Excellent investment opportunity!! This property comes with a current lease in place through October, providing immediate rental income for the new owner or ability to have a quick close with later move in date for non-investor buyer (call LA for other tenant options as well). This inviting home offers four bedrooms and 2.1 baths, all styled in neutral tones for a timeless look. Standout features include a vaulted beamed ceiling with skylights, a California floating staircase, and a striking floor-to-ceiling brick fireplace with a raised hearth. The kitchen is designed for both function and style, with raised panel maple cabinetry, soft-close drawers, stainless steel appliances, hardwood floors, and a prep island that adds extra storage. Upstairs, the friendly Jack and Jill bathroom comes with separate vanities. A fourth bedroom on the main level makes a perfect office or study space. Step outside to an oversized, fenced backyard with a new 6' cedar privacy fence. Enjoy the paver brick patio and firepit - ideal for gatherings and relaxing evenings. Located in the welcoming Pepper Tree Farms neighborhood, this home is just a short 6-minute walk to Lincoln Elementary School!! Welcome Home~
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$490,000
1042 N Thackeray Dr, Palatine, IL 60067
4beds
2,275sqft
Single Family Residence
Built in 1971
9,976 Square Feet Lot
$511,800 Zestimate®
$215/sqft
$3,879 Estimated rent
Home value
$511,800
$461,000 - $568,000
$3,879/mo
Zestimate® history
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$3,879/mo
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$3,879/mo
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$3,479/mo
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$3,479/mo
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List your homeWhat's special
Prep islandOversized fenced backyardCalifornia floating staircaseHardwood floorsStainless steel appliancesPaver brick patioRaised panel maple cabinetry
Zillow last checked:
Listing updated:
Listed by:
Dena Furlow (630)778-5800,
Keller Williams Infinity
Bought with:
Grigory Pekarsky
Vesta Preferred LLC
Source: MRED as distributed by MLS GRID,MLS#: 12404682
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Foyer, Walk In Closet
Primary bedroom
- Features: Flooring (Carpet), Window Treatments (Curtains/Drapes), Bathroom (Full, Shower Only)
- Level: Second
- Area: 285 Square Feet
- Dimensions: 19X15
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (Curtains/Drapes)
- Level: Second
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 3
- Features: Flooring (Carpet), Window Treatments (Curtains/Drapes)
- Level: Second
- Area: 121 Square Feet
- Dimensions: 11X11
Bedroom 4
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13X10
Dining room
- Features: Flooring (Marble), Window Treatments (Curtains/Drapes)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Family room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16X15
Foyer
- Features: Flooring (Hardwood), Window Treatments (Curtains/Drapes)
- Level: Main
- Area: 126 Square Feet
- Dimensions: 21X6
Kitchen
- Features: Kitchen (Eating Area-Table Space, Island, Pantry-Closet, Updated Kitchen), Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Laundry
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9X9
Living room
- Features: Flooring (Carpet), Window Treatments (Curtains/Drapes)
- Level: Main
- Area: 270 Square Feet
- Dimensions: 18X15
Walk in closet
- Features: Flooring (Carpet)
- Level: Second
- Area: 70 Square Feet
- Dimensions: 10X7
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Humidifier
- Laundry: Main Level, Gas Dryer Hookup
Features
- Cathedral Ceiling(s), 1st Floor Bedroom, Beamed Ceilings, Open Floorplan
- Flooring: Hardwood
- Windows: Skylight(s)
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 2,275 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Fire Pit
- Fencing: Fenced
Lot
- Size: 9,976 Square Feet
- Dimensions: 86 X 116
- Features: Corner Lot, Landscaped
Details
- Parcel number: 02111130210000
- Special conditions: None
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1971
- Major remodel year: 2013
Details
- Builder model: CONTEMPORARY
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
- Subdivision: Pepper Tree Farms
HOA
- Services included: None
Location
- Region: Palatine
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $359,000
- Annual tax amount: $10,628
- Date on market: 7/3/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $490,000-4.9%$215/sqft |
Source:  MRED as distributed by MLS GRID #12404682 Report a problem | ||
| 7/22/2025 | Contingent | $515,000$226/sqft |
Source: MRED as distributed by MLS GRID #12404682 Report a problem | ||
| 7/3/2025 | Listed for sale | $515,000+43.5%$226/sqft |
Source: MRED as distributed by MLS GRID #12404682 Report a problem | ||
| 10/26/2024 | Listing removed | $3,200$1/sqft |
Source: MRED as distributed by MLS GRID #12151440 Report a problem | ||
| 10/18/2024 | Price change | $3,200-5.9%$1/sqft |
Source: MRED as distributed by MLS GRID #12151440 Report a problem | ||
| 9/5/2024 | Price change | $3,400+6.3%$1/sqft |
Source: MRED as distributed by MLS GRID #12151440 Report a problem | ||
| 9/4/2024 | Listed for rent | $3,200+6.7%$1/sqft |
Source: MRED as distributed by MLS GRID #12151440 Report a problem | ||
| 12/20/2020 | Listing removed | $3,000$1/sqft |
Source: Keller Williams Infinity #10941951 Report a problem | ||
| 11/27/2020 | Listed for rent | $3,000$1/sqft |
Source: Keller Williams Infinity #10941951 Report a problem | ||
| 11/24/2020 | Sold | $359,000-2.7%$158/sqft |
Source: MRED as distributed by MLS GRID #10884370 Report a problem | ||
| 10/9/2020 | Pending sale | $369,000$162/sqft |
Source: Redfin Corporation #10884370 Report a problem | ||
| 9/28/2020 | Listed for sale | $369,000+19%$162/sqft |
Source: Redfin Corporation #10884370 Report a problem | ||
| 8/15/2013 | Sold | $310,000-8.3%$136/sqft |
Source: Public Record Report a problem | ||
| 2/19/2013 | Listed for sale | $338,000+197.8%$149/sqft |
Source: Goodchild Homes LLC #08273682 Report a problem | ||
| 12/6/2011 | Sold | $113,500$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $35,900 |
| 2023 | $10,628 +3.4% | $35,900 |
| 2022 | $10,282 +7% | $35,900 +21.3% |
| 2021 | $9,613 +13.4% | $29,599 |
| 2020 | $8,477 -0.3% | $29,599 -10.5% |
| 2019 | $8,501 -0.6% | $33,072 +6.8% |
| 2018 | $8,555 -6.7% | $30,964 -7.4% |
| 2017 | $9,165 +4.5% | $33,436 |
| 2016 | $8,773 +5.7% | $33,436 +12.8% |
| 2015 | $8,302 +1% | $29,642 |
| 2014 | $8,217 -6.3% | $29,642 |
| 2013 | $8,767 -4.8% | $29,642 -13.7% |
| 2012 | $9,210 +4.6% | $34,353 |
| 2011 | $8,806 +256.3% | $34,353 |
| 2010 | $2,472 +12.1% | $34,353 -16.2% |
| 2009 | $2,204 -5.2% | $40,976 -5% |
| 2008 | $2,326 -63.1% | $43,133 |
| 2007 | $6,297 -17.3% | $43,133 +26.5% |
| 2006 | $7,610 +31.2% | $34,102 |
| 2005 | $5,801 +5.6% | $34,102 |
| 2004 | $5,491 +8.3% | $34,102 +35.1% |
| 2003 | $5,072 +3.1% | $25,235 |
| 2002 | $4,920 +18.6% | $25,235 |
| 2001 | $4,150 +1.4% | $25,235 +20.2% |
| 2000 | $4,093 +2.1% | $20,986 |
| 1999 | $4,010 | $20,986 |
Find assessor info on the county website
Neighborhood: 60067
Nearby homes
- $487,9003 bd2 ba2.2k sqft1050 N Thackeray Dr, Palatine, IL 60067Off Market
- $542,5004 bd2 ba2.7k sqft104 E Cunningham Dr, Palatine, IL 60067Off Market
- $489,0004 bd3 ba2.3k sqft1056 N Thackeray Dr, Palatine, IL 60067Sold
- $477,9004 bd2 ba1.6k sqft101 E Pepper Tree Dr, Palatine, IL 60067Off Market
- $560,1004 bd2 ba2.4k sqft94 E Cunningham Dr, Palatine, IL 60067Off Market
- $557,7004 bd2 ba2.2k sqft1041 N Thackeray Dr, Palatine, IL 60067Off Market
- $525,9004 bd2 ba2.4k sqft1049 N Thackeray Dr, Palatine, IL 60067Off Market
- $409,2003 bd2 ba1.2k sqft115 E Cunningham Dr, Palatine, IL 60067Off Market
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Walter R Sundling Jr High SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Palatine High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary School
- Middle: Walter R Sundling Middle School
- High: Palatine High School
- District: 15
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$511,800
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Estimated market value
$511,800
- Illinois
- Cook County
- Palatine
- 60067
- 1042 N Thackeray Dr
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