40 E Palatine Rd Palatine, IL 60067
Downtown Palatine Neighborhood
4
Beds
2
Baths
7,200
Sq Ft
17,860
Sq Ft Lot
About This Home
This home is located at 40 E Palatine Rd, Palatine, IL 60067. 40 E Palatine Rd is a home located in Cook County with nearby schools including Gray M Sanborn Elementary School, Walter R. Sundling Junior High School, and Palatine High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2009
Sold by
Kim John J
Bought by
People Of The State Of Illinois Departme
Purchase Details
Closed on
Feb 7, 2008
Sold by
Palatine Road Mall Llc
Bought by
Kim John J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 20, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Palatine Road Mall Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.2%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| People Of The State Of Illinois Departme | $149,300 | None Available | |
| Kim John J | $860,000 | Cti | |
| Palatine Road Mall Llc | $790,000 | Nat |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kim John J | $520,000 | |
| Previous Owner | Palatine Road Mall Llc | $525,000 |
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 | $75,259 | $197,000 | $52,949 | $144,051 |
| 2024 | $75,259 | $254,210 | $61,095 | $193,115 |
| 2023 | $72,807 | $254,210 | $61,095 | $193,115 |
| 2022 | $72,807 | $254,210 | $61,095 | $193,115 |
| 2021 | $65,929 | $203,000 | $61,095 | $141,905 |
| 2020 | $64,944 | $203,000 | $61,095 | $141,905 |
| 2019 | $72,883 | $254,135 | $61,095 | $193,040 |
| 2018 | $89,542 | $288,131 | $37,675 | $250,456 |
| 2017 | $87,849 | $288,131 | $37,675 | $250,456 |
| 2016 | $81,698 | $288,131 | $37,675 | $250,456 |
| 2015 | $88,528 | $288,130 | $33,602 | $254,528 |
| 2014 | $87,452 | $288,130 | $33,602 | $254,528 |
| 2013 | $85,217 | $288,130 | $33,602 | $254,528 |
Source: Public Records
Map
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