124 W Colfax St Unit 301 Palatine, IL 60067
Downtown Palatine Neighborhood
2
Beds
2
Baths
1,200
Sq Ft
$356/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Main Floor Bedroom
- Party Room
- Palatine High School Rated A
- End Unit
- Elevator
About This Home
As of September 2022Now is your chance to own this rarely available Wellington Court end-unit, in the heart of downtown Palatine. Enter this sunny condo and be greeted by fresh paint, newer carpet, and high ceilings. Be impressed with the recently repainted kitchen cabinets, stunning quartz countertops, and new microwave and stove, all opening nicely to the spacious living room and dining room area. A private south-facing balcony is perfect for morning coffee or summertime grilling. The large primary bedroom features a massive walk-in closet with professional organizers and its own full bathroom. Another bedroom, full bathroom, and in-unit laundry complete the unit. Heated garage space 21 with its own storage closet, too! Low assessments in a well-maintained building! All this steps from the Metra train, restaurants, and shops! A must see!!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,804
Year Built
- Built in 2002
HOA Fees
- $356 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
- Unassigned Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,200 Sq Ft Home
- Ceiling Fan
- Family Room
- Combination Dining and Living Room
- Storage
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Home Security
Accessible Home Design
- Accessibility Features
- No Interior Steps
- Level Entry For Accessibility
- Ramp on the main level
Schools
- Gray M Sanborn Elementary School
- Walter R Sundling Junior High Sc
- Palatine High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
Additional Features
- Balcony
- End Unit
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 43 Units
- Manager Association, Phone Number (312) 329-8400
- Wellington Court Subdivision
- Property managed by GNP Realty Partners
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Party Room
- Elevator
- Community Storage Space
Pet Policy
- Pets up to 35 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2022
Closed on
Sep 12, 2022
Sold by
Allen G Helms G and Allen Melody M
Bought by
Jacqueline H Stcoton Trust
Seller's Agent
Kelly Baysinger
Compass
Buyer's Agent
Christine Cutro
Coldwell Banker Realty
List Price
$275,000
Sold Price
$275,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$220,000
Outstanding Balance
$213,159
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$107,125
Purchase Details
Closed on
Jul 3, 2017
Sold by
Curran Alice L
Bought by
Helms Allen G and Helms Melody M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2002
Sold by
Curran Alice L
Bought by
The Chicago Trust Company
Purchase Details
Closed on
Feb 27, 2002
Sold by
Colfax Development Llc
Bought by
Curran Alice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $275,000 | None Listed On Document | |
| Deed | $243,000 | Attorney | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $196,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | New Conventional | |
| Previous Owner | $194,400 | New Conventional | |
| Previous Owner | $84,000 | New Conventional | |
| Previous Owner | $98,900 | Unknown | |
| Previous Owner | $100,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $329,900 | +20.0% | $254 / Sq Ft |
| 09/27/2022 09/27/22 | Sold | $275,000 | 0.0% | $229 / Sq Ft |
| 08/27/2022 08/27/22 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | For Sale | $275,000 | -- | $229 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,474 | $21,870 | $552 | $21,318 |
| 2023 | $4,500 | $21,870 | $552 | $21,318 |
| 2022 | $4,500 | $21,870 | $552 | $21,318 |
| 2021 | $4,744 | $20,602 | $322 | $20,280 |
| 2020 | $4,804 | $20,602 | $322 | $20,280 |
| 2019 | $4,805 | $22,927 | $322 | $22,605 |
| 2018 | $4,102 | $19,383 | $299 | $19,084 |
| 2017 | $4,057 | $19,383 | $299 | $19,084 |
| 2016 | $3,223 | $19,383 | $299 | $19,084 |
| 2015 | $3,669 | $16,478 | $276 | $16,202 |
| 2014 | $3,549 | $16,478 | $276 | $16,202 |
| 2013 | $3,540 | $16,478 | $276 | $16,202 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Cutro
Seller's Agent in 2025
Christine Cutro
Coldwell Banker Realty
(847) 687-1415
1 in this area
58 Total Sales
-
Kelly Baysinger
Seller's Agent in 2022
Kelly Baysinger
Compass
(847) 322-6654
6 in this area
192 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11423737
APN: 02-15-401-062-1012
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