$370,000
SOLD JUN 30, 2025
2 Beds
2 Baths
1,285 Sq Ft
$456/mo HOA Fee

Recently Sold

$288 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Party Room
  • Sundeck
  • Stainless Steel Appliances
  • Palatine High School Rated A
  • Elevator
  • 5-minute walk to Towne Square

About This Home

As of June 2025

Luxury 2-bedroom, 2 bathroom condo located conveniently in the heart of downtown Palatine. Walk to the Metra line, farmers' market, parks, restaurants, and shopping. The new Chicago Bears stadium will be just over 2.5 miles away, and will be visible directly from the east-facing, private balcony off the living room. You can also see the Chicago skyline! The kitchen boasts a Sub-Zero refrigerator, stainless steel appliances, breakfast bar, and granite counters. Gorgeous wood floors are throughout the main living space. The primary suite features a spacious walk-in closet and ensuite bathroom. A 2nd bedroom, full guest bathroom, and in-unit laundry room with washer, dryer, utility sink, and plentiful cabinet and wall storage complete the space. Also included with this unit are 2 garage spaces with 2 additional storage closets. These spaces, #8 and 9, are located directly off the main level and are normally reserved for penthouse units. The building offers access to a private party room and sun terrace for residents. Schedule your showing today!

Last Agent to Sell the Property

Tina Lutzke

Coldwell Banker Realty License #475145439 Listed on: 05/24/2025

Coldwell Banker Realty

Last Buyer's Agent

Grace Flatt

@properties Christie's International Real Estate License #475138222

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,562

Year Built

  • Built in 2008

HOA Fees

  • $456 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 7th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,285 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

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

Community Details

Overview

  • Association fees include water, gas, parking, insurance, tv/cable, exterior maintenance, scavenger, internet
  • 112 Units
  • Nicholas Burbulis Association, Phone Number (847) 490-3833
  • Property managed by Associa Chicagoland
  • 8-Story Property

Amenities

  • Sundeck
  • Party Room
  • Elevator

Pet Policy

  • Pets up to 40 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,562

Year Built

Built in 2008

Lot Details

0

HOA Fees

$456 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 7
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2008
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1285
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 364900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Electric, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 456
  • Association Amenities: Elevator(s), Storage, Party Room, Sundeck
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Nicholas Burbulis
  • Management Phone: 847-490-3833

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Internet

Schools

  • Elementary School: Gray M Sanborn Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Middle School
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 6562.42
  • Tax Year: 2023

Multi Family

  • Units in Building: 112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2025
Closed on
Jun 26, 2025
Sold by
Fox Jeffrey R
Bought by
Karahalios Kevin
Seller's Agent
Tina Lutzke
Coldwell Banker Realty
Buyer's Agent
Grace Flatt
@properties Christie's International Real Estate
List Price
$364,900
Sold Price
$370,000
Premium/Discount to List
$5,100
1.4%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.94%
Original Mortgage
$296,000
Outstanding Balance
$295,451
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$69,530

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 2, 2022
Sold by
Menotti Ralph and Menotti Laura
Bought by
Fox Jeffrey R
Seller's Agent
Evan Reynolds
eXp Realty
Buyer's Agent
Tina Lutzke
Coldwell Banker Realty
List Price
$335,000
Sold Price
$334,000
Premium/Discount to List
-$1,000
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$267,200
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 3, 2007
Sold by
Hummel Development Group Llc
Bought by
Menotti Ralph and Menotti Laura
Source: Public Records

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Range of Values:

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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
Warranty Deed $370,000 Chicago Title Company
Warranty Deed $334,000 First American Title
Special Warranty Deed $371,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,000 New Conventional
Previous Owner $267,200 Balloon
Previous Owner $100,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $370,000 +1.4% $288 / Sq Ft
05/26/2025 05/26/25 Pending -- -- --
05/24/2025 05/24/25 For Sale $364,900 +9.3% $284 / Sq Ft
09/15/2022 09/15/22 Sold $334,000 -0.3% --
07/13/2022 07/13/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $335,000 -- --
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 $6,562 $25,484 $298 $25,186
2023 $7,298 $25,484 $298 $25,186
2022 $7,298 $25,484 $298 $25,186
2021 $7,055 $21,723 $173 $21,550
2020 $6,950 $21,723 $173 $21,550
2019 $6,933 $24,174 $173 $24,001
2018 $5,465 $17,586 $161 $17,425
2017 $5,362 $17,586 $161 $17,425
2016 $4,986 $17,586 $161 $17,425
2015 $5,009 $16,302 $137 $16,165
2014 $4,948 $16,302 $137 $16,165
2013 $4,822 $16,302 $137 $16,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12373856

Midwest Real Estate Data (MRED)

APN: 02-15-424-012-1087