124 W Colfax St Unit 401 Palatine, IL 60067
Downtown Palatine Neighborhood
2
Beds
2
Baths
1,255
Sq Ft
$361/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- End Unit
- Balcony
- Palatine High School Rated A
- Party Room
- 1 Car Detached Garage
About This Home
As of January 2025Immaculate and bright 2 bedroom, 2 bathroom corner unit in downtown Palatine. This 4th-floor, neutral EDINBURGH MODEL includes a tiled entry and balcony with great town views. The gorgeous kitchen boasts hickory cabinets, granite countertops, and a pantry. Spacious primary bedroom with walk-in closet. Enjoy an in-unit washer and dryer, & 1 car indoor heated parking space (#16) with outdoor visitor parking. Deeded secure private storage space (#16), elevator, secure front door with video intercom system, party/meeting room available. Conveniently located near the train, yummy restaurants, and fantastic shopping. Quick closing preferred.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475127341 Listed on: 12/09/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,693
Year Built
- Built in 2002
HOA Fees
- $361 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,255 Sq Ft Home
- Ceiling Fan
- Combination Dining and Living Room
- Storage
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Gray M Sanborn Elementary School
- Walter R Sundling Junior High Sc
- Palatine High School
Utilities
- Central Air
- Radiant Heating System
- Lake Michigan Water
- Cable TV Available
Additional Features
- Balcony
- End Unit
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 42 Units
- Manager Association, Phone Number (312) 329-8400
- Wellington Court Subdivision, Edinburgh Floorplan
- Property managed by GNP Realty Partners
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Party Room
- Community Storage Space
- Elevator
Pet Policy
- Pets up to 35 lbs
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
- Fire Sprinkler System
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
5.97%
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
59 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: 11685499
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
- 124 W Colfax St Unit 301
- 241 N Brockway St
- 104 N Plum Grove Rd Unit 203
- 87 W Station St
- 390 W Mahogany Ct Unit 701
- 390 W Mahogany Ct Unit 301
- 390 W Mahogany Ct Unit 606
- 338 N Benton St
- 50 N Plum Grove Rd Unit 202E
- 50 N Plum Grove Rd Unit 703E
- 4 E Slade St
- 2 E Slade St
- 154 N Fremont St
- 435 W Wood St Unit 307A
- 531 N Easy St
- 470 W Mahogany Ct Unit 408
- 464 N Benton St
- 315 Johnson St
- 55 S Hale St Unit 403
- 111 E Palatine Rd