1555 E Lake Louise Drive
Palatine, IL 60074
- 4 beds
- 3 baths
- 2,292 sqft
- 12,502 sqft lot
- $196 per sqft
- 1971 build
- – on site
A Warm and Inviting Home Awaits This 4-bedroom, 2.5-bath home offers the perfect balance of space and comfort for family living. The open kitchen, flowing into the family room, creates an inviting area for everyday meals and gatherings, with a large countertop for bar stools that naturally draws people together. Upstairs, the dormer bedroom has been a versatile space - ideal for playtime or a cozy retreat. Plus, **new carpet upstairs** adds a fresh and cozy touch to the space. A main-level laundry room and a dedicated office provide practicality and convenience, while the basement, recently waterproofed, offers even more possibilities. Outside, you'll find a new concrete driveway leading to a spacious patio, perfect for outdoor entertaining, while the outdoor shed adds extra storage for tools or equipment. This home has been carefully maintained and thoughtfully updated: new laminate flooring and fresh paint (2024), a new hot water heater (2022), and new roof and windows (2011). It's move-in ready for the next family to enjoy. Located in a friendly neighborhood with nearby schools, parks, and easy highway access, this home provides both a welcoming retreat and convenient living.
Last checked:
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Last updated Mar 14, 2025
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MLS# 12281209 —
The Building
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Year Built:1971
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Rebuilt:No
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New Construction:false
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New Construction:No
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Architectural Style:Bi-Level, Traditional, Cape Cod
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Roof:Asphalt
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Basement:Partial
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Foundation Details:Concrete Perimeter
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Exterior Features:Patio, Porch, Storms/Screens
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Patio And Porch Features:Patio, Porch
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Disability Access:No
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Other Equipment:Ceiling Fan(s), Sump Pump, Water Heater-Gas
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Total SqFt:2292
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Total SqFt:3566
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Main SqFt:1467
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Upper SqFt:825
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Unfinished Lower SqFt:637
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Basement SqFt:637
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Unfinished Basement SqFt:637
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Living Area Source:Estimated
Interior
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Room Type:Office
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Rooms Total:9
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Interior Features:Hardwood Floors, Wood Laminate Floors, Solar Tube(s), First Floor Laundry, Some Carpeting, Some Wood Floors, Drapes/Blinds, Granite Counters
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Door Features:Storm Door(s)
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Fireplaces Total:1
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Fireplace Features:Wood Burning
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Fireplace Location:Family Room
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Laundry Features:Electric Dryer Hookup, In Unit, Sink
Room Dimensions
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Living Area:2292
Location
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Directions:Head south on N Arlington Heights Rd Turn right onto E Palatine Rd Turn right onto N Winston Dr Continue onto N Jonathan Dr N Jonathan Dr turns left and becomes E Lake Louise Dr Destination will be on the right
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Location:93989
The Property
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Parcel Number:02132120010000
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Property Type:Residential
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Location:A
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Lot Features:Corner Lot
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Lot Size Dimensions:125 X 100
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Lot Size Acres:0.287
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Rural:N
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 465-7413
- Office phone:
- (888) 574-9405
Taxes
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Tax Year:2022
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Tax Annual Amount:7975
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:3
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Full Baths:2
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Half Baths:1
The Listing
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Special Listing Conditions:Home Warranty, Standard
Heating & Cooling
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Heating:Natural Gas
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Cooling:Central Air
Utilities
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Sewer:Sewer-Storm
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Electric:Circuit Breakers
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Water Source:Lake Michigan, Public
Appliances
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Appliances:Microwave, Range, Dishwasher, Refrigerator, Humidifier
Schools
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Elementary School:Lake Louise Elementary School
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Elementary School District:15
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Middle Or Junior School District:15
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High School:Palatine High School
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High School District:211
The Community
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Community Features:Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Garage Type:Attached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Extra Units
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Other Structures:None
Monthly cost estimate

Asking price
$450,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,409
|
Taxes | $664 |
Insurance | $123 |
Utilities | $186 See report |
Total | $3,382/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/11/25
Mar 11, 2025
|
Listed / Active | MRED | $450,000 | |
9/26/24
Sep 26, 2024
|
Listed / Active | MRED |

40% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $14k above asking price on average, but some went as high as $44k over asking price.