on the Metra Union Pacific Northwest Line which runs from Harvard Illinois to Ogilvie Transportation Center in Chicago. Commuting by train to the city takes about an hour. Commuters can by one way tickets, return tickets, 10 ride tickets or monthly passes. Parking is available. To drive down town commuters can use Route 53 to reach I- 90 and then direct into the city. Rush hour traffic can mean it might take longer than an hour and when it snows, well all I can say is glad it’s not me! O’Hare Airport is the nearest and has been known as the biggest airport. It is also reached via I- 90 in about 30 minutes. O’Hare has direct flights to most states, larger cities and countries due to our central US location and the siz e of the airport. Palatine IL Shopping From old town Palatine along route 14 to Dundee Rd and Rand Road Palatine has everything from big box stores to small strip malls. Home Depot, Target, Walmart, Walgreen etc. are all in plentiful supply. Large grocery stores are Jewel Osco and Dominicks (recently announced they are closing we are waiting and hoping some- one will buy them). Palatine shoppers also go to The Arboretum South Barrington and Deer Park Shopping Mall for upscale stores and Woodfield Mall in Schaumburg for Macy’s, Sears, JC Penney and hundreds of other stores and restaurants under one roof. Palatine IL Eateries Palatine has everything you need with over 3,500 full service restaurants. Whether you like American fare, Sushi, Mexican, Thai, or any other culture, it’s here, even an Irish Pub and Sportsbar. Corinne Guest Palatine Real Estate Agent If you are thinking of selling your Palatine real estate we can help. Whether you are a first time seller, investor flipping properties or just ready to move up or down the market, let’s get together and discuss your game plan and come up with the best marketing for your home. Our expertise is online marketing which after all is where 90% or more buyers are starting their home buying research. There are no other Palatine Realtors with the level of online exposure we’ll give to your home. When it comes to
  5. 5. marketing Palatine real estate we make sure your property is in the limelight. From social media integration to a search engine optimiz ed website just for your home, we make sure it can be seen no matter where buyers go to look. Marketing Palatine real estate should not be just putting a sign to the ground and adding it to the MLS. We include exposure on Facebook, Twitter, this website and our Google Plus page, our following is increasing daily and you just never know who will be looking at your home. Real estate is local but your buyer might not be. We also add virtual tours, elevated photos where practical, YouTube exposure and more and we don’t charge anymore for all this extra work we do. Corinne Guest started selling real estate in 2005, prior to that she was a mortgage underwriter, collectively her experience is over 20 years in the industry. Starting with a local independent Palatine real estate firm, Corinne moved to RE/MAX for two years then preferring the independent model opened her own brokerage company in 2008 in Barrington close to her home. Surviving what was a pretty tough market Corinne is pleased that her service is more of a personal one to one service. The goal was never to be a big company with a big name, rather one that gave her clients the feeling that they matter to her as people and as clients. Corinne was recently featured in the Illinois Realtor magaz ine for one of her niche markets. She makes use of a personal assistant, coach and mentor, and marketing consultants to keep up with the progression of real estate in today’s technological era. Call or email to discuss how Corinne can best help with your Palatine real estate needs. Corinne Guest REALTOR – Palat ine Illinois Barrington Realty Company Phone: 847- 363- 3686