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Sold for $325,000
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  • $325,000

    523 E Colfax St, Palatine, IL 60074

    2beds
    1,064sqft
    SingleFamily
    Built in 1956
    9,801 Square Feet Lot
    $342,900 Zestimate®
    $305/sqft
    $2,336 Estimated rent

    Home value

    $342,900

    $309,000 - $384,000

    $2,336/mo

    Zestimate® history
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    Rent Zestimate®

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    What's special

    523 E Colfax St, Palatine, IL 60074 is a single family home that contains 1,064 sq ft and was built in 1956. It contains 2 bedrooms and 1 bathroom. This home last sold for $325,000 in July 2025. The Zestimate for this house is $342,900. The Rent Zestimate for this home is $2,336/mo.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Features
    • Flooring: Hardwood, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 1,064 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 9,801 Square Feet
    Details
    • Parcel number: 0214400041

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1956

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Palatine

    Financial & listing details

    • Price per square foot: $305/sqft
    • Tax assessed value: $210,000

    Price history

    DateEventPrice
    7/24/2025Sold$325,000+78.6%$305/sqft
    Source: Public Record Report a problem
    7/30/2020Sold$182,000+1.2%$171/sqft
    Source: Public Record Report a problem
    5/7/2020Listed for sale$179,900$169/sqft
    Source: Four Daughters Real Estate #10704497 Report a problem
    2/18/2020Pending sale$179,900$169/sqft
    Source: Four Daughters Real Estate #10631708 Report a problem
    2/16/2020Price change$179,900-5.3%$169/sqft
    Source: Four Daughters Real Estate #10631708 Report a problem
    2/8/2020Listed for sale$189,900-5.3%$178/sqft
    Source: Four Daughters Real Estate #10631708 Report a problem
    6/16/2003Sold$200,500$188/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $21,000
    2023$5,236 +4%$21,000
    2022$5,035 -9%$21,000 +3.1%
    2021$5,533 +0.2%$20,367
    2020$5,523 +0%$20,367 -10.2%
    2019$5,521 +10%$22,681 +15.8%
    2018$5,021 +1.5%$19,591
    2017$4,944 +2%$19,591
    2016$4,847 +10.5%$19,591 +15.9%
    2015$4,387 +0.8%$16,901
    2014$4,350 +3.1%$16,901
    2013$4,221 -16.5%$16,901 -20.8%
    2012$5,055 +2%$21,350
    2011$4,955 +17.9%$21,350
    2010$4,203 -17.1%$21,350 -23.6%
    2009$5,069 +18%$27,939 -5%
    2008$4,296 +18.5%$29,409
    2007$3,625 +7.1%$29,409 +32.9%
    2006$3,384 +3.2%$22,124
    2005$3,279 +6.9%$22,124
    2004$3,066 -0.2%$22,124 +40.8%
    2003$3,071 +3.3%$15,711
    2002$2,974 +13.7%$15,711
    2001$2,616 +1.5%$15,711 +15.8%
    2000$2,577 +2.1%$13,563
    1999$2,525 $13,563
    Find assessor info on the county website

    Neighborhood: 60074

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Winston Campus-Elementary
    • Middle: Winston Campus-Junior High
    • High: Palatine High School

    Source: The MLS. 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
    $342,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $342,900