Real Estate
Palatine is a real home town. With a heritage dating back to the 1830's, residents pride themselves on maintaining that history with a museum and community events. This community is also just 28 miles from Chicago’s Loop and 14 miles from O’Hare International Airport, allowing easy access to metropolitan cultural and business while maintaining a simple home town feel.
Palatine, Ill., is located in the northwest suburbs of Chicago. The real estate market in the suburbs of Chicago, like in Palatine, has much to offer both buyers and sellers.
 |
||
| Population 65,479 | Median Age 34.3 yrs | Household Size: 2.56 |
| Avg Home Value: $199,200 | July High: 82.6°F | January Low: 10.8°F |
Real Estate Northwest Suburbs in Palatine
Palatine is a great escape from the busy city of Chicago but is in arms reach of the airport and the downtown area. This makes Palatine a wonderful suburban place for commuters and families to have a quieter life and still have the conveniences of the city.
The neighborhoods in Palatine as well as in neighboring Buffalo Grove offer quality real estate options to mostly middle-class families. The real estate, while less expensive than living in Chicago, is relatively costly because of its convenient distance from the city and other attractions it has to offer.
The city is home to more than 75,000 residents and about 19,000 families. The average home value is $160,000 and the average household income is $55,000. These averages do not include the high and low ends of what the real estate market in Palatine has to offer.
There are hundreds of homes for sale in a great city with top-ranked schools, convenient travel time to Chicago and a great downtown area. With the help of a qualified real estate agent one of these homes could be yours. Currently Palatine home prices are rising. The homes on the market right now range from $110,000 to $641,900.
Palatine real estate comes in many different settings. Palatine is close to three different golf courses: Palatine Hills golf course, Inverness Golf Club and Twin Lakes golf course. These areas offer real estate with views of the courses and scenery. Palatine also has real estate in wooded areas full of greenery as well as options with waterfront views. All of these real estate options are available right now for you to look at on listings for the northwest suburbs in Palatine.
Finding real estate professionals in the northwest suburbs should not be a hard task. The real estate market in Palatine as well as the surrounding communities has a lot to offer, and there are several brokers, agents and other real estate professionals specializing in the suburbs of Chicago, if not specifically in Palatine.
Make sure you interview a couple of brokers before selecting the right one. Maybe ask for a reference of a previous client of theirs. This way you can talk to someone who was once in your shoes about how the broker handled the sale.
Once you select a real estate agent they can help you sift through your many options in the northwest suburbs in Palatine. They can narrow down your options according to your specifications on how much you can offer on your potential homes, convenience to the city, the location of local schools and whatever else you and your family may require.
Your real estate agent will also walk you through the home buying process. They should take care of the paperwork, legalities and most of negotiations. They are your personal assistant and experienced confidant while going through the home buying process.
Enlisting the help of a real estate professional that specializes in any of these areas will be a great help to your understanding of the buying or selling real estate in the northwest suburbs in Palatine.
By Lisa Tilson
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®