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About Palatine
Welcome > Local Info > About Palatine ...

Thinking of moving to or buying a home in Palatine Illlinois? Palatine is located about 28 miles Northwest of downtown Chicago and just 14 miles to O’hare Airport. Palatines neighboring towns are Deer Park, Barrington, Inverness, Arlington Heights, Rolling Meadows, Schaumburg and Hoffman Estates.

There has been a huge population growth in Palatine (now over 66000), because of it’s location, diversity and beauty. Palatines first settlers arrived in the early 1830’s from New York and New England. They made their homes in what is now known as Deer Grove, Plum Grove, Englishmans Grove and Highland Grove in the lush groves of trees which are abundant even today in Palatine.

Palatine shows their great pride in their history by preserving as much of the old charm as possible. Visit the George Clayson House built in 1873 filled with over 1000 treasures listed in the National Register of Historic Places when in town. The train runs through the town of Palatine with a newly renovated station and town surrounding with plenty of homes and townhomes for convenient access.

Homes in Palatine include condos, townhomes to million dollar homes old and new. There is a great blend of new homes and old homes throughout Palatine. The downtown Palatine area is surrounded by older homes restored and new townhomes and condos built to look historic. Downtown Palatine is a happening place to move to with a variety of places to live and things to do.

Palatines Park District has over 40 parks, an Aquatic Center, Horse Stables, A Community Center, an 18 hole Championship golf course Palatine Hills Golf Course, Deer Grove Forest Preserve and Harper Community College. The Salt Creek Park District offers a large variety of services including pre-school, summer camps, Boating, fishing, a nine hole golf course and more. They oversee also 5 parks in the area. If you are looking to relocate to Palatine, there is plenty for the whole family to enjoy. If you like dancing, my two favorite places are dance classes at Harper College and Studio Viva offers awesome dance lessons at a very reasonable cost with professional teachers and have dance socials weekly.

Palatine offers senior services and a senior center including bus service,a food pantry, summer events and plenty of youth programs.

There is plenty of shopping and restaurants... downtown, strip malls, along Route 12. Some of my favorite restaurants in Palatine are: Heng Wing Chinese restaurant, Aranellas Italian, Marlowes, and let’s not forget about Brandts - the best burger place around. Downtown has a couple new restaurants and some old including Dirty Nellie’s for food and live music, a great place to have a fundraiser or private event. Contact our Real Estate Team for any recommendations for the area, The Julie Anne Real Estate Team has lived in the area most of our lives.


Most of the single family home subdivisions of Palatine IL are: Pergrine Lake Estates, Barrington Woods, Park Avenue Estates, Prairie Creek, Aspen Meadows, Windhill, Sanctuary Cove, Cedar Grove, Windhill, Benton Place, Plum Grove Woodlands, Orchard Hills, Lakeside Estates, Dunhaven Woods, Spinaker Cove, Brentwood Estates, Winston Park, English Valley, Pleasant Hill, Meadow Lake, Reseda, Willow Wood, Heatherlea, Pepper Tree Farms, Kenilwicke, Wexford, Palanois Park, Sycamore Place, Willow Walk, Pebble Creek, Hunting Ridge, Plum Grove Estates, Lakewood Glen, Plum Grove Hills, Highland Woods, Concord Mills, Whyte Cliff, Plum Grove Park Estates, Forest Estates, Cannongate, Morgans Gate and Heatherstone.

Most of the attached single family home subdivisions of Palatine are: Charter Hall, Insignia Court, Ethans Glen, Auburn Woods, Groves at Palatine, Palatine Station, Renaissance Place, Forest Knoll, The Enclave at Quentin, Maple Grove, Hickory Hill, Timberlake Estates, Hamilton Place, Palatine Commons, Knollwood, Dagan Park Estates, Whispering Oaks, Maison du Comte, Stonington, Deerpath Lake, Groves of Palatine, Cunningham Courts, Mission Creek, Plum Court, Golfview Commons, Wellington Park, Wellington Court, Hidden Prairie, Preserves at Hilltop of Palatine, Claremont Ridge, Peregrin Lake Estates, Cobblestone, Hidden Cove, Aspen Grove, Hamilton Creek, Charter Hall, Heritage Manor, Bridgeview Creek, Evergreen Court, Sutton Park Place, Groves of Palatine, Amber Ridge, Parkside on the Green, The Metropolitan, Washington Square, Coventry Park and Cherrybrook Village.

If you are looking for a home in Palatine Illinois or are looking to relocate to the Palatine Area including surrounding communities Deer Park, Barrington, Lake Zurich please contact our Real Estate Team and we would be honored to help you.

Click here for <L=http://deerparkbarringtonrealestate.featuredblog.com/?p=43>Palatine IL Homes School Information<L>


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Real Estate Tips
Financing Your Home >ARMs

Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage point above the average yields for Treasury notes on which future rate adjustments will be calculated.

Let's compare two hypothetical one-year ARMs. The first may have an initial interest rate of 7% with a 2.5 margin, while the second begins at 6 7/8% with a 2.75 margin. Both loans have rate caps of 2%. Suppose that at the end of the first year of the loan, the average of the one-year Treasury note yield has been 5 1/2%. For each loan, the lenders will add the margin to that 5 1/2% average yield. Thus the interest rate for first loan would increase from 7% to 8%, and the second would go from 6 7/8% to 8 1/4%. While the first ARM had a slightly higher initial rate, it will have lower rates in subsequent years, unless the Treasury note rates increase enough to activate the annual caps on the amount of the increase. There is a wide variance among margins in ARMs offered by competing lenders, and this should be a factor when you decide on your loan.

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Real Estate Trivia
Q 
What place is known as "America's Stonehenge"?

A 
A 4,000 year-old stone constructed megalithic site located on Mystery Hill in Salem, Massachusetts.
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The Julie Anne Real Estate Team, REALTOR®, real estate agent and broker for Northern Illinois, Barrington, Palatine and Deer Park, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

The Julie Anne Real Estate Team
Keller Williams Success Realty

600 Hart Rd, Suite 105
Barrington, IL 60010
847-620-5815
Fax: 847-382-0888
Julie@HomesbyJulieAnne.com

Julie Anne performs with an amiable business demeanor which allows her clients to relax and coast along to their Real Estate goals - be it buying or selling. She is talented, experienced and well decorated with licenses and certifications in Real Estate including CDPE, Certified in Foreclosures & Shortsales, GRI, ABR and is one of the Top Realtor in the State of Illinois

ABR Equal Housing GRI REALTOR


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