Updated 2 Story Townhome style Condo in Buffalo Grove- Welcome Home! Kitchen with Quartz countertops and all stainless-steel appliances. Beautifully refinished hardwood floors, popular LVT flooring, carpet and freshly painted throughout! 2 Car attached garage. Close to all accommodations including schools, parks, shops, restaurants and more!
Closed
$385,000
2505 Palazzo Dr, Buffalo Grove, IL 60089
2beds
1,596sqft
Townhouse, Single Family Residence
Built in 1995
-- sqft lot
$424,500 Zestimate®
$241/sqft
$3,058 Estimated rent
Home value
$424,500
$403,000 - $446,000
$3,058/mo
Zestimate® history
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$3,264/mo
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$3,264/mo
Est. payment
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Quartz countertopsLvt flooringRefinished hardwood floorsStainless-steel appliances
Zillow last checked:
Listing updated:
Listed by:
Stephen Zidek 630-423-7989,
Grandview Realty LLC,
Christopher Lobrillo, SRES,
Grandview Realty, LLC
Bought with:
Michael Xu
RE/MAX Suburban
Source: MRED as distributed by MLS GRID,MLS#: 12445820
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Eating Area, Foyer, Bonus Room, Loft, Walk In Closet
Primary bedroom
- Features: Flooring (Carpet)
- Level: Second
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 110 Square Feet
- Dimensions: 11X10
Bonus room
- Features: Flooring (Carpet)
- Level: Second
- Area: 48 Square Feet
- Dimensions: 8X6
Eating area
- Features: Flooring (Hardwood)
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10X9
Foyer
- Features: Flooring (Other)
- Level: Main
- Area: 35 Square Feet
- Dimensions: 7X5
Kitchen
- Features: Flooring (Hardwood)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15X13
Loft
- Features: Flooring (Other)
- Level: Second
- Area: 132 Square Feet
- Dimensions: 12X11
Walk in closet
- Features: Flooring (Carpet)
- Level: Second
- Area: 66 Square Feet
- Dimensions: 11X6
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,596 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Site, Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 15212100230000
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Single Family Residence
Materials
- Vinyl Siding, Other
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Tenerife
HOA
- Has HOA: Yes
- Services included: Other
- HOA fee: $323 monthly
Location
- Region: Buffalo Grove
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $332,778
- Annual tax amount: $7,667
- Date on market: 8/14/2025
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Sold | $385,000-6.1%$241/sqft |
Source:  MRED as distributed by MLS GRID #12445820 Report a problem | ||
| 10/2/2025 | Contingent | $409,900$257/sqft |
Source: MRED as distributed by MLS GRID #12445820 Report a problem | ||
| 9/17/2025 | Listed for sale | $409,900+37.1%$257/sqft |
Source: MRED as distributed by MLS GRID #12445820 Report a problem | ||
| 8/20/2025 | Sold | $299,000-27.1%$187/sqft |
Source: Public Record Report a problem | ||
| 8/20/2025 | Contingent | $409,900$257/sqft |
Source: MRED as distributed by MLS GRID #12445820 Report a problem | ||
| 8/14/2025 | Listed for sale | $409,900+23.1%$257/sqft |
Source: MRED as distributed by MLS GRID #12445820 Report a problem | ||
| 8/7/2001 | Sold | $333,000+86.6%$209/sqft |
Source: Public Record Report a problem | ||
| 9/28/1995 | Sold | $178,500$112/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,668 -3.8% | $121,189 +9.3% |
| 2023 | $7,968 -4.6% | $110,915 +6% |
| 2022 | $8,351 +2.5% | $104,657 +3.4% |
| 2021 | $8,150 +2.2% | $101,213 +0.7% |
| 2020 | $7,971 -2.9% | $100,464 +0.4% |
| 2019 | $8,205 +0.1% | $100,094 +0.3% |
| 2018 | $8,198 | $99,790 -1.5% |
| 2017 | $8,198 +6.5% | $101,318 +4.4% |
| 2016 | $7,701 -5.6% | $97,020 +6.9% |
| 2015 | $8,156 +2.3% | $90,732 -2.8% |
| 2014 | $7,973 +3% | $93,332 -0.2% |
| 2012 | $7,744 +7.8% | $93,519 -13.1% |
| 2011 | $7,185 +7.9% | $107,666 +5.5% |
| 2010 | $6,657 -2.7% | $102,016 -5.3% |
| 2009 | $6,843 +14.6% | $107,669 +11.1% |
| 2008 | $5,974 +6% | $96,902 +2.7% |
| 2006 | $5,635 -1% | $94,338 |
| 2005 | $5,694 +7.6% | -- |
| 2004 | $5,292 +7.3% | -- |
| 2003 | $4,930 +8.8% | -- |
| 2002 | $4,533 +5.5% | -- |
| 2001 | $4,296 +5.9% | $73,086 +8.7% |
| 2000 | $4,058 | $67,239 |
Find assessor info on the county website
Neighborhood: 60089
Nearby homes
- $393,300-- bd2 ba715 sqft2503 Palazzo Dr, Buffalo Grove, IL 60089Off Market
- $476,1003 bd2 ba1.8k sqft2501 Palazzo Dr, Buffalo Grove, IL 60089Off Market
- $457,0003 bd2 ba1.8k sqft2507 Palazzo Dr, Buffalo Grove, IL 60089Off Market
- $570,3004 bd3 ba2k sqft2469 Madiera Ln, Buffalo Grove, IL 60089Off Market
- $412,0003 bd3 ba1.5k sqft2467 Madiera Ln, Buffalo Grove, IL 60089Sold
- $538,2004 bd3 ba2.3k sqft2465 Madiera Ln, Buffalo Grove, IL 60089Off Market
- $403,200-- bd2 ba674 sqft2463 Madiera Ln, Buffalo Grove, IL 60089Off Market
- $575,0003 bd3 ba2.3k sqft2461 Madiera Ln, Buffalo Grove, IL 60089Sold
Nearby schools
GreatSchools rating
- 10/10Half Day SchoolGrades: 3-5Distance: 0.6 mi
- 9/10Daniel Wright Jr High SchoolGrades: 6-8Distance: 2.2 mi
- 9/10Adlai E Stevenson High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: 103
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
$424,500
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Estimated market value
$424,500
- Illinois
- Lake County
- Buffalo Grove
- 60089
- 2505 Palazzo Dr
Nearby cities
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