325 S Lancelot Lane, Palatine, IL 60074

$354,000 Asking Price

3 beds
3 baths
1,650  sqft
Built in 1999

A lot of home at an even better price now! Don't wait too long to see this rarely-available end unit townhouse in Coventry Park before it sells. Perfect for investors also, the current tenant pays $2425/month, lease ends 12/31/2024, he is flexible to continue renting or open to vacating if needed. Spacious 3 bedrooms, 2.1 bathrooms corner unit featuring cathedral ceilings, palladium windows and a gorgeous fireplace in the living room for cozy winter evenings. New modern laminate floors throughout and new tiles in all 3 bathrooms and the laundry. Recent/past few years improvements: custom cherry cabinets, modern appliances, recent remodel and updates T-out, newer lighting and outlets, HVAC, and garage door. This townhouse is in excellent condition. Master bedroom features newer vanity with double bowl sink and walk in closet. Laundry room on the 2nd floor. Walk out of kitchen to patio that opens up to serene open green space and trees. Rarely available unit for sale in this subdivision located within walking distance to possible near-future football games and large arena events, with big rental earnings potential. Motivated seller: show and write, this beauty won't last long at this lowered price.


Features & Amenities

Interior

General:
Vaulted/Cathedral Ceilings, Wood Laminate Floors, Second Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s)
Rooms:
Foyer
Appliances:
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Dining:
Combined w/ LivRm
Laundry:
Gas Dryer Hookup, In Unit, Laundry Closet
Basement:
None
A/C:
Central Air
Heating:
Natural Gas, Forced Air
Fireplace:
Wood Burning, Fireplaces: 1
Disability Feature:
None

Exterior

General:
Aluminum Siding,Stone, Patio, Storms/Screens, End Unit
Parking:
Garage, Parking spaces: 2

Construction

Roofing:
Asphalt

Location

HOA Amenities:
Insurance, Exterior Maintenance, Lawn Care, Snow Removal, 216.0, Monthly
Originating MLS:
mred
School District:
15
County:
Cook

Lot

Zoning:
02242030441068

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
Nicholson Real Estate Inc., Charles Nicholson

About Palatine, IL

Housing

Number of Units
32,520
Median Home Value
$321,505
Median Rent
$1,212

30.85% of housing units are renter occupied.

5.14% are vacant.

Commute

Car
61.49%
Public Transportation
3.19%
Walk to Work
1.56%
Work from Home
33.04%
Other
0.38%

The median travel time to work is 21 minutes.

People

Population
78,292
Median Age
39.50
Median Household Size
2.72

Education

High School
14.85%
Associate’s Degree
6.88%
Bachelor’s Degree
32.81%
Graduate Degree
20.43%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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