Active
502 N Smith Street
Palatine, IL 60067
—
2beds
0.5baths
823sqft
Anything from "is it priced right?" to "what's the catch?"
About this home
Renovated and meticulously maintained ranch home near Downtown Palatine! This home features wide-plank siding freshly painted in 2025 and other expansive renovations including mostly new electrical and mostly new plumbing (2022), new roof and HVAC (2023), basement drain tile (2024), perimeter drainage channel and sealed foundation (2023), and an extended sump pump discharge line routed more than 40 feet from the home underground (2024), new gutters and downspouts (2025), new asphalt driveway (2024, improved from dirt driveway) driveway sealed in 2025, new concrete walkway (2025), and newly built front and back porches (2025). The backyard was professionally regraded and landscaped in 2024 with select tree removal and trimming. Interior highlights include real hardwood floors in the living room and two bedrooms, tile in the kitchen and bath, granite countertops, white shaker cabinets, and stainless steel appliances. Tiny house in back yard can be used as an artist's studio or additional office space, but cannot be slept in (technically not able to be occupied, but can be used). Owner is a licensed IL Real Estate Managing Broker and licensed Community Association Manager.
MLS Description — as provided by the listing brokerage.
Location
The facts
Property typeResidential Lease
Year built1957
Age band61-70 Years
Bathrooms0 full + 1 half
Garage spaces2
Total parking4
Fireplaces0
Lot dimensions185x60
AreaPalatine
Bedrooms (total)2
First listedMay 3, 2026
CountyCook
MLS #MRD12636833
Days on market13
Photos21
Schools
ElementaryGray M Sanborn Elementary School
Middle / JuniorPalatine High School
High schoolPalatine High School
Features
Heating
Natural Gas
Cooling
Central Air
Parking
AsphaltGarage Door OpenerYesLeasedDetachedGarage
Construction
Cedar
Sewer
Public Sewer
Listed by
Compass
Barbara Lowe · 312-798-9875
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 5/15/2026, 5:24:03 PM. All data should be independently verified.
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