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
Total Days on Market
125
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
6.12%
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 | $5,362 | $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
-
Bernadette Lowe
Seller's Agent in 2025
Bernadette Lowe
HomeSmart Connect, LLC.
(847) 873-4342
4 in this area
29 Total Sales
-
Mary Childers
Buyer's Agent in 2025
Mary Childers
Keller Williams ONEChicago
(847) 322-3885
1 in this area
100 Total Sales
-
Lynn Fleishman
Seller's Agent in 2023
Lynn Fleishman
@ Properties
(847) 767-7959
2 in this area
55 Total Sales
-
John Stocki
Seller's Agent in 2016
John Stocki
John M Stocki
(847) 420-8707
1 in this area
19 Total Sales
-
Cathy Stocki
Seller Co-Listing Agent in 2016
Cathy Stocki
Baird Warner
(224) 578-3407
3 in this area
32 Total Sales
-
Buyer's Agent in 2016
Fernanda Perl
Baird Warner
(847) 528-7375
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12147079
APN: 02-15-401-062-1023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 235 N Smith St Unit 509
- 235 N Smith St Unit 310
- 241 N Brockway St
- 237 N Brockway St
- 301 N Carter St Unit 102
- 322 N Carter St Unit 102
- 42 W Robertson St
- 319 W Wood St Unit 18
- 349 N Plum Grove Rd
- 87 W Station St
- 390 W Mahogany Ct Unit 406
- 50 N Plum Grove Rd Unit 202E
- 50 N Plum Grove Rd Unit 704E
- 50 N Plum Grove Rd Unit 510E
- 4 E Slade St
- 8 E Slade St
- 2 E Slade St
- 412 W Wood St Unit 18
- 126 E Colfax St
- 440 W Mahogany Ct Unit 209