240 E Parallel St, Palatine, IL 60067
Property image
Property image
OFF MARKET

240 E Parallel St
Palatine, IL 60067

  • 4 Beds
  • 3.5 Baths
  • 1,715 sqft

$432,100

Trulia Estimate
as of Aug 20, 2026

$432,100

Trulia Estimate
as of Aug 20, 2026
  • 4 Beds
  • 3.5 Baths
  • 1,715 sqft

Home Highlights

Property Type
Townhouse
Living Area
1,715 sqft
Price/Sqft
$252
Parking
Attached Garage

Local Information

  • Map ViewExplore the area around 240 E Parallel St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Lease start date is September 1st.

Don't miss out on this very bright and airy townhouse. This perfectly situated end-unit sits in Maple Grove, a quiet cul de sac. The kitchen is perfect for those who love to cook with new cabinets, black stainless-steel LG appliances, granite countertops, under-cabinet lighting, separate wine fridge and new fixtures. Three upstairs bedrooms, all with vaulted ceilings and great closet space. Master includes wifi connected ceiling fan with remote and a huge walk-in closet with custom racks. Both full bathrooms on the upper level feature modern designs with new tile, flooring, cabinets, granite countertops, fixtures and lighting, including skylights providing tons of natural light. Cozy up in front of a modern fireplace or enjoy summers on the rear balcony. Main level also has a bedroom/den that has its own bathroom. Smart thermostat and video doorbell installed. Full-sized washer/dryer in unit. Two car attached garage with smart door opener, 240v/30a level 2 car charging receptacle and lots of cabinets for storage. Walking distance to downtown Palatine and train station, and only 2 blocks away from the community park and family aquatic center.

Minimum 9-month lease required. No smoking in unit. Pets allowed w/ deposit. Tenant is responsible for all utilities, renters insurance, and regular interior home maintenance. HOA will be responsible for lawn care and snow removal. Security deposit due at signing; first move rent due at move-in. Available September 1st. Background and credit check required. 680+ credit score and 3x income required.
240 E Parallel St, Palatine, IL 60067 is a 4 bedroom, 4 bathroom, 1,715 sqft townhouse. It last sold for $261,000 on Oct 28, 2020 (8,600% above the $3,000 asking price). More recently, it was listed as a rental in July 2025 with an asking price of $3,300 per month. That rental listing was removed on August 3, 2025. It is currently off market. The Trulia Estimate is $432,100, with a rent estimate of $3,130/month.

Home Details for 240 E Parallel St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerWasher

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Attached Off Street, On Site

Comparable Sales for 240 E Parallel St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
241 E Parallel St #1A, Palatine, IL
0.03
Townhouse
$370,000
05/15/26
4
3.5
1,715 sqft
219 E Parallel St, Palatine, IL
0.04
Townhouse
$340,000
09/05/25
3
3.5
1,715 sqft
204 E Parallel St, Palatine, IL
0.05
Townhouse
$340,500
09/12/25
3
3
1,534 sqft
238 N Village Ct, Palatine, IL
0.66
Townhouse
$435,000
10/07/25
3
2.5
2,000 sqft
243 W Wood St #68B, Palatine, IL
0.75
Townhouse
$425,000
09/23/25
3
3.5
1,820 sqft
240 N Brockway St, Palatine, IL
0.66
Townhouse
$485,000
06/10/26
3
2.5
2,150 sqft
227 W Wood St #76C, Palatine, IL
0.75
Townhouse
$440,000
01/26/26
3
2.5
2,000 sqft
244 N Village Ct, Palatine, IL
0.66
Townhouse
$435,000
07/17/26
2
2.5
1,955 sqft
125 N Rose St #45B, Palatine, IL
0.75
Townhouse
$440,000
02/23/26
2
3
1,950 sqft
158 N Rose St, Palatine, IL
0.75
Townhouse
$472,500
07/31/26
2
2.5
1,795 sqft

Nearby homes

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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.
  • 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."
    2
    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
    Flag
  • 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
  • Maryjean79
    "I commute to another suburb. 20 minute drive. Close to major highways. You can take commuter train to downtown Chicago. "
    1
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Aug 3, 2025
Source: Zillow Rentals
ListingRemoved
$3,000
Jul 24, 2025
Source: Zillow Rentals
PriceChange
$3,000
Price decreased by 6%
Jul 21, 2025
Source: Zillow Rentals
PriceChange
$3,200
Price decreased by 3%
Jul 15, 2025
Source: Zillow Rentals
Listed For Rent
$3,300
May 20, 2024
Source: Zillow Rentals
ListingRemoved

Frequently asked questions about 240 E Parallel St

  • What is 240 E Parallel St estimated to be worth?
    Trulia's estimated value for 240 E Parallel St in Palatine, IL is $432,100.
  • What is the price history for 240 E Parallel St?
    240 E Parallel St in Palatine, IL last sold for $261,000 in October 2020.
  • 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 $370K. That is up $29.17K from the prior month.
  • Does 240 E Parallel St have air conditioning?
    Yes, 240 E Parallel St in Palatine, IL has air conditioning.
  • Does 240 E Parallel St have laundry facilities?
    Yes, 240 E Parallel St in Palatine, IL has in-unit laundry.

Homes for rent near 240 E Parallel St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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