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Price cut: $15,001
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Detached Single · Palatine, IL
$499,999$515,000
3 beds · 3 baths · 2,105 sqft
1801 N Iris Drive, Palatine, IL, 60074
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air2-car garageIn-unit laundry
Welcome home to this beautifully updated ranch in Palatine - truly move-in ready and packed with thoughtful upgrades throughout! No detail was overlooked, from the freshly refinished hardwood floors that flow seamlessly across the main level to the brand new windows that flood the space with natural light, creating a warm, welcoming atmosphere from the moment you walk in. The stunning kitchen is the heart of the home, showcasing soft-close cabinetry, gleaming quartz countertops, and all-new stainless steel appliances, including a sleek built-in drawer microwave that keeps the space looking clean and uncluttered - perfect for everyday cooking and entertaining alike. The main level features three generously sized bedrooms and two full bathrooms, providing comfortable, flexible living space for everyone. Downstairs, the finished basement takes entertaining to the next level with a built-in bar and dedicated drink refrigerator - ideal for hosting friends or catching the game in style. A fourth bedroom and additional full bathroom in the basement offer the perfect setup for guests, in-laws, or a private home office, while a dedicated laundry area and abundant storage round out the lower level. Outside, the expansive fenced-in backyard is a true retreat - beautifully landscaped with plenty of space to relax, entertain, or let the kids and pets roam freely. The property sides a peaceful creek, offering a serene natural backdrop you'll enjoy year-round. Experience the perfect blend of comfort, style, and move-in ready convenience - come see it for yourself!
— the listing agent’s description

The home

3 beds
3 baths
2,105 sqft
Built in 1972
0.29-acre lot
2-car garage
Detached Single
Ranch

What it’ll cost

$238 / sqft
$10,286 taxes / yr
No HOA
Listed $515,000
Now $499,999
31 days on dwello

Estimated monthly payment

$3,662/mo
Principal & interest$2,659
Property taxes$857
Homeowners insurance$146
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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31 days on dwello
Price history
Price reduced
Aug 12, 2026
↓ $15,001$499,999
Listed for sale
Jul 15, 2026
$515,000
Earlier records
Listed
Jun 17, 2026
$525,000
Now $15,001 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$10,286/yr
Assessed value
2025
County assessor
$35,000~$350,000 mkt
2024
$33,000~$330,000 mkt
2023
$33,000~$330,000 mkt
2022
$33,000~$330,000 mkt
2021
$30,002~$300,020 mkt
2020
$30,001~$300,010 mkt
2019
$33,634~$336,340 mkt
2018
$30,886~$308,860 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirNatural GasForced AirBrickPublic SewerGarage Door OpenerYes

Schools

Elementary — Lincoln Elementary School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Ugne Lapinskas · Kale Realty
Listing last updated Aug 14, 2026 · data refreshed from the MLS Aug 14, 2026, 8:01 AM CT
Based on information submitted to the MLS GRID as of Aug 14, 2026, 8:01 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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