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1243 E Baldwin Ln #511, Palatine, IL 60074

$184,500

2
beds
2
baths
1,200
sqft
1982
year built

Great Opportunity in Palatine! Bring your ideas and make this 2-bedroom, 2-bath condo your own. Located at 1243 Baldwin, Unit 511, this unit offers an excellent opportunity for buyers looking to renovate and customize a home to their taste. In mostly original condition, it's ready for a fresh vision and updates that can transform the space. One indoor parking space is included for added convenience. The building is owner-occupied, and rentals are not permitted. Whether you're looking to create your own ideal home or seeking a renovation project, this condo offers plenty of potential.

  • Bedrooms
    2
  • Bathrooms
    2
  • Year Built
    1982
  • Stories
    6.0
  • Construction Materials
    Brick
  • Garage Spaces
    1.0
  • Parking Features
    Attached, Garage Door Opener, Garage
  • Living Area
    1200.0
  • Cooling
    Central Air
  • Heating
    Forced Air, Electric
  • Basement
    None

  • Area
    Palatine
  • County
    Cook
  • City
    Palatine
  • Neighborhood
    San Tropai
  • Zip Code
    60074
  • High School
    Palatine High School
  • Middle School
    Winston Campus Middle School
  • Elementary School
    Lake Louise Elementary School

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Frequently Asked Questions

How do I schedule a tour of 1243 E Baldwin Ln #511?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1243 E Baldwin Ln #511.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1243 E Baldwin Ln #511?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 2 bath, listed for $184,500. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Palatine, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1243 E Baldwin Ln #511?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1243 E Baldwin Ln #511 at around $1,074. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1243 E Baldwin Ln #511?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cook County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1243 E Baldwin Ln #511?

In most cases, yes. Whether 1243 E Baldwin Ln #511 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Palatine's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1243 E Baldwin Ln #511?

We can handle that for you. Our preferred local agent specializes in residentials in Palatine and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $184,500 with 1,200 sqft of space—that comes out to approximately $154 per square foot.

How long has this property been on the market?

1243 E Baldwin Ln #511 was listed on October 20, 2026, which means it's been on the market for 20 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1982, making it approximately 44 years old.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Lake Louise Elementary School
  • Middle: Winston Campus Middle School
  • High: Palatine High School

Want to see how these schools compare? Check out our Cook County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1243 E Baldwin Ln #511?

The most recent public record shows annual property taxes for 1243 E Baldwin Ln #511 were approximately $289. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $382 paid monthly.

This covers access to community features including: Storage, Laundry, Coin Laundry.

Is 1243 E Baldwin Ln #511 still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 09, 2026 at 08:00AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12789039