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516 N Wilke Road Unit 201

Palatine, IL 60074

2 beds
2 baths
1,100 sqft
$205 per sqft
1970 build
– on site

Lake Louise Condominiums bright and spacious 2nd floor corner unit with 2 bedrooms and 2 full baths. Plenty of storage space. Large living room with a big sliding door leading to a balcony. Nice size kitchen with stainless steel appliances. Separate dining room. Master bedroom suite has a large closet, private full bath and a laundry room. Oversized 2nd bedroom. Bonus room can be used for storage or even a small office. This property shares a private hallway with only one other condo. 100+ yards from Lake Louise elementary school. Across the street from Wilke Marsh Nature Preserve with plenty of walking/bike trails. A wildlife watcher's paradise. Close to Palatine and Arlington Heights downtown areas. Easy access to IL-53.

Listing courtesy of MRED / arhome realty as distributed by MLS GRID

Last checked: Checking… • Last updated Apr 22, 2024 •

MLS# 12032343 —

The Building

Year Built:

1970
Rebuilt:

No
New Construction:

false
Basement:

None
Disability Access:

No
Stories Total:

2
Living Area Source:

Landlord/Tenant/Seller

Interior

Rooms Total:

5
Room Type:

Storage
Laundry Features:

In Unit

Room Dimensions

Living Area:

1100

Location

Directions:

Palatine Rd. to Winston Dr., North to Palatine Frontage Rd., East to N. Wilke Rd, North to the property
Location:

14316
Location:

27005

The Property

Parcel Number:

02132020051115
Property Type:

Residential
Location:

A
Lot Size Dimensions:

COMMON
Lot Size Source:

Owner
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

3969.83

Beds

Bedrooms Total:

2
Bedrooms Possible:

2

Baths

Baths:

2
Full Baths:

2

The Listing

Virtual Tour Unbranded:

Virtual Tour
Special Listing Conditions:

None
Buyer's Brokerage Compensation Type:

% of Net Sale Price
Buyer's Brokerage Compensation:

2.5% -$495

Heating & Cooling

Heating:

Natural Gas, Forced Air
Cooling:

Window/Wall Units - 3+

Utilities

Sewer:

Public Sewer
Electric:

Circuit Breakers
Water Source:

Lake Michigan

Appliances

Appliances:

Range, Microwave, Dishwasher, Refrigerator

Schools

Elementary School:

Lake Louise Elementary School
Elementary School District:

15
Middle Or Junior School:

Winston Campus-Elementary
Middle Or Junior School District:

15
High School:

Palatine High School
High School District:

211

The Community

Subdivision Name:

Lake Louise
Pets Allowed:

Cats OK, Dogs OK
Association Amenities:

Exercise Room, Park, Pool
Association Fee:

373
Association Fee Includes:

Heat, Water, Gas, Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee Frequency:

Monthly
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

2
Parking Onsite:

Yes
Parking Ownership:

N/A

Monthly cost estimate

Asking price

$226,000

Expense	Monthly cost
Mortgage	$1,210
Taxes	$330
Insurance	$62
HOA fees	$373
Utilities	$118 See report
Total	$2,093/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
4/22/24 Apr 22, 2024	Sold Subject To Contingencies	MRED	$226,000
4/17/24 Apr 17, 2024	Listed / Active	MRED	$226,000

43% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $10k above asking price on average, but some went as high as $36k over asking price.

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This condo located in Heatherstone, Palatine, IL 60074 is currently for sale for $226,000. 516 N Wilke Road Unit 201 is a 1,100 square foot condo with 2 beds and 2 baths that has been on Estately for 13 days. 516 N Wilke Road Unit 201 is in the Heatherstone neighborhood of Palatine and has a WalkScore® of 22, making it car-dependent. This condo is in the attendance area of Lake Louise Elementary School, Winston Campus Junior High School, and Palatine High School.

Listing courtesy of MRED, arhome realty, and Peter Warzecha 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.
© 2024 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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

Based on information submitted to MLS GRID as of Apr 22, 2024, 06:38 pm. 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.