Each office Independently owned and operated.
1808 N. Arlington Heights Road Arlington Heights, IL 60004 remaxsuburban.com
GREG OLSON
DOWNTOWN PALATINE’S
CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com
FINEST CONDOS & TOWNHOMES www.DowntownPalatineHomes.com
Living, Loving, and Promoting Our Community’s Value Since 2004 Published by Real Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2021
Visit DowntownPalatineHomes.com for community info, listings, and recent sales.
SEPTEMBER 2021 REAL ESTATE MARKET REPORT
YOUR HOME IS WORTH MORE NOW THAN EVER BEFORE! Home values are at an all-time high. Supply is finally increasing as more homeowners look to take advantage of rising prices and the incredibly hot market. With a bump in competition, what does this mean for the tail end of 2021? • More homeowners are looking to cash in on the increase in equity, and builders are catching up on projects, boosting prospective buyers’ power. • Prices are unlikely to recede after a significant spike; yet, buyer activity typically cools later in the year. • Interest rates are beginning to rise for the first time in over a year. This creates a shift in buying power, though rates should remain historically low. T A K E A D V A N T A G E O F T H I S U N I Q U E M A R K E T:
NOW IS THE TIME TO SELL! This is the perfect time to capitalize on your investment and increased equity before the market shifts. More than ever, you need a Realtor who knows your Downtown Palatine market and can price your home effectively.
Downtown Palatine Homeowner, Have you thought about selling your home? Let my expert marketing and negotiation skills go to work for you; don’t miss this opportunity! Call me at 847.977.7024 to get started today.
PRESENTED BY GREG OLSON
YO U R D O W N TO W N PA L AT I N E N E I G H B O R AND REAL ESTATE SPECIALIST PREPARED ESPECIALLY FOR Downtown Palatine Homeowner
GREG OLSON
"Greg is the best real estate professional! He is honest, professional, and knowledgeable. He is quick in his responses and gives the best advice. Greg helped us to buy and sell our property and made it possible to do so remotely while we were in another state."
CPA | SFR | Managing Broker
847.977.7024
GregOlsonRealEstate@gmail.com
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES REAL ESTATE MARKET REPORT The Benchmark • The Brownstones • The Groves of Palatine • Palatine Station • The Preserve • Stratford Downtown
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES CURRENTLY LISTED Status
Subdivision
Street Name
Type
Beds
Baths
Estimated Square Feet*
List Price
Active
Benchmark
W Johnson Street
Active
Benchmark
W Johnson Street
Condo
1
1.1
1,200
$195,000
Condo
1
1.1
1,200
$229,900
Active
The Preserve
Active
The Preserve
W Wood Street
Condo
1
1.0
N/A
$225,000
W Wood Street
Condo
2
2.0
N/A
Active
$285,000
The Preserve
W Wood Street
Condo
2
2.0
1,400
$290,000
Active
The Preserve
W Wood Street
Condo
2
2.0
1,600
$335,000
Active
The Preserve
W Wood Street
Condo
2
2.0
1,800
$359,900
Active
The Preserve
W Wood Street
Condo
2
2.0
1,800
$429,900
PENDING IN JUST 2 WEEKS!
EXPERIENCE EXCEPTIONAL RESULTS WITH GREG Your Downtown Palatine Real Estate Expert 476 W Wood Street Unit 4 2 Bedrooms, 2.1 Bathrooms Offered at $350,000
Downtown Palatine Homeowner, With interest rates remaining low and home prices increasing at a healthy pace, homes in Downtown Palatine are in high demand. Your real estate opportunity is here! If you or someone you know is considering buying or selling, call me today at 847.977.7024.
There are 5 homes currently pending in Downtown Palatine. For more information, call me today at 847.977.7024.
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES RECENTLY SOLD Status
Subdivision
Address
Type
Sold
Benchmark
133 W Palatine Road #106A
Sold
Benchmark
Sold
Benchmark
Sold
The Messina-Wallace Team is committed to providing you the highest quality financial solution that is specifically tailored to meet your financial needs. Whether you are purchasing the home of your dreams, or refinancing an outstanding loan, we can help you find the right program.
PRODUCTS OFFERED: Conventional, FHA, VA, Jumbo, USDA and IHDA
Beds
Baths
Estimated Square Feet
List Price
Sold Price
Sold Date
Condo
2
2.0
1,500
$309,900
$309,900
08/10/21
133 W Palatine Road #109A
Condo
1
1.1
900
$205,000
$202,500
06/16/21
132 W Johnson Street #306
Condo
2
2.0
1,400
$254,900
$250,000
06/14/21
Benchmark
132 W Johnson Street #503
Condo
2
2.0
N/A
$279,600
$271,000
06/09/21
Sold
The Groves Of Palatine
336 W Wood Street
Townhouse
3
3.1
2,100
$345,000
$340,000
06/30/21
Sold
Palatine Station
126 N Rose Street
Condo
1
1.0
1,300
$218,900
$212,000
06/10/21
C: 847.951.1697
Sold
Palatine Station
261 W Wood Street
Townhouse
2
2.1
2,200
$355,000
$350,000
06/10/21
pmessina@myccmortgage.com
Sold
The Preserve
435 W Wood Street #308
Condo
2
2.0
1,700
$350,000
$345,000
08/03/21
C: 708.525.5953
Sold
The Preserve
435 W Wood Street #210A
Condo
2
2.1
1,700
$349,900
$343,000
07/13/21
Chris.Wallace@myccmortgage.com
Sold
The Preserve
455 W Wood Street #506
Condo
2
2.0
1,400
$335,000
$335,000
06/30/21
Sold
The Stratford Of Palatine
190 W Johnson Street #206
Condo
2
2.0
1,600
$319,900
$315,500
08/05/21
Sold
The Stratford Of Palatine
190 W Johnson Street #504
Condo
2
2.0
1,400
$295,000
$285,000
06/24/21
Sold
The Stratford Of Palatine
190 W Johnson Street #502
Condo
2
2.0
1,600
$308,000
$296,500
06/15/21
Sold
Wilson Street Homes
228 W Wilson Street #D
Townhouse
3
2.1
1,800
$285,000
$270,000
07/28/21
Greg Olson and RE/MAX Suburban are not in any way affiliated with Downtown Palatine Owners Association, nor is this in any way an official advertisement or publication of Downtown Palatine. ©2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS for June 9th, 2021 to August 18th, 2021. Listings and sales may not be those of RE/MAX Suburban. MRED MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded down to nearest hundred. Call today for full details.
Purchase or Refinance
Pasquale Pete Messina NMLS: 227000
Chris Wallace NMLS: 224090
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