1040 E Grissom Dr, Palatine, IL 60074
Property image
Property image
SOLD
APR 14, 2026

$542,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,800 sqft

1040 E Grissom Dr, Palatine, IL 60074

Est. Refi. Payment $3,804/mo*
Refinance Your Home
Currently Off Market - Sold Apr 14, 2026 for $532,500 (1% above list price)

Home Value

Trulia Estimate
$542K
Since last month
Increased$1K (+0.2%)
Since last year
Increased$118K (+27.8%)
Since last sale
Increased$10K (+1.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +85% in the last 10 years
MonthEstimated value
2026
August 2026$543K
August 2026$543K
July 2026$542K
June 2026$539K
May 2026$537K
April 2026$534K
March 2026$534K
February 2026$425K
January 2026$432K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
927 E Cooper Dr, Palatine, IL
0.11
Single-Family Home
$400,000
02/24/26
3
2
1,248
1041 N Cardinal Dr, Palatine, IL
0.12
Single-Family Home
$525,000
05/29/26
4
2.5
1,773
1018 E Meadow Lake Dr, Palatine, IL
0.30
Single-Family Home
$455,000
09/22/25
3
2
1,600
856 E Cooper Dr, Palatine, IL
0.22
Single-Family Home
$389,000
01/21/26
3
2
1,391
1006 E Cooper Dr, Palatine, IL
0.09
Single-Family Home
$545,000
09/19/25
4
3
2,509
927 E Sayles Dr, Palatine, IL
0.29
Single-Family Home
$480,000
09/01/26
4
2
1,727
1040 E Carpenter Dr, Palatine, IL
0.08
Single-Family Home
$605,500
08/14/26
4
2.5
2,509
1133 E Sayles Dr, Palatine, IL
0.31
Single-Family Home
$364,500
11/03/25
3
2
1,600
1036 E Meadow Lake Dr, Palatine, IL
0.27
Single-Family Home
$449,000
08/28/26
3
2.5
1,550

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1006 E Cooper Dr, Palatine, IL 60074
0.09
$723,500
4
3
2,509
Off Market
1040 E Carpenter Dr, Palatine, IL 60074
0.08
$605,500
4
2.5
2,509
Recently Sold
1054 E Carpenter Dr, Palatine, IL 60074
0.08
$669,600
5
2.5
2,600
Off Market
927 E Cooper Dr, Palatine, IL 60074
0.11
$400,000
3
2
1,248
Recently Sold
1072 E Cottonwood Way, Palatine, IL 60074
0.09
$331,400
3
2
1,458
Off Market
1121 E Cooper Dr, Palatine, IL 60074
0.09
$573,500
3
2
2,509
Off Market
1075 E Cottonwood Way, Palatine, IL 60074
0.10
$320,900
3
2
1,400
Off Market
1084 E Cottonwood Way, Palatine, IL 60074
0.12
$269,200
2
2
1,172
Off Market
919 E Cooper Dr, Palatine, IL 60074
0.14
$548,000
4
2.5
1,800
Off Market
1041 N Cardinal Dr, Palatine, IL 60074
0.12
$525,000
4
2.5
1,773
Recently Sold
1090 E Cottonwood Way, Palatine, IL 60074
0.13
$323,200
3
2.5
1,458
Recently Sold

Local Information

  • Map ViewExplore the area around 1040 E Grissom Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1971
1,800 sqft
$296/sqft
2 Car Garage

About this House

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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $542,100, with a rent estimate of $2,962/month.
Last check for updates: about 2 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

Home Details for 1040 E Grissom Dr

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $525,000Price Per Sqft: $296/sqft
Status Change & Dates
Off Market Date: Sun Mar 15 2026Possession Timing: Close Of Escrow

Location

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

HOA

HOA Fee Includes: None

Listing Info

Special Conditions: List Broker Must Accompany

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12577138

Additional Information

Source Internet Entire Listing DisplayMRD Listing On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Apr 14, 2026
Source: MRED as distributed by MLS GRID #12577138
Sold
$532,500
Mar 16, 2026
Source: MRED as distributed by MLS GRID #12577138
Contingent
$525,000
Mar 10, 2026
Source: MRED as distributed by MLS GRID #12577138
Listed For Sale
$525,000
Oct 15, 2025
Source: MRED as distributed by MLS GRID #12427487
Sold
$425,000
Oct 14, 2025
Source: MRED as distributed by MLS GRID #12427487
Pending
$424,900

Market trends in Palatine

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$393K
$20.33KMoM
Sale-to-List Price
100.7%
Price per sq ft
$246
$0MoM
Available listings
197
23MoM

Around this home

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.
  • Abs2220
    "You’d need to have a vehicle in order to get to all forms of public transportation! A quick drive to get there but certainly not walkable! "
    0
    Flag
  • Kasey Egle
    "You definitely need a car to get around to most places. Some places are walkable but it is much easier to get around with a car. My commute to the city Chicago is always great and convenient using the local Palatine Metra Station."
    3
    Flag
  • Luke Fischer
    "Soccer games and walking in the park. Pickle ball under the lights. Green lawns and flowers. Downtown festivals and parades. "
    0
    Flag
  • Schaedig5
    "Lots of dogs in the neighborhood. People keep them on leashes and are always walking the sidewalks. "
    0
    Flag
  • 4h8zhsv4r2
    "Friendly neighbors and easy access to so many outdoor activities and walking paths. Golf restaurants and bars all around "
    0
    Flag
  • June Holmstrom
    "Block party, outdoor concerts, holiday parades, friendly neighbors, close to everything, excellent walkability."
    0
    Flag
  • Michael Anzalone
    "Like the forest preserve trails to walk their dog . There are a few places Togo . Also there is a mini dog Park "
    0
    Flag
  • Maryjean79
    "Lots of dog owners here and many walking paths. Most dog owners are thoughtful of other neighbors when walking their dogs "
    0
    Flag
  • Elizabeth Strong
    "Palatine has a great mix of affordable housing, including apartments, townhouses, and single-family homes. With plenty of stores, access to the highway, and multiple large forest preserves, it’s a great mix of green space and accessibility. I think our library is top-tier and there are plenty of free community activities for kids and adults. "
    0
    Flag
  • Susan S.
    "Winding streets, friendly neighbors, great schools, neighborhood Easter egg hunts , sleigh rides, and block parties! We have lived here for 25 years "
    0
    Flag
  • Everferreyra
    "Friendly family community makes it a great living place. Trails and forest preserves around the area make it a plus"
    0
    Flag
  • Kaseyegle
    "The Palatine Jaycees Festival during the 4th of July Weekend, Palatine Oktoberfest, and Town Square events. Downtown Palatine also has so many restaurants and things to enjoy."
    1
    Flag
  • Elizabeth Strong
    "Lots of people are out walking their dogs. I see people using leashes and the dogs look well-behaved"
    0
    Flag
  • Schaedig5
    "We’ve been living here for over 10 years and love that everything is so close. Safe community with great neighbors. "
    0
    Flag
  • Julia Eltringham
    "Very drivable and public transportation is available, if needed. I drive about twenty minutes to get to work"
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for 7 months and it's quite peaceful and quiet out here and it's got good proximity to marketplaces like Walmart, gas stations, schools. "
    0
    Flag
  • Jairo M.
    "Depending on where you live you may be limited to the dog. But Dog’s are welcomed and you must look after them. And The city requires you to register your dogs with a small fee. "
    8
    Flag
  • Robards3314
    "There are a lot of parks. Many people have dogs, and you se dogs around everywhere. Our neighborhood is definitely dog friendly."
    5
    Flag
  • Unjomm
    "Fireworks! Carnival! Bike show! Fresh food farm market! Easter Egg Hunting at local churches!!! Petting zoo at churches is fun! Flea market is fun too!!!!!! "
    2
    Flag
  • Unjomm
    "4th of july fireworks at the palatine park district! Carnivals for children!!! Farmer market! Bike show"
    1
    Flag
  • Haley H.
    "Everyone has dogs and everyone is friendly and says hi to each other when passing. Sjshshdjdksb sjskcksjah "
    0
    Flag
  • Laismamao
    "I see people walking their dogs all the time and dogs seem welcome in the neighborhood. There are parks around too "
    0
    Flag
  • Agjames
    "I lived here for two years. No problems at all. Decent people and Very diverse. I always felt safe no matter what time of the day. "
    0
    Flag
  • Haley H.
    "There is a farmers market on Saturday mornings and street fest in August with bands and Oktoberfest in September"
    1
    Flag
  • Jacob P.
    "Very safe, friendly families, close to main transportation and excellent schools. Highly recommend this community "
    0
    Flag
  • Patrycefenty
    "I drive my car, there are no buses around. the train station is about 15 minutes from me. There are Also no sidewalks to walk along, but there is a forest preserve near by. "
    1
    Flag
  • Rita D.
    "Everyone is friendly. Great place to raise children. There are a lot things to do in Palatine. Great parks for children and downtown Palatine is beautiful."
    0
    Flag
  • Rita D.
    "I’ve lived in Palatine for 20 years and feel safe. The neighbors are friendly and helpful and an all in all great neighborhood and great area to raise your children."
    0
    Flag
  • Tattoonams
    "I love palatine. It’s a great place to live close to train stations buses and most major stores and banks. As well as easy access to highways "
    0
    Flag
  • Rosaura8
    "Friendly and convenient and have lived here 20 years. Close proximity to major highways and stores. Close to my employer office."
    0
    Flag
  • Bacik_20
    "Taxes are outrageous, people aren’t friendly, weather is garbage, hopefully moving soon! Too many people live here as well. "
    9
    Flag
  • Rita C.
    "I think Palatine is unique in a way because it has a nice neighborhood feel to it. even walking down the street people say hi when they walk by. its cozy and comfortable and everyone is friendly. I love living here."
    0
    Flag
  • Kavita
    "This is very peaceful neighborhood with all easy approach stores parks restaurants and well maintained surroundings "
    0
    Flag
  • Gypsylee B.
    "There are plenty of things. There are neighborhood festivals. There are plenty of family owned restaurants too."
    0
    Flag
  • Kat S.
    "Don’t know public transport. Traffic sucks because of all the IL and US major roads which means they’re terribly plowed because they’re controlled my IDOT. Couple of intersections have frequent accidents. "
    2
    Flag
  • Vinodan_4
    "Schools are decent. I work nearby so commute is easy. traffic does not get too congested. In all good quiet place. "
    0
    Flag
  • Matthew H.
    "Great area to raise a family. It has always feels like Hometown, USA. I would recommend to anyone moving in the area."
    0
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  • Rupali M.
    "No interaction with neighbors and no social interaction within the society, specially the Parkside where we live."
    0
    Flag
  • Anthony P.
    "There are many families that live in the surrounding condominiuns. There are always people walking their dogs and going to the nearby "dog park" (converted tennis court)."
    0
    Flag
  • Michael K. C.
    "I drive to Waukegan every day and it’s pretty congested most days, I get stuck in traffic almost every day "
    0
    Flag

LGBTQ Local Legal Protections

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

Frequently asked questions about 1040 E Grissom Dr

  • What is 1040 E Grissom Dr estimated to be worth?
    Trulia's estimated value for 1040 E Grissom Dr in Palatine, IL is $542,100.
  • What is the price history for 1040 E Grissom Dr?
    1040 E Grissom Dr in Palatine, IL last sold for $532,500 in April 2026.
  • Is Palatine a buyer's or seller's market?
    Palatine is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Palatine?
    The median sale price in Palatine is $393K. That is up $20.33K from the prior month.
  • Does 1040 E Grissom Dr have air conditioning?
    Yes, 1040 E Grissom Dr in Palatine, IL has air conditioning.
  • Does 1040 E Grissom Dr have laundry facilities?
    Yes, 1040 E Grissom Dr in Palatine, IL has in-unit laundry.

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