$200,000
SOLD JUL 30, 2025
0.23 Acre
$869,565 Price per Acre
10,019 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

15% Below List Price

80 Days on Market

Highlights

  • Waterfront
  • Plum Grove Jr High School Rated A-
  • 3-minute walk to Cedar Park

About This Lot

As of July 2025

REDEVELOPEMENT POTENTIAL for Multi-Family or Rentals. 110 Feet of Frontage X 90' deep. Noted on Palatine's 2004 Downtown Land Use Guide for Multi-Family Townhomes/Rental. Tranquil Creek in the rear of the property lends itself to a peaceful rear yard setting. Topographic Survey of site is available. Sanitary Sewer, Palatine Water & Storm Sewer are located in Johnson Street. ADD the Property currently listed to the East for an additional 132' of frontage (currently Listed on MLS) The Value is in the LAND. BIG 110 feet Wide X 90' deep Lot. Many potential Ideas: Make it a Triplex or Duplex with an Income Rental Units, build an apartment building and live in one of the units. The LOT IS BIG & WIDE. Existing House is on the left and the Big side yard on the right is all in the property. Village will approve Multi-Units. As Noted on Palatine's 2004 Downtown Land Use Guide for Multi-Family Townhomes/Rental. See Survey of site in Addition Information Box. Sanitary Sewer, Palatine Water & Storm Sewer are all located in Johnson Street.

Last Agent to Sell the Property

Gary Wronkiewicz

The Stonefield Group, Inc. License #471006948 Listed on: 04/14/2025

Last Buyer's Agent

Jose Garcia

Century 21 Circle License #475195833

Century 21 Circle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,513

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 110 x 90
  • Waterfront
  • Property is zoned SINGL

Schools

  • Stuart R Paddock Elementary Scho
  • Plum Grove Middle School
  • Wm Fremd High School

Property Details

Property Type

Land

Est. Annual Taxes

$6,513

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Development, Multi-Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 110
  • Frontage Type: City Street
  • List Price: 235000
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Water Source: Municipal Water

Schools

  • Elementary School: Stuart R Paddock Elementary Scho
  • High School: Wm Fremd High School
  • Middle/Junior School: Plum Grove Middle School
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 110 X 90
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 9900
  • Land Description: Level

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 6513.14
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
Jul 30, 2025
Sold by
Stonefield Custom Homes Llc
Bought by
Vanboven Alexandria M and Sullivan Maxwell James
Seller's Agent
Gary Wronkiewicz
The Stonefield Group, Inc.
Buyer's Agent
Jose Garcia
Century 21 Circle
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%
Views
964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
746.92%
Original Mortgage
$160,000
Outstanding Balance
$160,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$77,278

Purchase Details

Closed on
Aug 5, 2008
Sold by
First Bank & Trust Co Of Illinois
Bought by
Stonefield Custom Homes Llc

Purchase Details

Closed on
May 3, 2001
Sold by
The Salvation Army
Bought by
Hanley Jacquelyn
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $200,000 Cambridge Title
Deed $160,000 Pntn
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Previous Owner $15,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $200,000 -14.9% $260 / Sq Ft
07/03/2025 07/03/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $235,000 0.0% $306 / Sq Ft
04/12/2018 04/12/18 Rented $1,185 0.0% --
04/06/2018 04/06/18 For Rent $1,185 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2024 $6,513 $22,000 $5,940 $16,060
2023 $6,301 $22,000 $5,940 $16,060
2022 $6,301 $22,000 $5,940 $16,060
2021 $5,306 $16,339 $3,465 $12,874
2020 $5,227 $16,339 $3,465 $12,874
2019 $5,218 $18,195 $3,465 $14,730
2018 $5,224 $16,811 $3,217 $13,594
2017 $5,126 $16,811 $3,217 $13,594
2016 $4,767 $16,811 $3,217 $13,594
2015 $4,412 $14,359 $2,970 $11,389
2014 $4,358 $14,359 $2,970 $11,389
2013 $4,247 $14,359 $2,970 $11,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12337570

Midwest Real Estate Data (MRED)

APN: 02-22-201-067-0000