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  3. Palatine, IL
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  5. Groves Of Palatine
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Groves Of Palatine

440 W Mahogany Court, Palatine, IL, 60067 |Groves of Palatine

YEAR BUILT

2005

# STORIES

7

# TOTAL UNITS

47

UNIT SIZE RANGE

2,431-2,531 sqft

Description

Groves of Palatine is located at 440 W Mahogany Court in Palatine. This high-rise building has 7 stories and contains 47 units. Built in 2005, the structure provides a modern living experience in a well-designed setting. Units in this building come in sizes ranging from 2,431 to 2,531 square feet. Prices range from $390,000 to $422,500. Over the past year, the average closing price was around $302,500, translating to about $208 per square foot. The lowest sold price recently reached $280,000. The average time a unit stays on the market is 54 days. This gives buyers ample opportunity to view the offerings and make decisions. Nearby businesses include Jamm Communications for public education, Emmett's Tavern & Brewing Co, and Vini's Pizza for dining options. Residents enjoy numerous amenities within the building. There is a fitness center and a party room for gatherings. Shared areas like the sundeck and bike trails promote an active lifestyle. Parking is available, adding to daily convenience. The location benefits from accessibility to various roads. This setup allows for straightforward travel in and out of the area. Living here offers a comfortable lifestyle, with the advantages of community spaces and nearby businesses. Overall, Groves of Palatine is ideal for those looking for a vibrant neighborhood and modern living.

Building ImageMLS ID #12164168
Building ImageMLS ID #12042667
Building Image
Building ImageView Listing

Groves Of Palatine

440 W Mahogany Court, Palatine, IL, 60067

|Groves of Palatine

YEAR BUILT

2005

# STORIES

7

# TOTAL UNITS

47

UNIT SIZE RANGE

2,431-2,531 sqft

Description

Groves of Palatine is located at 440 W Mahogany Court in Palatine. This high-rise building has 7 stories and contains 47 units. Built in 2005, the structure provides a modern living experience in a well-designed setting. Units in this building come in sizes ranging from 2,431 to 2,531 square feet. Prices range from $390,000 to $422,500. Over the past year, the average closing price was around $302,500, translating to about $208 per square foot. The lowest sold price recently reached $280,000. The average time a unit stays on the market is 54 days. This gives buyers ample opportunity to view the offerings and make decisions. Nearby businesses include Jamm Communications for public education, Emmett's Tavern & Brewing Co, and Vini's Pizza for dining options. Residents enjoy numerous amenities within the building. There is a fitness center and a party room for gatherings. Shared areas like the sundeck and bike trails promote an active lifestyle. Parking is available, adding to daily convenience. The location benefits from accessibility to various roads. This setup allows for straightforward travel in and out of the area. Living here offers a comfortable lifestyle, with the advantages of community spaces and nearby businesses. Overall, Groves of Palatine is ideal for those looking for a vibrant neighborhood and modern living.

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Description

Groves of Palatine is located at 440 W Mahogany Court in Palatine. This high-rise building has 7 stories and contains 47 units. Built in 2005, the structure provides a modern living experience in a well-designed setting. Units in this building come in sizes ranging from 2,431 to 2,531 square feet. Prices range from $390,000 to $422,500. Over the past year, the average closing price was around $302,500, translating to about $208 per square foot. The lowest sold price recently reached $280,000. The average time a unit stays on the market is 54 days. This gives buyers ample opportunity to view the offerings and make decisions. Nearby businesses include Jamm Communications for public education, Emmett's Tavern & Brewing Co, and Vini's Pizza for dining options. Residents enjoy numerous amenities within the building. There is a fitness center and a party room for gatherings. Shared areas like the sundeck and bike trails promote an active lifestyle. Parking is available, adding to daily convenience. The location benefits from accessibility to various roads. This setup allows for straightforward travel in and out of the area. Living here offers a comfortable lifestyle, with the advantages of community spaces and nearby businesses. Overall, Groves of Palatine is ideal for those looking for a vibrant neighborhood and modern living.

Groves Of Palatine Market Stats Last 12 months

Avg. Listed Price$336,450($234/Sqft.)
Avg. Sale Price$302,500($208/Sqft.)
Year over year list priceDown Arrow6.53%
Year over year sale priceDown Arrow 28.40%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market54 days
Average HOA fees per sqft$3 /monthly
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Market Stats

Year over year list priceDown Arrow6.53%
Year over year sale priceDown Arrow28.40%
Total Listings2 Listed
Total sold2 Sold
Average Days on Market54 days
Average HOA fees per sqft$3 /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

Low
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

Groves Of Palatine Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 702702248132372024-06-07
MLS#: 12042667 		Closed$422,500
Unit 70270224813292015-09-17
MLS#: 09048440 		Closed$345,000
Unit 7027022481321942011-09-19
MLS#: 07749086 		Closed$390,000
Unit 702
702

3 Beds

2 Baths

2481 sqft

DateStatusPrice
2024-06-07Closed$422,500
MLS#: 12042667
Days On Market37
Unit 702
702

3 Beds

2 Baths

2481 sqft

DateStatusPrice
2015-09-17Closed$345,000
MLS#: 09048440
Days On Market9
Unit 702
702

3 Beds

2 Baths

2481 sqft

DateStatusPrice
2011-09-19Closed$390,000
MLS#: 07749086
Days On Market194
View Complete Unit Listing HistorySource By: MRED

Amenities

This condo building doesn't skimp on amenities. Imagine having an exercise room to keep fit without the need for a gym membership, and an inviting health club to relax after a long day. The building also offers conveniences such as a service elevator, intercom, laundry facilities, and a bike room for those who love cycling. Don’t forget the sundeck and patio, perfect for unwinding on sunny days or hosting a friendly gathering in the party room. These community spaces are designed to foster connections among residents.

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Amenities Description

This condo building doesn't skimp on amenities. Imagine having an exercise room to keep fit without the need for a gym membership, and an inviting health club to relax after a long day. The building also offers conveniences such as a service elevator, intercom, laundry facilities, and a bike room for those who love cycling. Don’t forget the sundeck and patio, perfect for unwinding on sunny days or hosting a friendly gathering in the party room. These community spaces are designed to foster connections among residents.

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

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Sundeck

Sundeck

Patio

Patio

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

High Speed Conn.

High Speed Conn.

Balcony

Balcony

Policies

As with any residential community, Groves Of Palatine has its policies in place to ensure a comforting environment for all. One notable point is the pet policy: both cats and dogs are welcome, albeit with some size limits and additional pet rent. This flexibility can be a significant plus for pet owners looking to settle into a new home.

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Amenities Description

As with any residential community, Groves Of Palatine has its policies in place to ensure a comforting environment for all. One notable point is the pet policy: both cats and dogs are welcome, albeit with some size limits and additional pet rent. This flexibility can be a significant plus for pet owners looking to settle into a new home.

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)
Groves Of Palatine$208/sqft.$3 /sqft.
440 W Mahogany Ct$206/sqft.$3 /sqft.
470 W MAHOGANY CT$209/sqft.$3 /sqft.
Groves Of Palatine$215/sqft.$4 /sqft.
410 W Mahogany Ct$215/sqft.$4 /sqft.
470 W Mahogany Ct$209/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Groves Of Palatine.

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|0.7 miles away

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|0.74 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.01 miles away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.01 miles away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|1.05 miles away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|1.2 miles away
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Schools

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|Less than 1 Mile Away

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|Less than 1 Mile Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.01 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.01 Miles Away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|1.05 Miles Away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|1.20 Miles Away

Marion Jordan Elementary School

B-
Public|Grades KG–6
100 N Harrison Ave|1.38 Miles Away

Walter R Sundling Jr High School

D+
Public|Grades 7–8
1100 N Smith St|1.42 Miles Away

Kirk School

--
Public|Grades –
520 S Plum Grove R...|1.49 Miles Away

Pleasant Hill Elementary School

A-
Public|Grades KG–6
434 W Illinois Ave|1.71 Miles Away

Lincoln Elementary School

C-
Public|Grades KG–6
1021 N Ridgewood L...|1.95 Miles Away

Wm Fremd High School

B
Public|Grades 9–12
1000 S Quentin Rd|2.06 Miles Away

Hunting Ridge Elementary School

B+
Public|Grades KG–6
1105 W Illinois Av...|2.11 Miles Away

Winston Campus Jr High School

D+
Public|Grades 7–8
120 N Babcock Dr|2.25 Miles Away

North Campus

--
Public|Grades 9–12
335 E Illinois Ave|2.28 Miles Away

Winston Campus Elementary School

B+
Public|Grades PK–6
900 E Palatine Rd|2.31 Miles Away

New Connection's Academy

--
Private|Grades 1–12
865 E Wilmette Rd ...|2.43 Miles Away

Virginia Lake Elementary School

D
Public|Grades PK–6
925 N Glenn Dr|2.50 Miles Away

Jane Addams Elementary School

D
Public|Grades PK–6
1020 E Sayles Dr|2.65 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Palatine

0.48 miles away|10 min walk

The Neighbourhood: Groves Of Palatine

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Groves Of Palatine Demographics

Age Demographics

0–14 Years

19.41%

15–29 Years

13.74%

30–44 Years

19.37%

45–59 Years

24.45%

60+ Years

23.03%

Commute

6.9%

Transit

3.32%

Walk

75.73%

Drive

0%

Bike

Housing Ownership

64.41%

Owner Occupied

35.59%

Rental Units

Household Types

Single Family
25.28%
Multi Family
5.65%
Single Person
32.67%
Multi Person
67.33%

Average Income

Household:$10,799,565.21 /yr

Individual:$5,713,311.47 /yr

Education

Bachelors Degree33.95%
High School College15.82%
Diploma7.8%
Post Graduate21.76%
Others20.67%
Next

Education

Diploma7.8%
Post Graduate21.76%
Others20.67%
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  2. /Palatine, IL
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    Groves Of Palatine
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