523 E Colfax St
Palatine, IL 60074
- 2 Beds
- 1 Bath
- 1,064 sqft
2 Beds
1 Bath
1,064 sqft
Local Information
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Description
Welcome to this sunny and inviting 2-bedroom, 1-bath ranch, nestled in the heart of Palatine's beloved Arthur T. McIntosh & Co.'s Fair Grounds Park-a quiet, tree-lined neighborhood steeped in history and community charm. This beautifully maintained home offers the ease of single-level living, combining timeless character with smart, modern updates. Step inside to discover a freshly painted interior, a bright and open layout, and gleaming hardwood floors throughout the living room and bedrooms. The eat-in kitchen features luxury vinyl flooring, stainless steel appliances-including a Kenmore refrigerator, Maytag dishwasher, General Electric Gas Range, and LG front-loading washer and dryer-and a high-end Delta touch-sensor faucet for added convenience. Enjoy outdoor living in the spacious, fully fenced backyard-perfect for entertaining, gardening, or relaxing in privacy. A 1.5-car detached garage offers additional storage and parking flexibility. The large lot also provides room for future expansion. Whether you're a first-time homebuyer, downsizing, or seeking a smart investment, this property offers rare value in one of Palatine's most desirable and walkable neighborhoods-just minutes from parks, shopping, dining, and transportation. Key Features: 2 Bedrooms, 1 Full Bath Stainless Steel Appliances: Kenmore Refrigerator, Maytag Dishwasher, LG Washer & Dryer Delta Touch-Sensor Kitchen Faucet Hardwood Floors in Bedrooms & Living Room Luxury Vinyl Flooring in Kitchen Freshly Painted Interior 1.5-Car Detached
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from July 17, 2025
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 523 E Colfax St
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MLS Status: Closed |
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Interior Details Basement: NoneNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1064 Square Feet |
Appliances & Utilities Laundry: Main Level,Gas Dryer Hookup,In Unit,In Kitchen |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No 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 Roof: AsphaltPatio / Porch: PatioFencing: Fenced, WoodFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 1.5Number of Covered Spaces: 1.5Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 5.5Parking: Asphalt,Garage Door Opener,On Site,Garage Owned,Detached,Driveway,Owned,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1956 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: BrickNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 02144000410000Model Home Type: RANCH |
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Price List Price: $325,000 |
Status Change & Dates Off Market Date: Sun May 18 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Palatine |
School Information Elementary School: Virginia Lake 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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Buyer Agent Buyer Company Name: Helen Oliveri Real Estate |
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Building Details Builder Model: RANCH |
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HOA Fee Includes: None |
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Lot Area: 9801 sqft |
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Special Conditions: None |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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Mls Number: 12362364Activation Date: Fri May 16 2025 |
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Source Internet Consumer CommentSource Internet Automated Valuation DisplayMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes |
Last check for updates: about 6 hours ago
Listed by Karen Pawlak, (847) 392-1855
Baird & Warner
Bought with: Helen Oliveri, Helen Oliveri Real Estate
Source: MRED as distributed by MLS GRID, MLS#12362364

Price History for 523 E Colfax St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/15/2025 | $325,000 | Sold | MRED as distributed by MLS GRID #12362364 |
| 07/12/2025 | $325,000 | Pending | MRED as distributed by MLS GRID #12362364 |
| 05/19/2025 | $325,000 | Contingent | MRED as distributed by MLS GRID #12362364 |
| 05/16/2025 | $325,000 | Listed For Sale | MRED as distributed by MLS GRID #12362364 |
| 06/15/2020 | $181,800 | Sold | MRED as distributed by MLS GRID #10704497 |
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 | 2014 |
|---|---|
| Tax | $4,350 |
| Assessment | $16,901 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$2,230/mo
Nearby homes
Assigned Schools
These are the assigned schools for 523 E Colfax St.
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 there are sidewalks
79 % Say parking is easy
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
62 % 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.
LGBTQ Local Legal Protections
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Homes for sale near 523 E Colfax St
Off Market Homes Near 523 E Colfax St

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
523 E Colfax St, Palatine, IL 60074 is a 2 bedroom, 1 bathroom, 1,064 sqft single-family home built in 1956. This property is not currently available for sale. 523 E Colfax St was last sold on Jul 15, 2025 for $325,000 (0% higher than the asking price of $325,000). The current Trulia Estimate for 523 E Colfax St is $340,100.

