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Listing provided courtesy of Better Homes and Garden Real Estate Star HomesMREDas Distributed by MLSGrid- MLS# 12631088MLS Provider

1308 Inverrary Lane #16DPalatine, IL 60074

Condo/Townhouse · 3 Beds · 1 Full Bath · 900 Sq. ft.
$249,000 Active

1308 Inverrary Lane #16D Overview

Time on Site:
55 days
Visits:
0

End-unit 3 bedroom townhouse offering a practical layout, low-maintenance ownership, and a location that supports daily convenience. The open concept main level connects the living room and kitchen for efficient use of space, with glass sliders leading to a private balcony that extends usable living area. All three bedrooms are well-sized, including a bright primary with a walk-in closet, and in-unit laundry adds everyday functionality. A newer furnace improves reliability and reduces near-term maintenance concerns, while the attached 1-car garage provides secure, direct access. Exterior maintenance is handled by the association, supporting predictable upkeep and reduced owner responsibility. Positioned near shopping, dining, and Illinois Route 53, the location offers strong accessibility for commuting and routine errands.

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1308 Inverrary Lane #16D Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 900
  • Price/Sq.ft. $277

Details

General

Association/HOA

  • Association Fee: $260.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Snow Removal

School Information

  • School District: 211
  • Elementary School: Lake Louise Elementary School
  • Middle Or Junior School: Winston Campus Middle School
  • High School: Palatine High School

Building Information

  • New Construction: No
  • Year Built: 1989

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Palatine
  • Subdivision Name: Inverrary West
  • Township: Palatine

Community/Development

  • Community Features: Sidewalks

Tax Information

  • Tax Annual Amount: $3,308.00
  • Tax Year: 2023

General Information

  • New Construction: No
  • Ownership: Condo
  • Parcel Number: 02014001021052
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

General Information

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: None
  • Cooling: Central Air
  • Door Features: Sliding Glass Door(s)
  • Flooring: Carpet
  • Heating: Natural Gas, Forced Air
  • Interior Features: Walk-In Closet(s), Dining Combo
  • Laundry Features: Washer Hookup,In Unit
  • Living Area: 900
  • Living Area Source: Assessor
  • Other Equipment: Ceiling Fan(s), Water Heater-Gas
  • Rooms Total: 6
  • Stories Total: 2

Unit Information

  • Unit Number: 16D

Exterior

Parking Information

  • Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
  • Parking Total: 1

Lot Information

  • Lot Features: Common Grounds, Landscaped
  • Lot Size Dimensions: COMMON
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick, Cedar
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 10X13

Room: Bedroom 3

  • Level: Main
  • Dimensions: 11X8

Room: Dining Room

  • Level: Main
  • Dimensions: COMBO

Room: Kitchen

  • Level: Main
  • Dimensions: 8X8

Room: Laundry

  • Level: Main
  • Dimensions: 8X5

Room: Living Room

  • Level: Main
  • Dimensions: 9X13

Room: Master Bedroom

  • Level: Main
  • Dimensions: 12X21

Room: Walk In Closet

  • Level: Main
  • Dimensions: 6X5

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

1308 Inverrary Lane #16D Neighborhood

Community

60074 (PALATINE) Demographics

35
Median Age
5,186
Population Density (per sq. mile)
48%
College Educated
$69,416
Estimated Median Income
8,708
Estimated Total Home Owners
5,785
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1308 Inverrary Lane #16D Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1308 Inverrary Lane #16D Market Data

Based on the last 30 days in this zip code

$392,934
Average List Price
$235
Average Price per Square Foot
30
Properties Sold
45
Average Days on Market
104
Properties for Sale
Calculations provided by Reliance Network

1308 Inverrary Lane #16D History

Date Event Value Agent
5/27/2026Source: MRED Status Change
Active
5/23/2026Source: MRED Price Reduction
$249,000 -3.5%
5/22/2026Source: MRED Status Change
Price Change
5/12/2026Source: MRED Status Change
Active
5/5/2026Source: MRED Added to Database
May 05, 2026