Beautiful Banbury Lane Colonial. This lovingly cared for home has everything you are looking for. The updated kitchen has maple cabinets and under cabinet lighting with a huge table area. The primary bedroom has an updated bathroom and large walk in closet. This home boasts a first floor laundry room and oversized two car garage. The separate dining room has plenty of room for entertaining. The cozy family room is adorned with a gas log fireplace. All the bedrooms have beautiful refinished hardwood floors and newer Marvin windows. The finished basement has plenty of storage, a dry bar, bar refrigerator, play area and office. You will love the professionally landscaped back yard with a substantial paver brick patio. Plus, this home has leaf filter gutter guards to make your home maintenance a breeze. Everyone will appreciate the location that is close to shopping entertainment and everything Palatine has to offer.
Closed
$580,000
562 E Carpenter Dr, Palatine, IL 60074
4beds
2,090sqft
Single Family Residence
Built in 1968
10,752 Square Feet Lot
$583,200 Zestimate®
$278/sqft
$3,600 Estimated rent
Home value
$583,200
$531,000 - $642,000
$3,600/mo
Zestimate® history
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$4,247/mo
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List your homeWhat's special
First floor laundry roomOversized two car garageSubstantial paver brick patioNewer marvin windows
Zillow last checked:
Listing updated:
Listed by:
Sandie Bobus 847-571-8633,
Coldwell Banker Realty
Bought with:
Kim Alden
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12695398
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Recreation Room, Eating Area, Foyer, Office, Walk In Closet
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (Blinds), Bathroom (Full)
- Level: Second
- Area: 294 Square Feet
- Dimensions: 14X21
Bedroom 2
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Second
- Area: 180 Square Feet
- Dimensions: 12X15
Bedroom 3
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Second
- Area: 156 Square Feet
- Dimensions: 12X13
Bedroom 4
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Second
- Area: 110 Square Feet
- Dimensions: 10X11
Dining room
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11X15
Eating area
- Features: Flooring (Tile), Window Treatments (Blinds)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9X12
Family room
- Features: Flooring (Parquet), Window Treatments (Blinds)
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15X15
Foyer
- Features: Flooring (Slate)
- Level: Main
- Area: 128 Square Feet
- Dimensions: 8X16
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Tile), Window Treatments (Blinds)
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9X10
Laundry
- Features: Flooring (Tile)
- Level: Main
- Area: 48 Square Feet
- Dimensions: 6X8
Living room
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 270 Square Feet
- Dimensions: 15X18
Office
- Features: Flooring (Tile)
- Level: Basement
- Area: 100 Square Feet
- Dimensions: 10X10
Recreation room
- Features: Flooring (Tile), Window Treatments (Blinds)
- Level: Basement
- Area: 828 Square Feet
- Dimensions: 23X36
Walk in closet
- Features: Flooring (Hardwood)
- Level: Second
- Area: 72 Square Feet
- Dimensions: 8X9
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Refrigerator
- Laundry: Main Level, In Unit
Features
- Dry Bar, Walk-In Closet(s)
- Flooring: Hardwood
- Doors: Storm Door(s), 6 Panel Door(s)
- Windows: Blinds
- Basement: Finished,Full
- Attic: Unfinished
- Number of fireplaces: 1
- Fireplace features: Gas Log, Family Room
Interior area
- Total structure area: 0
- Total interior livable area: 2,090 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 10,752 Square Feet
- Dimensions: 84x128
Details
- Additional structures: None
- Parcel number: 02114100390000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
- Subdivision: Banbury Lane
HOA
- Services included: None
Location
- Region: Palatine
Financial & listing details
- Price per square foot: $278/sqft
- Tax assessed value: $318,570
- Annual tax amount: $8,081
- Date on market: 7/10/2026
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Sold | $580,000+0.9%$278/sqft |
Source:  MRED as distributed by MLS GRID #12695398 Report a problem | ||
| 7/13/2026 | Contingent | $575,000$275/sqft |
Source: MRED as distributed by MLS GRID #12695398 Report a problem | ||
| 7/10/2026 | Listed for sale | $575,000$275/sqft |
Source: MRED as distributed by MLS GRID #12695398 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $31,857 +0% |
| 2023 | $7,664 -5.8% | $31,856 -7.9% |
| 2022 | $8,139 +19.5% | $34,573 +28.2% |
| 2021 | $6,812 -0.4% | $26,969 |
| 2020 | $6,842 -0.4% | $26,969 -10.5% |
| 2019 | $6,872 -0.8% | $30,133 +5.8% |
| 2018 | $6,926 -4.4% | $28,470 -4.6% |
| 2017 | $7,248 -4.8% | $29,849 -4.1% |
| 2016 | $7,611 +12% | $31,124 +16.9% |
| 2015 | $6,797 +0.8% | $26,619 |
| 2014 | $6,743 +3.1% | $26,619 |
| 2013 | $6,540 -8.3% | $26,619 -13.8% |
| 2012 | $7,129 +1.1% | $30,869 |
| 2011 | $7,050 +0.1% | $30,869 |
| 2010 | $7,043 +1.9% | $30,869 -16.9% |
| 2009 | $6,914 +14.7% | $37,133 -5% |
| 2008 | $6,027 +10.7% | $39,088 |
| 2007 | $5,443 -5% | $39,088 +20.1% |
| 2006 | $5,731 +1.7% | $32,550 |
| 2005 | $5,633 +4.7% | $32,550 |
| 2004 | $5,382 -1.4% | $32,550 +22.8% |
| 2003 | $5,457 -3.1% | $26,500 -5.7% |
| 2002 | $5,630 +12.2% | $28,115 |
| 2001 | $5,018 +1.6% | $28,115 +16.4% |
| 2000 | $4,938 +1.8% | $24,160 |
| 1999 | $4,851 | $24,160 |
Find assessor info on the county website
Neighborhood: 60074
Nearby homes
- $635,4004 bd4 ba2.7k sqft556 E Carpenter Dr, Palatine, IL 60074Off Market
- $550,0004 bd3 ba3k sqft570 E Carpenter Dr, Palatine, IL 60074Sold
- $541,0004 bd2 ba1.9k sqft563 E Monterey Rd, Palatine, IL 60074Off Market
- $605,0005 bd3 ba2.1k sqft557 E Monterey Rd, Palatine, IL 60074Off Market
- $454,2004 bd2 ba1.6k sqft571 E Monterey Rd, Palatine, IL 60074Off Market
- $562,4004 bd3 ba2k sqft550 E Carpenter Dr, Palatine, IL 60074Off Market
- $535,7004 bd2 ba2k sqft561 E Carpenter Dr, Palatine, IL 60074Off Market
- $616,2004 bd2 ba2.5k sqft549 E Monterey Rd, Palatine, IL 60074Off Market
Nearby schools
GreatSchools rating
- 6/10Virginia Lake Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Winston Campus Jr High SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Palatine High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Virginia Lake Elementary School
- Middle: Winston Campus 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
$583,200
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
$583,200
- Illinois
- Cook County
- Palatine
- 60074
- 562 E Carpenter Dr
