
705 W Hillcrest Rd Palatine, IL 60074
South Barrington NeighborhoodHighlights
- Wooded Lot
- Farmhouse Style Home
- Living Room
- Palatine High School Rated A
- Patio
- Laundry Room
About This Home
As of May 2025ATTENTION BUILDERS! Short Sale opportunity! Check out this fantastic lot perfect for a custom spot build or custom build to suit! Located in a prime area with new homes nearby, this beautiful lot is almost 1/2 acre. PRIME LOCATION just a block from Deer Park, where you'll find shopping, dining, theater, businesses, and much more. Only minutes to major roads for an easy commute to O'Hare Airport. Working Downtown Chicago? The Palatine Metra Station is 3.6 miles! Where you will also find the convenience of all that downtown Palatine has to offer. Shopping, dining, farmers market, and all the fantastic festivals Palatine has to offer. If it is outdoor enjoyment you seek - Deer Grove Forest Preserve is just down the street. Top-Rated schools too! The current home is already connected to gas and electric. The value is in the land and the location. Imagine the possibilities. Please do not walk property without permission.
Last Agent to Sell the Property
Keller Williams Success Realty License #471010520 Listed on: 08/03/2024

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,621
Year Built
- Built in 1956
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 100x195
- Paved or Partially Paved Lot
- Level Lot
- Wooded Lot
- Tear Down
Parking
- 2 Car Garage
- Driveway
Home Design
- Farmhouse Style Home
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,976 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
Schools
- Lincoln Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Well
- Septic Tank
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in Palatine, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $215,000 | None Listed On Document | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Attorneys Title Guaranty Fun |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $35,000 | Unknown |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/05/2025 05/05/25 | Sold | $215,000 | 0.0% | $109 / Sq Ft |
02/25/2025 02/25/25 | Pending | -- | -- | -- |
02/18/2025 02/18/25 | For Sale | $215,000 | 0.0% | $109 / Sq Ft |
02/11/2025 02/11/25 | Pending | -- | -- | -- |
01/20/2025 01/20/25 | Price Changed | $215,000 | -4.0% | $109 / Sq Ft |
12/17/2024 12/17/24 | Price Changed | $224,000 | -0.4% | $113 / Sq Ft |
11/08/2024 11/08/24 | Price Changed | $225,000 | -10.0% | $114 / Sq Ft |
10/24/2024 10/24/24 | Price Changed | $250,000 | -7.4% | $127 / Sq Ft |
07/26/2024 07/26/24 | For Sale | $270,000 | -- | $137 / Sq Ft |
Tax History Compared to Growth
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 | $6,621 | $37,000 | $11,820 | $25,180 |
2023 | $6,608 | $37,000 | $11,820 | $25,180 |
2022 | $6,608 | $37,000 | $11,820 | $25,180 |
2021 | $7,297 | $31,352 | $6,895 | $24,457 |
2020 | $6,696 | $31,352 | $6,895 | $24,457 |
2019 | $6,635 | $34,914 | $6,895 | $28,019 |
2018 | $7,202 | $32,723 | $6,402 | $26,321 |
2017 | $6,942 | $32,723 | $6,402 | $26,321 |
2016 | $7,431 | $32,723 | $6,402 | $26,321 |
2015 | $8,458 | $32,026 | $5,910 | $26,116 |
2014 | $8,717 | $33,910 | $5,910 | $28,000 |
2013 | $8,141 | $33,910 | $5,910 | $28,000 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Victoria Suthers
Keller Williams Success Realty
(847) 494-0257
1 in this area
84 Total Sales
-
Buyer's Agent in 2025
Iryna Kerch
Core Realty & Investments Inc.
(872) 235-9736
1 in this area
78 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12122649

APN: 02-03-102-002-0000
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