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

438 N Lake Shore Drive, Palatine, IL, 60067
Cornell Lakes

YEAR BUILT

1988

# STORIES

2

# TOTAL UNITS

1

UNIT SIZE RANGE

1,008-1,108 sqft

Description

Cornell Lakes, situated at 438 N Lake Shore Drive in Palatine, offers a serene waterfront living experience. Built in 1988, this elegant 2-story residential building provides a tranquil environment with spectacular lake views. The architecture of Cornell Lakes incorporates classic brickwork, emphasizing durability and timeless appeal. The spacious units are designed to cater to modern living needs, featuring open floor plans and large windows that invite an abundance of natural light. High-quality construction materials have been utilized throughout the building to ensure longevity and comfort. Residents have access to a variety of amenities, including a picturesque walking trail along the lake, a communal garden area, and secure parking facilities. The building is pet-friendly, making it an ideal choice for those with furry companions. The surrounding area offers a peaceful retreat from the hustle and bustle, with close proximity to parks, nature reserves, and local dining options. The convenient location of Cornell Lakes provides easy access to nearby urban amenities, ensuring that all necessities are within reach.

Building Image
Building Image

Cornell Lakes

438 N Lake Shore Drive, Palatine, IL, 60067


Cornell Lakes

YEAR BUILT

1988

# STORIES

2

# TOTAL UNITS

1

UNIT SIZE RANGE

1,008-1,108 sqft

Description

Cornell Lakes, situated at 438 N Lake Shore Drive in Palatine, offers a serene waterfront living experience. Built in 1988, this elegant 2-story residential building provides a tranquil environment with spectacular lake views. The architecture of Cornell Lakes incorporates classic brickwork, emphasizing durability and timeless appeal. The spacious units are designed to cater to modern living needs, featuring open floor plans and large windows that invite an abundance of natural light. High-quality construction materials have been utilized throughout the building to ensure longevity and comfort. Residents have access to a variety of amenities, including a picturesque walking trail along the lake, a communal garden area, and secure parking facilities. The building is pet-friendly, making it an ideal choice for those with furry companions. The surrounding area offers a peaceful retreat from the hustle and bustle, with close proximity to parks, nature reserves, and local dining options. The convenient location of Cornell Lakes provides easy access to nearby urban amenities, ensuring that all necessities are within reach.

Next

Description

Cornell Lakes, situated at 438 N Lake Shore Drive in Palatine, offers a serene waterfront living experience. Built in 1988, this elegant 2-story residential building provides a tranquil environment with spectacular lake views. The architecture of Cornell Lakes incorporates classic brickwork, emphasizing durability and timeless appeal. The spacious units are designed to cater to modern living needs, featuring open floor plans and large windows that invite an abundance of natural light. High-quality construction materials have been utilized throughout the building to ensure longevity and comfort. Residents have access to a variety of amenities, including a picturesque walking trail along the lake, a communal garden area, and secure parking facilities. The building is pet-friendly, making it an ideal choice for those with furry companions. The surrounding area offers a peaceful retreat from the hustle and bustle, with close proximity to parks, nature reserves, and local dining options. The convenient location of Cornell Lakes provides easy access to nearby urban amenities, ensuring that all necessities are within reach.

Cornell Lakes Key Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price$251,000($238/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market47 days

Average HOA fees per sqft$7 /monthly
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Key Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market47 days

Average HOA fees per sqft$7 /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

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 438438105822472023-11-28
MLS#: 11900488
Closed$251,000
Unit 438438105822692017-02-15
MLS#: 09401815
Closed$158,500
Unit 438438-22752009-12-29
MLS#: 07358294
Closed$128,000
Unit 438
438

2 Beds

2 Baths

1058 sqft


DateStatusPrice
2023-11-28Closed$251,000
MLS#: 11900488
Days On Market47
Unit 438
438

2 Beds

2 Baths

1058 sqft


DateStatusPrice
2017-02-15Closed$158,500
MLS#: 09401815
Days On Market69
Unit 438
438

2 Beds

2 Baths

0 sqft


DateStatusPrice
2009-12-29Closed$128,000
MLS#: 07358294
Days On Market75
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
Next

Amenities

Water View

Water View

Balcony

Balcony

Policies

Pet Allowed
Check
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 positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Marion Jordan Elementary School

B-
Public|Grades KG–6
100 N Harrison Ave|0.63 miles away

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|1.17 miles away

Walter R Sundling Jr High School

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

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|1.26 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.34 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.34 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

Cornell Lakes is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

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...|1.17 Miles Away

Walter R Sundling Jr High School

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

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|1.26 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.34 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.34 Miles Away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|1.39 Miles Away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|1.61 Miles Away

Hunting Ridge Elementary School

B+
Public|Grades KG–6
1105 W Illinois Av...|1.64 Miles Away

Pleasant Hill Elementary School

A-
Public|Grades KG–6
434 W Illinois Ave|1.69 Miles Away

Wm Fremd High School

B
Public|Grades 9–12
1000 S Quentin Rd|1.70 Miles Away

Kirk School

--
Public|Grades –
520 S Plum Grove R...|1.72 Miles Away

Lincoln Elementary School

C-
Public|Grades KG–6
1021 N Ridgewood L...|1.81 Miles Away

Transit

Cornell Lakes is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across Palatine. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

Palatine

1.08 miles away|21 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 21.14% are children aged 0–14, 16.13% are young adults between 15–29, 22.15% are adults aged 30–44, 19.53% are in the 45–59 range and 21.05% are seniors aged 60 and above. Commuting options are also varying where 77.26% of residents relying on driving, while others prefer public transit around 5.41%, walking around 4.18%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 58.5% of units owner occupied and 41.5% are rented. The neighborhood offers different household types. About 29.6% are single family homes and 4.25% are multi family units. Around 31.01% are single-person households, while 68.99% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.19% of residents have bachelor’s degrees. Around 13.79% have high school or college education. Another 8.06% hold diplomas while 21.34% have completed postgraduate studies. The remaining are 23.61% 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 21.14% are children aged 0–14, 16.13% are young adults between 15–29, 22.15% are adults aged 30–44, 19.53% are in the 45–59 range and 21.05% are seniors aged 60 and above. Commuting options are also varying where 77.26% of residents relying on driving, while others prefer public transit around 5.41%, walking around 4.18%, biking around 0%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 58.5% of units owner occupied and 41.5% are rented. The neighborhood offers different household types. About 29.6% are single family homes and 4.25% are multi family units. Around 31.01% are single-person households, while 68.99% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.19% of residents have bachelor’s degrees. Around 13.79% have high school or college education. Another 8.06% hold diplomas while 21.34% have completed postgraduate studies. The remaining are 23.61% with other types of qualifications.

Age Demographics

0–14 Years

21.14%

15–29 Years

16.13%

30–44 Years

22.15%

45–59 Years

19.53%

60+ Years

21.05%

Commute

5.41%

Transit

4.18%

Walk

77.26%

Drive

0%

Bike

Housing Ownership

58.5%

Owner Occupied

41.5%

Rental Units

Household Types

Single Family
29.6%
Multi Family
4.25%
Single Person
31.01%
Multi Person
68.99%

Average Income

Household:$11,402,619.84 /yr

Individual:$5,807,721.08 /yr

Education

Bachelors Degree33.19%
High School College13.79%
Diploma8.06%
Post Graduate21.34%
Others23.61%
Next

Education

Diploma8.06%
Post Graduate21.34%
Others23.61%
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  1. Home
  2. /Palatine, IL
  3. /
    Cornell Lakes
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