Price reduced to below appraisal value. Embrace the spirit of DIY with this farmhouse style home on a peaceful private street nestled on nearly an acre of property, surrounded by a prestigious neighborhood where your investment of time and creativity will be rewarded. There's plenty of potential for the savvy investor or first home buyer. Renovated homes on this block are selling for top dollar. It's all about location!!! Charming home with a delightful sunroom that overlooks a wraparound deck with gazebo and a lovely wooded back yard facing West for beautiful sunset evenings. Features a huge walkout basement area perfect for hosting parties with an extra kitchen, built-in bar with wet bar, entertainment area or playroom, and brick gas fireplace. The basement also has a large unfinished area which is perfect for storage or a personal workshop. Detached 2 car garage and plenty of driveway for parking. A large lot of almost an acre in an optimal location - feels like country living, yet ideally close to all the conveniences of the train station, shopping, and downtown Palatine. Three community playground parks are within walking distance. Award-winning school district including Fremd High School and also Marion Jordan Elementary School which is a "Blue Ribbon School", as recognized by the U.S. Department of Education and has "Platinum recognition" from the State of Illinois. Home is clean and ready to move in, or could be remodeled, added onto, or lot divided. There would be plenty of room for an In-law addition or possible guest house. City water and city sewer are available already at the street to hook up to, and the city previously confirmed that the well can be kept for outside garden watering if desired. Bring your pets, bring your gardening tools, bring your big kid toys (RV, boat, etc...), and of course bring your imagination. If more space, privacy, and a great neighborhood are what you desire, this property has so much potential in a truly remarkable location! Seller able to accommodate either a quick close or a flexible closing date. At this price, this home isn't going to last - schedule your showing before it's gone!