1040 E Grissom Dr
Palatine, IL 60074
- 3 Beds
- 2 Baths
- 1,800 sqft
$532,500
Last Sold: Apr 14, 2026
1% over list $525K
$296/sqft
Est. Refi. Payment $3,634/mo*
$532,500
Last Sold: Apr 14, 2026
1% over list $525K
$296/sqft
Est. Refi. Payment $3,634/mo*
3 Beds
2 Baths
1,800 sqft
Local Information
-- mins to
Description
Ideally located in the Virginia Lake subdivision of Palatine, this expansive all brick Ranch is waiting for you and your family to enjoy 1800SF (appx) of living space. As you enter the foyer, you'll be stepping into the family room and kitchen (both recently gutted). You'll immediately notice the new kitchen upgrades with custom cabinetry, granite counters, island, stainless steel appliances, recessed lights, gorgeous wood flooring, 2 skylights, and tons of natural light! Spacious family room features a striking stone fireplace, sliding doors overlooking the huge outdoor patio, beautiful wood floors, and new recessed lighting. Adjacent to the kitchen is the dining and living room areas with hardwood floors throughout. This floorplan is perfect for casual or formal gatherings, dinners, and entertaining!! The 3 bedrooms are all generous sizes with great closet space. The primary bedroom includes a full bath with a walk-in closet! Main level laundry room, so no lugging of clothes up and down stairs! Very spacious lower level with all kinds of possibilities and expansion ideas. Walls are finished and recently painted, upgraded elec panel box, plus additional storage and utility rooms, and separate crawl space. NOTE: Additional home generator also included!!! 2 car attached garage with more storage. Large backyard waiting for your ideas. *Lot SF 12,452. *** Close to Schools, Sycamore Park, Palatine Bike trails, Shops, etc. You're only minutes from Route 53 for easy commutes!!
1040 E Grissom Dr, Palatine, IL 60074 is a 3 bedroom, 2 bathroom, 1,800 sqft single-family home built in 1971. It last sold for $532,500 on Apr 14, 2026 (1% above the $525,000 asking price). It is currently off market. The Trulia Estimate is $540,100, with a rent estimate of $3,047/month.
Home Highlights
Parking
2 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$296/sqft
Listed
121 days ago
Home Details for 1040 E Grissom Dr
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MLS Status: Closed |
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Interior Details Basement: Partially Finished,Crawl Space,Storage Space,FullNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Recreation Room, Storage, Utility Room Lower Level, Walk In Closet |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1800 Square Feet |
Appliances & Utilities Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)DishwasherDryerLaundry: Main Level,Gas Dryer Hookup,SinkRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas Starter, Family RoomHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 1Accessibility: No Disability AccessFloors: Hardwood |
View No View |
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Exterior Home Features Patio / Porch: Patio |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Garage Door Opener,Yes,Attached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1971 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: BrickNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 02123070030000 |
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Price List Price: $525,000Price Per Sqft: $296/sqft |
Status Change & Dates Off Market Date: Sun Mar 15 2026Possession Timing: Close Of Escrow |
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Direction & Address City: Palatine |
School Information Elementary School: Jane Addams Elementary SchoolElementary School District: 15Jr High / Middle School: Winston Campus Middle SchoolJr High / Middle School District: 15High School: Palatine High SchoolHigh School District: 211 |
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HOA Fee Includes: None |
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Special Conditions: List Broker Must Accompany |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12577138 |
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Source Internet Entire Listing DisplayMRD Listing On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address Display |
Last check for updates: about 4 hours ago
Listed by Bernadette LaRocco, (773) 631-8300
Coldwell Banker Realty
Bought with: Kevin Herbon, (847) 732-5788, Redfin Corporation
Source: MRED as distributed by MLS GRID, MLS#12577138

Price History for 1040 E Grissom Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 04/14/2026 | $532,500 | Sold | MRED as distributed by MLS GRID #12577138 |
| 03/16/2026 | $525,000 | Contingent | MRED as distributed by MLS GRID #12577138 |
| 03/10/2026 | $525,000 | Listed For Sale | MRED as distributed by MLS GRID #12577138 |
| 10/15/2025 | $425,000 | Sold | MRED as distributed by MLS GRID #12427487 |
| 10/14/2025 | $424,900 | Pending | MRED as distributed by MLS GRID #12427487 |
| 09/05/2025 | $424,900 | Contingent | MRED as distributed by MLS GRID #12427487 |
| 09/03/2025 | $424,900 | Listed For Sale | MRED as distributed by MLS GRID #12427487 |
| 05/27/1998 | $271,000 | Sold | N/A |
Market trends in Palatine
Last updated May 2026
Avg. sale price
$304K
$750MoM
Sale-to-List Price
99.4%
0.6%MoM
Price per sq ft
$229
$8MoM
Available listings
180
8MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | |
| Assessment | $302,780 |
Home facts updated by county records
Comparable Sales for 1040 E Grissom Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $400,000 | 02/24/26 | 3 | 2 | 1,248 | |
0.12 | Single-Family Home | $525,000 | 05/29/26 | 4 | 2.5 | 1,773 | |
0.14 | Single-Family Home | $520,000 | 08/11/25 | 4 | 2.5 | 1,800 | |
0.30 | Single-Family Home | $455,000 | 09/22/25 | 3 | 2 | 1,600 | |
0.22 | Single-Family Home | $389,000 | 01/21/26 | 3 | 2 | 1,391 | |
0.28 | Single-Family Home | $437,000 | 07/17/25 | 3 | 2 | 1,479 | |
0.09 | Single-Family Home | $545,000 | 09/19/25 | 4 | 3 | 2,509 | |
0.31 | Single-Family Home | $364,500 | 11/03/25 | 3 | 2 | 1,600 | |
0.40 | Single-Family Home | $415,000 | 07/23/25 | 3 | 2 | 1,698 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1040 E Grissom Dr.
What Locals Say about Palatine
At least 542 Trulia users voted on each feature.
91 % Say it's dog friendly
84 % Say car is needed
79 % Say parking is easy
78 % Say there are sidewalks
74 % Say there's holiday spirit
73 % Say kids play outside
68 % Say it's quiet
67 % Say people would walk alone at night
63 % Say there's wildlife
63 % Say streets are well-lit
61 % Say yards are well-kept
57 % Say it's walkable to restaurants
57 % Say it's walkable to grocery stores
52 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

