NOT LISTED FOR SALE

Estimated Value: $253,000 - $388,000

3 Beds
1.5 Baths
1,400 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $180,000 $129 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,197/month

283 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Formal Dining Room
  • Winston Campus Elementary School Rated A-
  • Main Floor Bedroom
  • Enclosed Patio or Porch

About This Home

As of May 2022

**Attention Investors!! Location Location Location. Excellent rental opportunity for either residential or commercial, or can be your new home!! So many opportunities here. Motivated seller. This charming 1400 SF Cape Cod 3 Bedroom home with full basement located in the heart of Palatine on busy Northwest Highway. Perfect for home, home office, or your new business. Bring your ideas for this highly desirable area. Current zoning is B-2 but is currently non-conforming residential use. Additional lot next door also for sale MLS#11167347 . Engineering plans have already been approved for driveway and curb cut on Northwest Highway with Palatine and IDOT and all ready for a spring installation. Home has newer A/C unit. Minutes from Arlington Park International Race Course ( or new home to the Chicago Bears?) makes this an excellent location. Get in now before it is gone!!!!!

Last Agent to Sell the Property

Glen McDade

Coldwell Banker Realty License #475176229 Listed on: 07/24/2021

Coldwell Banker Realty

Co-Listed By

Elizabeth Riter

Coldwell Banker Realty License #475142727

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,650

Year Built

  • Built in 1952

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Paved or Partially Paved Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Storm Screens
  • Laundry Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Winston Campus-Elementary School
  • Winston Campus-Junior High
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,650

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1952
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom
  • LivingArea: 1400
  • Other Equipment: TV-Cable, Sump Pump
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 896
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 189999
  • Lot Features: Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Winston Campus-Elementary
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus-Junior High
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.172
  • Lot Dimensions: 50 X 150
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5650
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2021
Closed on
May 18, 2022
Sold by
Lorraine Busch Trust
Bought by
Shiba Ninos
Seller's Agent
Glen McDade
Coldwell Banker Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$189,999
Sold Price
$180,000
Premium/Discount to List
-$9,999
-5.26%
Current Estimated Value
$306,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,039
Avg. Annual Appreciation
13.86%

Purchase Details

Closed on
Aug 20, 2013
Sold by
Busch Lorraine
Bought by
Busch John and Lorraine Busch Land Trust
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
Shiba Ninos $180,000 None Listed On Document
Busch John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Busch Lorraine $17,000
Previous Owner Busch Lorraine $68,000
Previous Owner Busch Lorraine $20,000
Previous Owner Busch Lorraine $37,500
Previous Owner Busch Lorraine $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $180,000 -5.3% $129 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $189,999 0.0% $136 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $189,999 0.0% $136 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $189,999 0.0% $136 / Sq Ft
04/01/2022 04/01/22 For Sale $189,999 -5.0% $136 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/26/2022 03/26/22 Pending -- -- --
03/03/2022 03/03/22 For Sale -- -- --
02/14/2022 02/14/22 Pending -- -- --
12/11/2021 12/11/21 For Sale -- -- --
11/22/2021 11/22/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $199,999 -- $143 / 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 $6,809 $18,000 $4,500 $13,500
2023 $6,587 $23,000 $4,500 $18,500
2022 $6,587 $23,000 $4,500 $18,500
2021 $5,736 $17,661 $2,625 $15,036
2020 $5,650 $17,661 $2,625 $15,036
2019 $5,641 $19,668 $2,625 $17,043
2018 $6,336 $20,388 $2,437 $17,951
2017 $6,216 $20,388 $2,437 $17,951
2016 $5,781 $20,388 $2,437 $17,951
2015 $5,490 $17,867 $2,250 $15,617
2014 $1,011 $17,867 $2,250 $15,617
2013 $1,008 $17,867 $2,250 $15,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11167593

Midwest Real Estate Data (MRED)

APN: 02-23-206-004-0000