
390 W Mahogany Ct Unit 406 Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated payment $2,428/month
Highlights
- Very Popular Property
- 4-minute walk to Palatine Station
- Balcony
- Plum Grove Jr High School Rated A-
- Wood Flooring
- Living Room
About This Home
Stylish 2-Bed, 2-Bath Condo in Prime Downtown Palatine Location! Enjoy the best of suburban living in this beautifully updated 4th-floor condo, perfectly situated within walking distance to downtown Palatine's vibrant restaurants, bars, shopping, forest preserves, and the Metra Station. Commuters will love the easy access to nearby expressways. This spacious unit features two bedrooms and two full bathrooms, plus a versatile bonus room currently used as a formal dining area-ideal for entertaining or converting into a home office. Recent upgrades include brand-new plush carpeting, durable LifeProof luxury vinyl flooring, a Bosch dishwasher, and an LG washer and dryer for your in-unit laundry convenience. The primary bathroom boasts a new modern glass shower door, adding a fresh and luxurious touch. Additional features include 1 indoor heated garage parking space (#3), a private storage unit, all within a well-maintained, secure building. This move-in-ready condo offers comfort, style, and an unbeatable location. Don't miss this opportunity to live just steps from everything Palatine has to offer!
Last Listed By
@properties Christie's International Real Estate License #475145366 Listed on: 05/28/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,610
Year Built
- Built in 2001
HOA Fees
- $534 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,380 Sq Ft Home
- Window Screens
- Family Room
- Living Room
- Dining Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
Schools
- Stuart R Paddock Elementary Scho
- Plum Grove Middle School
- Wm Fremd High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, security, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 60 Units
- Customer Care Association, Phone Number (847) 490-3833
- The Groves Of Palatine Subdivision
- Property managed by Associa Chicagoland
- 6-Story Property
Amenities
- Community Storage Space
- Elevator
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,430 | $18,888 | $145 | $18,743 |
2023 | $4,430 | $18,888 | $145 | $18,743 |
2022 | $4,430 | $18,888 | $145 | $18,743 |
2021 | $4,130 | $16,048 | $84 | $15,964 |
2020 | $4,142 | $16,048 | $84 | $15,964 |
2019 | $5,122 | $17,860 | $84 | $17,776 |
2018 | $4,602 | $14,807 | $78 | $14,729 |
2017 | $4,515 | $14,807 | $78 | $14,729 |
2016 | $4,198 | $14,807 | $78 | $14,729 |
2015 | $4,448 | $14,476 | $72 | $14,404 |
2014 | $4,624 | $15,236 | $72 | $15,164 |
2013 | $4,506 | $15,236 | $72 | $15,164 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/28/2025 05/28/25 | For Sale | $269,900 | +60.7% | $196 / Sq Ft |
08/15/2019 08/15/19 | Sold | $168,000 | -9.2% | $122 / Sq Ft |
07/10/2019 07/10/19 | Pending | -- | -- | -- |
06/10/2019 06/10/19 | Price Changed | $185,000 | -7.5% | $134 / Sq Ft |
12/02/2018 12/02/18 | For Sale | $199,900 | -- | $145 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $168,000 | Heritage Title Company | |
Special Warranty Deed | $269,500 | Chicago Title Insurance Comp |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $35,000 | Credit Line Revolving | |
Open | $137,250 | New Conventional | |
Closed | $134,400 | New Conventional | |
Previous Owner | $215,300 | Fannie Mae Freddie Mac |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12374167

APN: 02-15-301-058-1206
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