Landlord's Agent in 2025
Vaseekaran Janarthanam
RE/MAX Plaza
(847) 414-7470
376 Total Sales
218 E Parallel St Unit 5A Palatine, IL 60067
Downtown Palatine Neighborhood
3
Beds
3.5
Baths
--
Sq Ft
1993
Built
Highlights
- Vaulted Ceiling
- Wood Flooring
- Formal Dining Room
- Palatine High School Rated A
- Main Floor Bedroom
- Stainless Steel Appliances
About This Home
As of August 2025Bright and gorgeous 3 Bedroom, 3 Bath End unit with best location in subdivision! Available for Rent from September 1, 2025. Close to everywhere; Metra Train station, 53 , shopping and Woodfield Mall with 2 Master suites, both with vaulted ceilings, walk-in closets and full baths (one rehabbed in 2017). Main first floor Bed room can also be used as a family room or as study or family room and includes a full bath. Open concept kitchen with an island and all newer stainless steel appliances. Newer HVAC with humidifier, windows, skylight, California closets and workbench all 2015 . Enjoy deck stained 2019, paver patio new in 2017, and 2 car garage. Close to train & downtown Palatine. Kitchen cabinets will be painted; The walls will be touched up; cleaning will be done. All these work will be completed before occupancy of the tenant.
Last Agent to Rent the Property
RE/MAX Plaza License #475144694 Listed on: 06/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,555
Year Built
- Built in 1993
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Property Attached
- Entry on the 1st floor
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Security System
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Balcony
- Patio
Schools
- Gray M Sanborn Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Property Available on 9/1/25
- Rent includes lawn care, snow removal
Community Details
Overview
- 3 Units
- Association Phone (847) 490-3833
- Maple Grove Subdivision
- Property managed by Associates of Chicago
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2020
Closed on
Oct 15, 2020
Sold by
Valle Nicholas J La and Dewolfe Jennifer L
Bought by
Sudhakar Bharani Kumar Alapilla and Soundarapandian Malar
Seller's Agent
Michael Pittman
Compass
Buyer's Agent
Dipali Patel
HomeSmart Realty Group
List Price
$260,000
Sold Price
$257,500
Premium/Discount to List
-$2,500
-0.96%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,017
Avg. Annual Appreciation
6.86%
Original Mortgage
$206,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2014
Sold by
Armentrout Daniel M and Armentrout Kimberly A
Bought by
Lavalle Nicholas J and Dewolfe Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
4.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 27, 1994
Sold by
Strickland James C and Hetman Kimberly A
Bought by
Armentrout Daniel M and Armentrout Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
8.25%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sudhakar Bharani Kumar Alapilla | $257,500 | Fidelity National Title | |
| Lavalle Nicholas J | $232,000 | Proper Title Llc | |
| Armentrout Daniel M | $157,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sudhakar Bharani Kumar Alapilla | $206,000 | |
| Previous Owner | Lavalle Nicholas J | $185,600 | |
| Previous Owner | Armentrout Daniel M | $149,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2025 08/28/25 | Rented | $2,650 | 0.0% | -- | |
| 07/25/2025 07/25/25 | Price Changed | $2,650 | -5.4% | -- | |
| 06/24/2025 06/24/25 | For Rent | $2,800 | 0.0% | -- | |
| 10/30/2020 10/30/20 | Sold | $257,500 | -1.0% | -- | View Prior Sale |
| 08/30/2020 08/30/20 | Pending | -- | -- | -- | |
| 08/29/2020 08/29/20 | For Sale | $260,000 | -- | -- |
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 | $7,555 | $25,521 | $4,000 | $21,521 |
| 2023 | $7,309 | $25,521 | $4,000 | $21,521 |
| 2022 | $7,309 | $25,521 | $4,000 | $21,521 |
| 2021 | $6,819 | $20,995 | $1,474 | $19,521 |
| 2020 | $5,724 | $20,995 | $1,474 | $19,521 |
| 2019 | $5,722 | $23,380 | $1,474 | $21,906 |
| 2018 | $5,487 | $21,093 | $1,326 | $19,767 |
| 2017 | $5,402 | $21,093 | $1,326 | $19,767 |
| 2016 | $5,273 | $21,093 | $1,326 | $19,767 |
| 2015 | $5,285 | $17,200 | $1,216 | $15,984 |
| 2014 | $4,441 | $17,200 | $1,216 | $15,984 |
| 2013 | $4,309 | $17,200 | $1,216 | $15,984 |
Source: Public Records
Agents Affiliated with this Home
-
Vaseekaran Janarthanam
-
David Lempa
Tenant's Agent in 2025
David Lempa
RE/MAX Suburban
(847) 533-1918
158 Total Sales
-
M
Seller's Agent in 2020
Michael Pittman
Compass
-
Dipali Patel
Buyer's Agent in 2020
Dipali Patel
HomeSmart Realty Group
(815) 600-0415
1 in this area
127 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12402665
APN: 02-23-101-139-0000
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