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1042 N Thackeray Drive

Palatine, IL 60067

4 beds
3 baths
2,275 sqft
9,976 sqft lot
$226 per sqft
1971 build
– on site

Excellent investment opportunity!! This property comes with a current lease in place through October, providing immediate rental income for the new owner or ability to have a quick close with later move in date for non-investor buyer (call LA for other tenant options as well). This inviting home offers four bedrooms and 2.1 baths, all styled in neutral tones for a timeless look. Standout features include a vaulted beamed ceiling with skylights, a California floating staircase, and a striking floor-to-ceiling brick fireplace with a raised hearth. The kitchen is designed for both function and style, with raised panel maple cabinetry, soft-close drawers, stainless steel appliances, hardwood floors, and a prep island that adds extra storage. Upstairs, the friendly Jack and Jill bathroom comes with separate vanities. A fourth bedroom on the main level makes a perfect office or study space. Step outside to an oversized, fenced backyard with a new 6' cedar privacy fence. Enjoy the paver brick patio and firepit - ideal for gatherings and relaxing evenings. Located in the welcoming Pepper Tree Farms neighborhood, this home is just a short 6-minute walk to Lincoln Elementary School!! Welcome Home~

Listing courtesy of MRED / Keller Williams Infinity as distributed by MLS GRID

Last checked: Checking… • Last updated Jul 4, 2025 •

MLS# 12404682 —

The Building

Year Built:

1971
Rebuilt:

No
New Construction:

false
Construction Materials:

Vinyl Siding, Brick
Model:

CONTEMPORARY
Roof:

Asphalt
Basement:

Crawl Space
Foundation Details:

Concrete Perimeter
Exterior Features:

Fire Pit
Patio And Porch Features:

Patio
Disability Access:

No
Other Equipment:

CO Detectors, Sump Pump
Living Area Source:

Assessor
Window Features:

Skylight(s)

Interior

Room Type:

Foyer, Walk In Closet
Rooms Total:

8
Interior Features:

Cathedral Ceiling(s), 1st Floor Bedroom, Beamed Ceilings, Open Floorplan
Fireplaces Total:

1
Fireplace Features:

Wood Burning
Fireplace Location:

Living Room
Laundry Features:

Main Level, Gas Dryer Hookup
Flooring:

Hardwood

Room Dimensions

Living Area:

2275

Location

Directions:

Cunningham West of Hicks or East of Smith to Thackeray, North on Thackeray to Home.
Location:

24695

The Property

Parcel Number:

02111130210000
Property Type:

Residential
Location:

A
Lot Features:

Corner Lot, Landscaped
Lot Size Dimensions:

86 X 116
Rural:

N
Waterfront:

false
Additional Parcels:

false
Fencing:

Fenced

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

10628

Beds

Bedrooms Total:

4
Bedrooms Possible:

4

Baths

Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Virtual Tour Unbranded:

Virtual Tour
Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas, Forced Air
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Electric:

Circuit Breakers, 200+ Amp Service
Water Source:

Public

Appliances

Appliances:

Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Humidifier

Schools

Elementary School:

Lincoln Elementary School
Elementary School District:

15
Middle Or Junior School:

Walter R Sundling Middle School
Middle Or Junior School District:

15
High School:

Palatine High School
High School District:

211

The Community

Subdivision Name:

Pepper Tree Farms
Association Fee Includes:

None
Association Fee Frequency:

Not Applicable
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

2
Parking Features:

Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
Garage Spaces:

2

Monthly cost estimate

Asking price

$515,000

Expense	Monthly cost
Mortgage	$2,757
Taxes	$885
Insurance	$141
Utilities	$186 See report
Total	$3,969/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/3/25 Jul 3, 2025	Listed / Active	MRED	$515,000	43.5% (9.4% / YR)
11/24/20 Nov 24, 2020		MRED	$359,000	-2.7%
11/2/20 Nov 2, 2020		MRED	$369,000

45% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $17k above asking price on average, but some went as high as $60k over asking price.

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This house located in Pepper Tree Farms, Palatine, IL 60067 is currently for sale for $515,000. 1042 N Thackeray Drive is a 2,275 square foot house with 4 beds and 3 baths that has been on Estately for 0 days. 1042 N Thackeray Drive is in the Pepper Tree Farms neighborhood of Palatine and has a WalkScore® of 40, making it car-dependent. This house is in the attendance area of Walter R Sundling Junior High School, Palatine High School, and Lincoln Elementary School.

Listing courtesy of MRED, Keller Williams Infinity, and Dena Furlow as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Jul 4, 2025, 12:59 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.