124 W Colfax St Unit 401 Palatine, IL 60067
Downtown Palatine Neighborhood
2
Beds
2
Baths
1,375
Sq Ft
$380/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Wood Flooring
- 1 Car Attached Garage
- Palatine High School Rated A
- Elevator
- Living Room
About This Home
As of January 2025Bright and spacious south east corner unit now being offered for sale. Well cared for home with hardwood floors, kitchen granite countertops/backsplash and stainless steel appliance are just few features that make it move in ready. Master bedroom offers private bath with walk-in shower, shower seat, wonderful walk-in closet and large window. In unit laundry with extra cabinets, pantry closet in the kitchen and additional cabinets in the kitchen will satisfy all your storage needs. Generous size balcony nestled in the trees will provide the privacy and perfect place to decompress. Easy walk to train and downtown restaurants, farmer's market and more, makes it a perfect spot for anyone looking to be involved in the community life and their events. Immaculately maintained elevator building with award winning management is a perfect spot to call home while all the conveniences will make is an easy adjustment for anyone. One car parking in heated and lit garage is included along with the ample storage while building offers community bike racks. Must see.
Last Agent to Sell the Property
HomeSmart Connect, LLC. License #475172759 Listed on: 09/03/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,573
Year Built
- Built in 2002
HOA Fees
- $380 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 1,375 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Grab Bar In Bathroom
- Wheelchair Height Mailbox
- Accessibility Features
- No Interior Steps
- Ramp on the main level
- Low Pile Carpeting
Utilities
- Central Air
- Radiant Heating System
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 40 Units
- Chris Soursos Association, Phone Number (312) 329-5964
- Mid-Rise Condominium
- Wellington Court Subdivision
- Property managed by GNP Realty Partners
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Elevator
- Community Storage Space
Pet Policy
- Pets up to 50 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 24, 2024
Sold by
Daniel W And Ann M Lowe Trust and Lowe Daniel W
Bought by
Binkowski Adam and Trust Number 124401
Current Estimated Value
Purchase Details
Listed on
Dec 9, 2022
Closed on
Jan 31, 2023
Sold by
Gumma Vincent M
Bought by
Daniel W And Ann M Lowe Trust
Seller's Agent
Lynn Fleishman
@properties Christie's International Real Estate
Buyer's Agent
Bernadette Lowe
HomeSmart Connect, LLC.
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%
Views
130
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Purchase Details
Listed on
Jan 14, 2016
Closed on
May 20, 2016
Sold by
Stocki Margaret T
Bought by
Gumma Vincent M and Gumma Joseph M
Seller's Agent
John Stocki
John M Stocki
Buyer's Agent
Fernanda Perl
Baird & Warner
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$110,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2008
Sold by
Stocki Margaret J
Bought by
Stocki Margaret J and Margaret J Stocki Trust
Purchase Details
Closed on
Nov 14, 2007
Sold by
Angarola Barry R and Angarola Virginia L
Bought by
Stocki Margaret J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.3%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 27, 2002
Sold by
Colfax Development Llc
Bought by
Angarola Barry R and Angarola Virginia L
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 | $320,000 | None Listed On Document | |
| Deed | $320,000 | None Listed On Document | |
| Deed | $280,000 | Proper Title | |
| Warranty Deed | $235,000 | Baird & Warner Title Service | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $258,000 | None Available | |
| Warranty Deed | $201,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $110,000 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $193,500 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $125,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2025 01/27/25 | Sold | $320,000 | -2.7% | $233 / Sq Ft |
| 01/08/2025 01/08/25 | Pending | -- | -- | -- |
| 12/04/2024 12/04/24 | For Sale | $329,000 | +2.8% | $239 / Sq Ft |
| 12/02/2024 12/02/24 | Off Market | $320,000 | -- | -- |
| 11/21/2024 11/21/24 | Pending | -- | -- | -- |
| 11/01/2024 11/01/24 | For Sale | $329,000 | 0.0% | $239 / Sq Ft |
| 09/06/2024 09/06/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $329,000 | +17.5% | $239 / Sq Ft |
| 02/09/2023 02/09/23 | Sold | $280,000 | -3.4% | $223 / Sq Ft |
| 01/11/2023 01/11/23 | Pending | -- | -- | -- |
| 12/09/2022 12/09/22 | For Sale | $289,900 | +23.4% | $231 / Sq Ft |
| 05/25/2016 05/25/16 | Sold | $235,000 | -4.1% | $187 / Sq Ft |
| 04/21/2016 04/21/16 | Pending | -- | -- | -- |
| 01/14/2016 01/14/16 | For Sale | $245,000 | -- | $195 / 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 | $5,573 | $22,142 | $559 | $21,583 |
| 2023 | $5,362 | $22,142 | $559 | $21,583 |
| 2022 | $5,362 | $22,142 | $559 | $21,583 |
| 2021 | $5,692 | $20,858 | $326 | $20,532 |
| 2020 | $5,680 | $20,858 | $326 | $20,532 |
| 2019 | $5,673 | $23,212 | $326 | $22,886 |
| 2018 | $5,031 | $19,624 | $302 | $19,322 |
| 2017 | $5,983 | $19,624 | $302 | $19,322 |
| 2016 | $5,564 | $19,624 | $302 | $19,322 |
| 2015 | $3,732 | $16,682 | $279 | $16,403 |
| 2014 | $3,609 | $16,682 | $279 | $16,403 |
| 2013 | $3,601 | $16,682 | $279 | $16,403 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Bernadette Lowe
HomeSmart Connect, LLC.
(847) 873-4342
4 in this area
28 Total Sales
-
Buyer's Agent in 2025
Mary Childers
Keller Williams ONEChicago
(847) 322-3885
1 in this area
99 Total Sales
-
Seller's Agent in 2023
Lynn Fleishman
@ Properties
(847) 767-7959
2 in this area
58 Total Sales
-
Seller's Agent in 2016
John Stocki
John M Stocki
(847) 420-8707
1 in this area
17 Total Sales
-
Seller Co-Listing Agent in 2016
Cathy Stocki
Baird Warner
(224) 578-3407
4 in this area
33 Total Sales
-
F
Buyer's Agent in 2016
Fernanda Perl
Baird Warner
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12147079
APN: 02-15-401-062-1023
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