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Palatine Information
Welcome > Local Info > Palatine Information ...

Palatine

Population: 65,479
Average Home Value: $439,972

Village Hall: 847-358-7500

Palatine

Palatine, 30 miles northwest of the Loop, is a village that attracts house hunters looking for a family community with recreational diversity and convenient access to Chicago. The small town appeal of Palatine’s downtown district, with it’s attractive historic structures, disguises the fact that business community is prospering.

Additionally, Palatine offers 28 parks covering 623 acres. Recreational opportunities are numerous and Deer Grove Forest Preserve and Crabtree Nature Center are nearby. There are four public pools in Palatine and five golf courses in, or near, the community. The Northwest Special Recreation Association is active there and sponsors a number of programs for residents.

Housing:

Popular home styles in the area range from Colonials and Victorians to Split Levels and Cape Cods. Homes in Palatine may vary in price according to the township in which they are

located. The 2006 average sales price was $439,972.

Schools:

Community Consolidated School District 15 serves the elementary students in both Palatine and Palatine Township in Inverness. High Schoolers in both Palatine and Inverness attend high school District 211. William Fremd and Palatine High School are both located in Palatine. In 2006 Fremd students had an average ACT composite score of 23.9, and Palatine students scored 21.9. Students of the Barrington Township area of Inverness attend Barrington District 220 schools. Barrington High School district 220 had a 2006 average composite ACT score of 23.5.

Transportation:

Illinois 53 borders Palatine on the east, connecting with the Northwest Tollway (I-90) and the

North-South Tollway (I-355). The Loop is an hour drive from Palatine. Midway Airport is a 70 minute drive and O’Hare is 20 minutes away. Commuter from Inverness may board express rail service in Palatine for a 40 minute trip to the Loop. Local trains take approximately one hour. Buses also operate in the area.

Primary Sources: MLSNI, www.illinois.biz2000census & www.isbe.state.il.us 03/2007


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Real Estate Tips
Disclosure Laws >Hard Sell

Many real estate listings come from individuals who thought they had sold their homes. Sellers who try to sell their own home learn the hard way that selling a home is not easy. Keeping it sold and getting to the closing table is even more difficult. What are the pitfalls involved in selling your own home?

Face-to-face negotiations can be difficult, even when the buyer really wants the house. Then there is the paperwork. Standard contract forms rarely cover all of the local requirements regarding disclosure laws. Such contracts may provide loopholes which could allow a buyer with cold feet to back out at the last minute.

When you have finally come to an agreement, how can you be sure that your buyers will engage competent professionals to handle their loan and complete the closing? What if structural problems are discovered or property boundary problems are revealed? The experience and expertise of a professional real estate agent is your greatest asset in concluding a successful transaction.

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Real Estate Trivia
Q 
What was the first territorial acquisition made by the U.S. Government?

A 
The Louisiana Purchase from France in 1803 for $15,000,000 increased U.S. national territory by 140%.
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Bob Untch, REALTOR®, real estate agent and broker for Barrington, Inverness and Cary, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Bob Untch
Coldwell Banker Residential Brokerage

530 N. Hough Street #180
Barrington, IL 60010
847-542-0475
Fax: 847-382-4990
BobUntch@NUMBER1EXPERT.com


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