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  1. Home
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  3. Palatine, IL
  4. /
  5. Cornell Lakes
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Cornell Lakes

405 Lake Shore Drive, Palatine, IL, 60067
Cornell Lakes

YEAR BUILT

1988

# STORIES

# TOTAL UNITS

2

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Cornell Lakes, located at 405 Lake Shore Drive, Palatine, IL, showcases classic architectural design tailored for comfortable living. Built in 1988, this established building offers a blend of traditional style and modern amenities. Residents have the advantage of spacious layouts within the available units, complemented by abundant natural light from large windows. Although not situated directly on the waterfront, the building occupies a serene setting amidst landscaped grounds, providing a tranquil atmosphere for its occupants. The building boasts a well-maintained fitness center, catering to diverse exercise needs, along with beautifully designed common areas that encourage community interaction. An outdoor recreational space allows residents to enjoy leisure activities without leaving the premises. Secure parking facilities and 24-hour maintenance service enhance the overall convenience of living at Cornell Lakes. The location at the heart of Palatine ensures easy access to local dining, shopping, and cultural experiences. The surrounding area benefits from proximity to parks and green spaces, fostering a balanced lifestyle for those looking to combine urban convenience with suburban tranquility. With its strategic location in the 60067 zip code, Cornell Lakes remains a notable residence for discerning individuals seeking quality and comfort.

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Building Image

Cornell Lakes

405 Lake Shore Drive, Palatine, IL, 60067


Cornell Lakes

YEAR BUILT

1988

# STORIES

# TOTAL UNITS

2

UNIT SIZE RANGE

1,150-1,250 sqft

Description

Cornell Lakes, located at 405 Lake Shore Drive, Palatine, IL, showcases classic architectural design tailored for comfortable living. Built in 1988, this established building offers a blend of traditional style and modern amenities. Residents have the advantage of spacious layouts within the available units, complemented by abundant natural light from large windows. Although not situated directly on the waterfront, the building occupies a serene setting amidst landscaped grounds, providing a tranquil atmosphere for its occupants. The building boasts a well-maintained fitness center, catering to diverse exercise needs, along with beautifully designed common areas that encourage community interaction. An outdoor recreational space allows residents to enjoy leisure activities without leaving the premises. Secure parking facilities and 24-hour maintenance service enhance the overall convenience of living at Cornell Lakes. The location at the heart of Palatine ensures easy access to local dining, shopping, and cultural experiences. The surrounding area benefits from proximity to parks and green spaces, fostering a balanced lifestyle for those looking to combine urban convenience with suburban tranquility. With its strategic location in the 60067 zip code, Cornell Lakes remains a notable residence for discerning individuals seeking quality and comfort.

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Description

Cornell Lakes, located at 405 Lake Shore Drive, Palatine, IL, showcases classic architectural design tailored for comfortable living. Built in 1988, this established building offers a blend of traditional style and modern amenities. Residents have the advantage of spacious layouts within the available units, complemented by abundant natural light from large windows. Although not situated directly on the waterfront, the building occupies a serene setting amidst landscaped grounds, providing a tranquil atmosphere for its occupants. The building boasts a well-maintained fitness center, catering to diverse exercise needs, along with beautifully designed common areas that encourage community interaction. An outdoor recreational space allows residents to enjoy leisure activities without leaving the premises. Secure parking facilities and 24-hour maintenance service enhance the overall convenience of living at Cornell Lakes. The location at the heart of Palatine ensures easy access to local dining, shopping, and cultural experiences. The surrounding area benefits from proximity to parks and green spaces, fostering a balanced lifestyle for those looking to combine urban convenience with suburban tranquility. With its strategic location in the 60067 zip code, Cornell Lakes remains a notable residence for discerning individuals seeking quality and comfort.

Cornell Lakes Key Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
Next

Key Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

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

High
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

Cornell Lakes Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 4054051200231302015-08-01
MLS#: 08869955
Closed$136,000
Unit 405405-231862008-03-31
MLS#: 06686017
Closed$209,000
Unit 405
405

2 Beds

3 Baths

1200 sqft


DateStatusPrice
2015-08-01Closed$136,000
MLS#: 08869955
Days On Market130
Unit 405
405

2 Beds

3 Baths

0 sqft


DateStatusPrice
2008-03-31Closed$209,000
MLS#: 06686017
Days On Market186
View Complete Unit Listing HistorySource By: MRED

Amenities

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

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

Cornell Lakes is located near 13+ 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.

Marion Jordan Elementary School

B-
Public|Grades KG–6
100 N Harrison Ave|0.61 miles away

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|1.07 miles away

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|1.18 miles away

Walter R Sundling Jr High School

D+
Public|Grades 7–8
1100 N Smith St|1.18 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.28 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.28 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

Cornell Lakes is located near 13+ 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.

Marion Jordan Elementary School

B-
Public|Grades KG–6
100 N Harrison Ave|Less than 1 Mile Away

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|1.07 Miles Away

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|1.18 Miles Away

Walter R Sundling Jr High School

D+
Public|Grades 7–8
1100 N Smith St|1.18 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.28 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.28 Miles Away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|1.32 Miles Away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|1.52 Miles Away

Hunting Ridge Elementary School

B+
Public|Grades KG–6
1105 W Illinois Av...|1.57 Miles Away

Pleasant Hill Elementary School

A-
Public|Grades KG–6
434 W Illinois Ave|1.60 Miles Away

Kirk School

--
Public|Grades –
520 S Plum Grove R...|1.62 Miles Away

Wm Fremd High School

B
Public|Grades 9–12
1000 S Quentin Rd|1.62 Miles Away

Lincoln Elementary School

C-
Public|Grades KG–6
1021 N Ridgewood L...|1.79 Miles Away

Transit

Located in a transit-friendly area of Palatine, Cornell Lakes provides easy access to nearby public transportation. Within a 2-mile radius, Rail support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

Palatine

0.99 miles away|19 min walk

The Neighbourhood: Cornell Lakes

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Cornell Lakes Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 20.84% are children aged 0–14, 15.48% are young adults between 15–29, 21.67% are adults aged 30–44, 20.54% are in the 45–59 range and 21.47% are seniors aged 60 and above. Commuting options are also varying where 76.83% of residents relying on driving, while others prefer public transit around 5.8%, walking around 3.96%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.36% of units owner occupied and 40.64% are rented. The neighborhood offers different household types. About 28.69% are single family homes and 4.39% are multi family units. Around 31.37% are single-person households, while 68.63% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.37% of residents have bachelor’s degrees. Around 14.16% have high school or college education. Another 8.13% hold diplomas while 21.46% have completed postgraduate studies. The remaining are 22.88% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 20.84% are children aged 0–14, 15.48% are young adults between 15–29, 21.67% are adults aged 30–44, 20.54% are in the 45–59 range and 21.47% are seniors aged 60 and above. Commuting options are also varying where 76.83% of residents relying on driving, while others prefer public transit around 5.8%, walking around 3.96%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.36% of units owner occupied and 40.64% are rented. The neighborhood offers different household types. About 28.69% are single family homes and 4.39% are multi family units. Around 31.37% are single-person households, while 68.63% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.37% of residents have bachelor’s degrees. Around 14.16% have high school or college education. Another 8.13% hold diplomas while 21.46% have completed postgraduate studies. The remaining are 22.88% with other types of qualifications.

Age Demographics

0–14 Years

20.84%

15–29 Years

15.48%

30–44 Years

21.67%

45–59 Years

20.54%

60+ Years

21.47%

Commute

5.8%

Transit

3.96%

Walk

76.83%

Drive

0%

Bike

Housing Ownership

59.36%

Owner Occupied

40.64%

Rental Units

Household Types

Single Family
28.69%
Multi Family
4.39%
Single Person
31.37%
Multi Person
68.63%

Average Income

Household:$11,420,085.86 /yr

Individual:$5,861,730.92 /yr

Education

Bachelors Degree33.37%
High School College14.16%
Diploma8.13%
Post Graduate21.46%
Others22.88%
Next

Education

Diploma8.13%
Post Graduate21.46%
Others22.88%
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  1. Home
  2. /Palatine, IL
  3. /
    Cornell Lakes
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