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  3. Palatine, IL
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  5. Knollwood
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Knollwood

1022 Knollwood Drive, Palatine, IL, 60067
Knollwood

YEAR BUILT

1984

# STORIES

2

# TOTAL UNITS

1

UNIT SIZE RANGE

1,105-1,205 sqft

Description

Knollwood, located at 1022 Knollwood Drive, is a charming two-story building established in 1984. The structure hosts a variety of condo units, designed to provide comfort and functionality without compromising on style. Constructed with durable materials that have stood the test of time, this residential building offers a blend of traditional design elements and modern conveniences. The amenities include a community clubhouse and ample parking spaces, ensuring convenience for residents. While it is not located directly on a waterfront, the property is surrounded by meticulously landscaped grounds, offering a serene and green environment perfect for relaxation and outdoor activities. Knollwood is ideally situated in a well-established area with access to a diverse range of local amenities. Within a short drive, residents can find shopping centers, dining establishments, and entertainment options, ensuring all necessities are within reach. The location also provides access to public transportation and major roadways, making commuting simple and efficient. This strategic positioning enhances the overall appeal of Knollwood, making it an ideal choice for those seeking a balance between suburban tranquility and urban accessibility.

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Building Image

Knollwood

1022 Knollwood Drive, Palatine, IL, 60067


Knollwood

YEAR BUILT

1984

# STORIES

2

# TOTAL UNITS

1

UNIT SIZE RANGE

1,105-1,205 sqft

Description

Knollwood, located at 1022 Knollwood Drive, is a charming two-story building established in 1984. The structure hosts a variety of condo units, designed to provide comfort and functionality without compromising on style. Constructed with durable materials that have stood the test of time, this residential building offers a blend of traditional design elements and modern conveniences. The amenities include a community clubhouse and ample parking spaces, ensuring convenience for residents. While it is not located directly on a waterfront, the property is surrounded by meticulously landscaped grounds, offering a serene and green environment perfect for relaxation and outdoor activities. Knollwood is ideally situated in a well-established area with access to a diverse range of local amenities. Within a short drive, residents can find shopping centers, dining establishments, and entertainment options, ensuring all necessities are within reach. The location also provides access to public transportation and major roadways, making commuting simple and efficient. This strategic positioning enhances the overall appeal of Knollwood, making it an ideal choice for those seeking a balance between suburban tranquility and urban accessibility.

Next

Description

Knollwood, located at 1022 Knollwood Drive, is a charming two-story building established in 1984. The structure hosts a variety of condo units, designed to provide comfort and functionality without compromising on style. Constructed with durable materials that have stood the test of time, this residential building offers a blend of traditional design elements and modern conveniences. The amenities include a community clubhouse and ample parking spaces, ensuring convenience for residents. While it is not located directly on a waterfront, the property is surrounded by meticulously landscaped grounds, offering a serene and green environment perfect for relaxation and outdoor activities. Knollwood is ideally situated in a well-established area with access to a diverse range of local amenities. Within a short drive, residents can find shopping centers, dining establishments, and entertainment options, ensuring all necessities are within reach. The location also provides access to public transportation and major roadways, making commuting simple and efficient. This strategic positioning enhances the overall appeal of Knollwood, making it an ideal choice for those seeking a balance between suburban tranquility and urban accessibility.

Knollwood Key Stats Last 12 months

Avg. Listed Price$295,000($256/Sqft.)

Avg. Sale Price$287,500($249/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market49 days

Average HOA fees per sqft$4 /monthly
Next

Key Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market49 days

Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Knollwood Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit -115522492025-11-03
MLS#: 12471852
Closed$287,500
Unit -115522862020-04-03
MLS#: 10605574
Closed$178,500
Unit -1155221632010-03-05
MLS#: 07332189
Closed$178,000
Unit
-

2 Beds

2 Baths

1155 sqft


DateStatusPrice
2025-11-03Closed$287,500
MLS#: 12471852
Days On Market49
Unit
-

2 Beds

2 Baths

1155 sqft


DateStatusPrice
2020-04-03Closed$178,500
MLS#: 10605574
Days On Market86
Unit
-

2 Beds

2 Baths

1155 sqft


DateStatusPrice
2010-03-05Closed$178,000
MLS#: 07332189
Days On Market163
View Complete Unit Listing HistorySource By: MRED

Amenities

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Pool

Pool

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Policies

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
No nearby building(s) data available.

Nearby Schools

Knollwood is located near 9+ schools throughout Palatine. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Walter R Sundling Jr High School

D+
Public|Grades 7–8
1100 N Smith St|0.98 miles away

Marion Jordan Elementary School

B-
Public|Grades KG–6
100 N Harrison Ave|1.33 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.56 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.56 miles away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|1.61 miles away

Lincoln Elementary School

C-
Public|Grades KG–6
1021 N Ridgewood L...|1.67 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

Knollwood is located near 9+ schools throughout Palatine. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Walter R Sundling Jr High School

D+
Public|Grades 7–8
1100 N Smith St|Less than 1 Mile Away

Marion Jordan Elementary School

B-
Public|Grades KG–6
100 N Harrison Ave|1.33 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.56 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.56 Miles Away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|1.61 Miles Away

Lincoln Elementary School

C-
Public|Grades KG–6
1021 N Ridgewood L...|1.67 Miles Away

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|1.69 Miles Away

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|1.78 Miles Away

Bright Horizons

--
Private|Grades PK–KG
21955 W Field Pkwy|1.87 Miles Away

Transit

With nearby public transportation, Knollwood offers strong connectivity across Palatine. Access to Rail within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

Palatine

1.57 miles away|31 min walk

The Neighbourhood: Knollwood

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Knollwood Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 23.05% are children aged 0–14, 18.92% are young adults between 15–29, 24.13% are adults aged 30–44, 14.52% are in the 45–59 range and 19.38% are seniors aged 60 and above. Commuting options are also varying where 79.85% of residents relying on driving, while others prefer public transit around 2.92%, walking around 5.51%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.27% of units owner occupied and 40.73% are rented. The neighborhood offers different household types. About 33.5% are single family homes and 4.22% are multi family units. Around 28.75% are single-person households, while 71.25% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 31.91% of residents have bachelor’s degrees. Around 13.98% have high school or college education. Another 7.41% hold diplomas while 20.45% have completed postgraduate studies. The remaining are 26.25% with other types of qualifications.

Next

Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 23.05% are children aged 0–14, 18.92% are young adults between 15–29, 24.13% are adults aged 30–44, 14.52% are in the 45–59 range and 19.38% are seniors aged 60 and above. Commuting options are also varying where 79.85% of residents relying on driving, while others prefer public transit around 2.92%, walking around 5.51%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.27% of units owner occupied and 40.73% are rented. The neighborhood offers different household types. About 33.5% are single family homes and 4.22% are multi family units. Around 28.75% are single-person households, while 71.25% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 31.91% of residents have bachelor’s degrees. Around 13.98% have high school or college education. Another 7.41% hold diplomas while 20.45% have completed postgraduate studies. The remaining are 26.25% with other types of qualifications.

Age Demographics

0–14 Years

23.05%

15–29 Years

18.92%

30–44 Years

24.13%

45–59 Years

14.52%

60+ Years

19.38%

Commute

2.92%

Transit

5.51%

Walk

79.85%

Drive

0%

Bike

Housing Ownership

59.27%

Owner Occupied

40.73%

Rental Units

Household Types

Single Family
33.5%
Multi Family
4.22%
Single Person
28.75%
Multi Person
71.25%

Average Income

Household:$10,376,931.49 /yr

Individual:$5,285,490.45 /yr

Education

Bachelors Degree31.91%
High School College13.98%
Diploma7.41%
Post Graduate20.45%
Others26.25%
Next

Education

Diploma7.41%
Post Graduate20.45%
Others26.25%
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  2. /Palatine, IL
  3. /
    Knollwood
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