$160,459 - $169,000
RENTED JUN 3, 2025
2 Beds
2 Baths
1,200 Sq Ft
1975 Built

Last Sold February 28, 2025

Last sale price $162,000 $135 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,240/month

Highlights

  • Doorman
  • Fitness Center
  • Lock-and-Leave Community
  • Palatine High School Rated A
  • Landscaped Professionally
  • Property is near a park

About This Home

As of June 2025

Welcome to one of the premier luxury condo communities in the area that has all the amenities! This impeccable 4th floor corner unit has been recently updated with new flooring, new paint, granite countertops, stainless steel appliances, bathroom vanities, light fixtures, toilets, plumbing fixtures, etc. Enjoy the comfort of zoned heating and cooling (3 thermostats). Spacious primary bedroom has a walk-in closet and a private bathroom. Incredible amenities include: outdoor swimming pool, gym, sauna, party room, and more! Plenty of onsite parking! Pets allowed! Close to METRA train station, Mariano's grocery, library, bike/walk trail, shopping, dining, and more. Water included in rent. Hurry, this unit will lease quickly!

Last Agent to Rent the Property

Yevgeniy Vugmayster

Home One Realty License #475199932 Listed on: 04/17/2025

Last Renter's Agent

Qi Shao

Keller Williams Success Realty License #475212798

Keller Williams Success Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1975

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Included in Price
  • Unassigned Parking

Additional Features

  • Landscaped Professionally
  • Property is near a park
  • Zoned Heating and Cooling

Listing and Financial Details

  • Security Deposit $1,950
  • Property Available on 4/17/25
  • Rent includes water, parking, pool, scavenger, security, doorman, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 285 Units
  • Association Phone (847) 359-6000
  • High-Rise Condominium
  • Renaissance Place Subdivision
  • Property managed by One Renaissance Place
  • Lock-and-Leave Community
  • 12-Story Property

Amenities

  • Doorman
  • Sundeck
  • Common Area
  • Sauna
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 40 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,065

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Available Date: 2025-04-17
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Rental Price: 1950
  • Security Deposit: 1950
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,High Rise (7+ Stories)
  • EntryLevel: 4
  • Property Attached: Yes
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Renaissance Place
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Furnished: No
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • List Price: 1950
  • Lot Features: Common Grounds, Landscaped
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, On Site
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s), Zoned
  • Electric: Circuit Breakers
  • Heating: Electric, Sep Heating Systems - 2+, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Sauna, Security Door Lock(s), Service Elevator(s)
  • Community Features: Park
  • Rent Includes: Water, Parking, Pool, Scavenger, Security, Doorman, Exterior Maintenance, Lawn Care, Snow Removal
  • Management: Manager On-site
  • Management Company: One Renaissance Place
  • Management Phone: 847-359-6000

Schools

  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: INTEGRAL

Multi Family

  • Units in Building: 285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Feb 11, 2025
Sold by
Kotian Leela
Bought by
Forgel Mikhail
Seller's Agent
Rich Wolnik
Jason Mitchell Real Estate IL
Buyer's Agent
Yevgeniy Vugmayster
Home One Realty
List Price
$150,000
Sold Price
$162,000
Premium/Discount to List
$12,000
8%
Views
62
Current Estimated Value
$165,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,615
Avg. Annual Appreciation
4.51%
Original Mortgage
$121,500
Outstanding Balance
$120,932
Interest Rate
7.33%
Mortgage Type
New Conventional
Estimated Equity
$44,683

Purchase Details

Listed on
May 7, 2019
Closed on
Jul 2, 2019
Sold by
Pepsnik Daniel J
Bought by
Kotian Leela
Seller's Agent
Jim Nelson
RE/MAX Suburban
Buyer's Agent
Steven Golberg
Coldwell Banker Realty
List Price
$144,900
Sold Price
$138,000
Premium/Discount to List
-$6,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%

Purchase Details

Closed on
Jun 29, 2016
Sold by
Pepsnik Daniel A and Pepsnik Daniel J
Bought by
Pepsnik Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2014
Sold by
Pepsnik Daniel J
Bought by
Pepsnik Daniel J and Daniel J Pepsnik Sr Revocable Trust

Purchase Details

Closed on
May 30, 2001
Sold by
Tully Bryan P and Tully Carla A
Bought by
Pepsnik Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.18%

Purchase Details

Closed on
Jun 29, 1998
Sold by
One Renaissance Place Condominium Assn
Bought by
Tully Bryan P and Tully Carla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,750
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Forgel Mikhail $162,000 Alltech National Title
Kotian Leela $138,000 Attorney
Pepsnik Daniel J -- Dukane Title Insurance Co
Pepsnik Daniel J -- None Available
Pepsnik Daniel $138,000 --
Tully Bryan P $12,000 --
Tully Bryan P $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forgel Mikhail $121,500
Previous Owner Pepsnik Daniel J $93,000
Previous Owner Pepsnik Daniel $38,675
Previous Owner Pepsnik Daniel $88,000
Previous Owner Pepsnik Daniel $90,500
Previous Owner Pepsnik Daniel $93,000
Previous Owner Tully Bryan P $90,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Rented $1,975 +1.3% --
04/24/2025 04/24/25 Off Market $1,950 -- --
04/17/2025 04/17/25 For Rent $1,950 0.0% --
02/28/2025 02/28/25 Sold $162,000 +8.0% $147 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $150,000 0.0% $136 / Sq Ft
03/01/2020 03/01/20 Rented $1,400 -3.4% --
10/29/2019 10/29/19 For Rent $1,450 0.0% --
07/02/2019 07/02/19 Sold $138,000 -1.4% $125 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/24/2019 05/24/19 Price Changed $139,900 -3.5% $127 / Sq Ft
05/07/2019 05/07/19 For Sale $144,900 -- $132 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,065 $13,732 $1,132 $12,600
2023 $3,933 $13,732 $1,132 $12,600
2022 $3,933 $13,732 $1,132 $12,600
2021 $2,984 $9,189 $707 $8,482
2020 $2,940 $9,189 $707 $8,482
2019 $1,960 $10,265 $707 $9,558
2018 $1,916 $9,600 $636 $8,964
2017 $1,898 $9,600 $636 $8,964
2016 $2,014 $9,600 $636 $8,964
2015 $1,558 $7,695 $566 $7,129
2014 $1,556 $7,695 $566 $7,129
2013 $1,498 $7,695 $566 $7,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12341344

Midwest Real Estate Data (MRED)

APN: 02-14-100-090-1066