On the same street as the train
Both buildings sit on W. Wood St., like the Palatine station on the Union Pacific Northwest line to Ogilvie Transportation Center in Chicago.
Downtown Palatine, Illinois
Downtown Palatine Condos for Sale Near the Metra
Downtown Palatine condos for sale in two newer buildings on W. Wood St., a short walk from the Metra station, with HOA ranges, sizes and schools for each.
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- Office at 553 N North CtDowntown Palatine
- Open 24 hours
- Free consultation,no obligation
Get new downtown Palatine listings
Tell us the building, bedrooms and budget. We send new downtown condos and townhomes as they list.
01 / How we help
How we help with downtown Palatine condos
Three ways we work with owners and buyers in the buildings near the Palatine train station.
Sell your downtown condo
A price built from recent sales in your building and the one down the street, then listing and offers.
What your unit is worth
A free value for your downtown Palatine condo or townhome, from sales a person checked.
Compare every Palatine condo
Downtown buildings next to the 1970s and 1980s communities across town.
02 / By building
Downtown Palatine condos for sale by building
Two buildings make up most of the condo and townhome supply within walking distance of the Palatine station at 137 W. Wood St. Both were built in the 2000s.
| Building | Built | Homes | Sizes | Listed HOA range | Average tax |
|---|---|---|---|---|---|
| Palatine Station | Built:2003 to 2008 | Homes:Townhomes and condos, 1 to 3 bedrooms | Sizes:1,000 to 2,300 sq ft | Listed HOA range:$344 to $629 per month | Average tax:$8,688 per year |
| The Preserve | Built:2006 | Homes:94 condos, 2 and 3 bedrooms, elevators | Sizes:1,361 to 1,880 sq ft | Listed HOA range:$485 to $617 per month | Average tax:$7,168 per year |
Homes by Marco (MLS-derived subdivision data), October 2026. Confirm the current HOA fee with each association.
Palatine Station
Townhomes and condos on W. Wood St., N. Rose St. and N. Smith St., north of Palatine Road and west of Plum Grove Road. Seven floor plans, from a one-bedroom condo to three-bedroom townhomes of about 2,300 sq ft.
The Preserve
94 condos built in 2006 by Franczak & Associates at 435 and 455 W. Wood St., east of Quentin Road. Elevator buildings with a party room, storage and an on-site manager, under half a mile west of the station.
03 / Townhomes
Downtown Palatine townhomes for sale
If you want more than one floor and still want to walk to the train, the townhomes at Palatine Station are the downtown option. Plans run up to three bedrooms and about 2,300 sq ft.
They come up for sale less often than the condos, so it pays to be on the list before one lists. For townhome communities elsewhere in town, see Palatine townhomes for sale.
04 / Before you buy
What to know before buying near the Palatine Metra
Newer buildings, higher fees
Listed HOA fees downtown run $344 to $629 per month, above the 1970s communities in town. Ask what each fee covers before you compare units.
Each association has its own rules
Rentals, parking and pets are set by each association. Read the declaration, rules and budget during attorney review.
05 / By the numbers
Downtown Palatine real estate by the numbers
| Fact | Downtown Palatine |
|---|---|
| Median sale price | $360K, up 2.1% year over year |
| Price per square foot | $254, up 11.9% year over year |
| Days on market | 41 |
| Homes sold | 5 |
| Recent sales at Palatine Station | $430,000 to $505,000 |
| Recent sales at The Preserve | $382,500 to $430,000 |
| Schools in listing data | Stuart R. Paddock School or Pleasant Hill Elementary (District 15), Plum Grove Junior High (District 15), William Fremd High School (District 211) |
| ZIP code | 60067 |
Redfin, Downtown Palatine neighborhood, 3 months ending September 2026. Recent sales and schools: Homes by Marco (MLS-derived subdivision data), October 2026. Confirm school assignments with District 15 and District 211.
06 / Questions
Questions about downtown Palatine condos
Palatine Station is about a block from the downtown Palatine station at 137 W. Wood St. The Preserve is under half a mile west on the same street, so both are a walk to the Union Pacific Northwest line.
Listing data from October 2026 shows $344 to $629 per month at Palatine Station and $485 to $617 per month at The Preserve. Confirm the current fee, and what it covers, with the downtown Palatine association before you make an offer.
Listing data shows Stuart R. Paddock School or Pleasant Hill Elementary, Plum Grove Junior High and William Fremd High School for these downtown Palatine buildings. Boundaries can change, so verify the address with District 15 and District 211.
Yes, at Palatine Station, built 2003 to 2008, with plans of up to three bedrooms. Downtown Palatine townhomes list less often than the condos, so we can send each one as soon as it comes on the market.
Yes. We price it from recent sales in your building and the other downtown Palatine building, then list it and help with every offer. Start with a free home value at (224) 464-4587 or with the form.
07 / Area and map
Where downtown Palatine condos are
Downtown Palatine centers on the Metra station at 137 W. Wood St. and Northwest Highway. Both buildings sit on or next to W. Wood St., between Quentin Road and Plum Grove Road and north of Palatine Road. Our office at 553 N North Ct is next to the Palatine Public Library.
New to town? Our guide to living in Palatine covers the commute, taxes and schools.
08 / Getting here
From downtown Palatine to our office
From Palatine Station, take W. Wood St. to N. Smith St., then Northwest Highway to N North Ct. It is about 1.5 miles, around 5 minutes by car.
Get directions to 553 N North Ct09 / Nearby
More Palatine guides
Get new downtown Palatine condo listings
Tell us the building and budget you want. We send new downtown condos and townhomes as soon as they list.
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