$500,000
SOLD JUN 5, 2026

87 E Preserve Dr Palatine, IL 60074

3 Beds
3.5 Baths
1,842 Sq Ft
2013 Built

Sale Details

Date Sold: June 5, 2026

$271 Per Sq Ft

4% Above List Price

Highlights

  • Sauna
  • Landscaped Professionally
  • Property is near forest
  • Palatine High School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2026

HIGHLY UPGRADED TOWNHOME OVERLOOKING DEER GROVE FOREST PRESERVE IN DESIRABLE LEXINGTON HILLS. THE OPEN FLOORPLAN COMBINES THE LIVING ROOM, DINING ROOM AND KITCHEN. KITCHEN HIGHLIGHTS INCLUDE CUSTOM CABINETRY, STAINLESS STEEL APPLIANCES AND BREAKFAST BAR. RELAX ON THE DECK OVERLOOKING THE FOREST PRESERVE, YOUR OWN PRIVATE OASIS. UPSTAIRS, THE MASTER SUITE FEATURES TWO SEPARATE WALK-IN CLOSETS WITH CUSTOM SHELVING. THE MASTER BATH FEATURES TWO SEPARATE VANITIES AND SHOWER. TWO ADDITIONAL BEDROOMS, LAUNDRY ROOM AND UPDATED BATHROOM ROUND OUT THE SECOND FLOOR. THE LOWER LEVEL FEATURES A FLEXIBLE AREA THAT CAN BE USED AS AN OFFICE, PLAY SPACE OR EXERCISE ROOM. ENJOY A SPA-LIKE EXPERIENCE IN THE BASEMENT STEAM SHOWER AND SAUNA. NEW HARDWOOD FLOORS THROUGHOUT. CONVENIENTLY LOCATED TO SHOPPING AND ENTERTAINMENT IN DEER PARK.

Last Agent to Sell the Property

Diana Marcus

@properties Christie's International Real Estate License #475164893 Listed on: 05/04/2026

@properties Christie's International Real Estate

Co-Listed By

Rebecca Pesche

@properties Christie's International Real Estate License #475132979

Last Buyer's Agent

Lori Rowe

Coldwell Banker Realty License #475134720

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,883

Year Built

  • Built in 2013

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Sauna

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Schools

  • Lincoln Elementary School
  • Walter R Sundling Middle School
  • Palatine High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Landscaped Professionally
  • Property is near forest

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include lawn care, snow removal
  • Jeffrey Madigan Association, Phone Number (847) 806-6121
  • Lexington Hills Subdivision
  • Property managed by Property Specialists

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,883

Year Built

Built in 2013

Lot Details

0 Sq Ft Lot

HOA Fees

$321 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Lexington Hills
  • Year Built: 2013
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Sauna, Walk-In Closet(s), Granite Counters
  • LivingArea: 1842
  • Other Equipment: Sump Pump
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Steam Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick, Frame
  • Lot Features: Forest Preserve Adjacent, Landscaped
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Upper Level
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 321
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Specialists
  • Management Contact Name: Jeffrey Madigan
  • Management Phone: 847-806-6121

Fee Information

  • Association Fee Includes: Lawn Care, Snow Removal

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Middle School

Lot Info

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

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9882.97
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2026
Closed on
Jun 9, 2026
Sold by
Bought by
Seller's Agent
Diana Marcus
@properties Christie's International Real Estate
Buyer's Agent
Lori Rowe
Coldwell Banker Realty
List Price
$479,900
Sold Price
$500,000
Premium/Discount to List
$20,100
4.19%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.40%
Original Mortgage
$100,000
Outstanding Balance
$100,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$390,668

Purchase Details

Closed on
Aug 2, 2024
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,176
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $500,000 Chicago Title
Quit Claim Deed -- Chicago Title
Special Warranty Deed $321,500 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $289,176 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2026 06/05/26 Sold $500,000 +4.2% $271 / Sq Ft
05/07/2026 05/07/26 Pending -- -- --
05/04/2026 05/04/26 For Sale $479,900 -- $261 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,380 $41,001 $3,599 $37,402
2024 $9,380 $35,000 $6,500 $28,500
2023 $9,044 $35,000 $6,500 $28,500
2022 $9,044 $35,000 $6,500 $28,500
2021 $8,190 $28,548 $1,319 $27,229
2020 $8,141 $28,548 $1,319 $27,229
2019 $8,195 $32,005 $1,319 $30,686
2018 $7,928 $28,946 $1,199 $27,747
2017 $7,796 $28,946 $1,199 $27,747
2016 $7,499 $28,946 $1,199 $27,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12636933

Midwest Real Estate Data (MRED)

APN: 02-02-105-022-0000

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