311 E Illinois Ave Palatine, IL 60067
Plum Grove Village NeighborhoodEstimated Value: $1,004,899
Studio
--
Bath
--
Sq Ft
41,382
Sq Ft Lot
About This Home
This home is located at 311 E Illinois Ave, Palatine, IL 60067 and is currently estimated at $1,004,899. 311 E Illinois Ave is a home located in Cook County with nearby schools including Central Road Elementary School, Plum Grove Jr High School, and William Fremd High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2015
Sold by
Vosnik Partners Lp
Bought by
311 Illinois Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$423,258
Interest Rate
3.93%
Mortgage Type
Commercial
Estimated Equity
$581,641
Purchase Details
Closed on
Jan 14, 1999
Sold by
Vosmik Joseph F and Vosmik Karen A
Bought by
Vosmik Partners Lp
Purchase Details
Closed on
Jul 19, 1996
Sold by
Vosmik Joseph
Bought by
Vosmik Joseph F and Vosmik Karen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.18%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 17, 1995
Sold by
Dorle Realty Corp
Bought by
Vosmik Joseph
Purchase Details
Closed on
May 8, 1989
Sold by
Molon Motor & Coil Corp
Bought by
Dorle Realty Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 311 Illinois Llc | $675,000 | Git | |
| Vosmik Partners Lp | -- | -- | |
| Vosmik Joseph F | -- | 1St American Title | |
| Vosmik Joseph | $210,000 | -- | |
| Dorle Realty Corp | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 311 Illinois Llc | $540,000 | |
| Previous Owner | Vosmik Joseph F | $300,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $22,318 | $121,100 | $42,000 | $79,100 |
| 2024 | $22,318 | $75,389 | $25,200 | $50,189 |
| 2023 | $21,591 | $75,389 | $25,200 | $50,189 |
| 2022 | $21,591 | $75,389 | $25,200 | $50,189 |
| 2021 | $27,268 | $83,959 | $25,200 | $58,759 |
| 2020 | $26,860 | $83,959 | $25,200 | $58,759 |
| 2019 | $24,078 | $83,959 | $25,200 | $58,759 |
| 2018 | $23,263 | $74,857 | $14,700 | $60,157 |
| 2017 | $22,823 | $74,857 | $14,700 | $60,157 |
| 2016 | $20,615 | $72,706 | $36,750 | $35,956 |
| 2015 | $51,997 | $169,233 | $34,125 | $135,108 |
| 2014 | $51,365 | $169,233 | $34,125 | $135,108 |
| 2013 | $50,052 | $169,233 | $34,125 | $135,108 |
Source: Public Records
Map
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