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240 N Ashland Avenue

Palatine, IL 60074

3 beds
2 baths
1,464 sqft
8,712 sqft lot
$273 per sqft
1955 build
– on site

This terrific move-in ready 3 bedroom, 2 bath home is situated on a quiet interior corner lot in the ever-popular suburb of Palatine. Upon entering the spacious living area you will be impressed with the abundance of light flowing through the, almost wall to wall, windows. To the immediate left of the living room sits another light filled room highlighted with a warm and inviting wood burning fireplace. This area could easily function as a second living area, a family room, library/study, or perhaps it can work to fill your unique needs. The kitchen is a good example of efficient space utilization. Light and bright it hosts stainless appliances and granite counters. It houses everything a cook needs to create gourmet meals, while keeping the work area nicely hidden from the dining room. A custom, built-in cabinet accentuates the charming dining room, providing an atmosphere for comfortable relaxed dining as well as a place to celebrate special occasions. Three bedrooms and a full bath complete the first floor. Downstairs the full finished basement provides several distinct areas. Having a full bathroom in the basement makes entertaining a breeze. It can easily be used as another living area, recreation or party area. You name it, customize it to fill your needs. The laundry area is a nice functional space set apart to accommodate that task. Also, put your storage needs to rest, there is a large area provided in the unfinished portion of the basement. And if you tend to be handy, there is a workshop area where you can "make things happen". Steps from the backdoor you will find a delightful patio area to enjoy your morning coffee, as well as summertime barbecues. Gardeners please take note of the planting beds that have been built in and fenced off on the north end of the yard. If you are an experienced gardener it's a dream space, if not this could be the year you become one. The privacy fence enhances the yard and provides a great area for relaxing or entertaining. Located in a nice quiet neighborhood close to Marianos, Starbucks, the train, schools, restaurants, downtown Palatine and all it has to offer. Come give us a look!

Listing courtesy of MRED / @properties Christie's International Real Estate as distributed by MLS GRID

Last checked: Checking… • Last updated May 3, 2025 •

MLS# 12341102 —

The Building

Year Built:

1955
Rebuilt:

No
New Construction:

false
Construction Materials:

Aluminum Siding, Brick
Architectural Style:

Ranch
Basement:

Finished, Rec/Family Area, Storage Space, Full
Patio And Porch Features:

Patio
Disability Access:

No
Other Equipment:

Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
Living Area Source:

Assessor

Interior

Room Type:

Recreation Room
Rooms Total:

8
Interior Features:

Built-in Features, Granite Counters, Separate Dining Room
Fireplaces Total:

1
Fireplace Features:

Wood Burning
Fireplace Location:

Family Room
Flooring:

Hardwood

Room Dimensions

Living Area:

1464

Location

Directions:

Northwest Highway to Lincoln, North to Ashland, West to 240. The corner of Colfax and Ashland .
Location:

6136
Location:

28889

The Property

Parcel Number:

02144150180000
Property Type:

Residential
Location:

A
Lot Size Dimensions:

70 X 130
Lot Size Acres:

0.2
Zero Lot Line:

No
Rural:

N
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

8289

Beds

Bedrooms Total:

3
Bedrooms Possible:

3

Baths

Baths:

2
Full Baths:

2

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
Water Source:

Public

Appliances

Appliances:

Range, Dishwasher, Refrigerator

Schools

Elementary School:

Virginia Lake Elementary School
Elementary School District:

15
Middle Or Junior School:

Winston Campus Middle School
Middle Or Junior School District:

15
High School:

Palatine High School
High School District:

211

The Community

Community Features:

Curbs, Sidewalks, Street Lights
Association Fee Includes:

None
Association Fee Frequency:

Not Applicable
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

1
Parking Features:

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

1

Monthly cost estimate

Asking price

$399,900

Expense	Monthly cost
Mortgage	$2,141
Taxes	$690
Insurance	$109
Utilities	$159 See report
Total	$3,099/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
5/1/25 May 1, 2025	Sold Subject To Contingencies	MRED	$399,900
4/28/25 Apr 28, 2025	Listed / Active	MRED	$399,900	145.3% (10.2% / YR)
1/27/11 Jan 27, 2011		MRED	$163,000

35% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $42k over asking price.

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This house located in Fairgrounds Park, Palatine, IL 60074 is currently for sale for $399,900. 240 N Ashland Avenue is a 1,464 square foot house with 3 beds and 2 baths that has been on Estately for 23 days. 240 N Ashland Avenue is in the Fairgrounds Park neighborhood of Palatine and has a WalkScore® of 73, making it very walkable. This house is in the attendance area of Winston Campus Junior High School, Winston Campus Elementary School, and Palatine High School.

Listing courtesy of MRED, @properties Christie's International Real Estate, and Carol Lynne O'Brien 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 May 3, 2025, 08:17 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.