ATTENTION BUILDERS! Short Sale opportunity! Check out this fantastic lot perfect for a custom spot build or custom build to suit! Located in a prime area with new homes nearby, this beautiful lot is almost 1/2 acre. PRIME LOCATION just a block from Deer Park, where you'll find shopping, dining, theater, businesses, and much more. Only minutes to major roads for an easy commute to O'Hare Airport. Working Downtown Chicago? The Palatine Metra Station is 3.6 miles! Where you will also find the convenience of all that downtown Palatine has to offer. Shopping, dining, farmers market, and all the fantastic festivals Palatine has to offer. If it is outdoor enjoyment you seek - Deer Grove Forest Preserve is just down the street. Top-Rated schools too! The current home is already connected to gas and electric. The value is in the land and the location. Imagine the possibilities. Please do not walk property without permission.
Closed
$215,000
705 W Hillcrest Rd, Palatine, IL 60074
4beds
1,976sqft
Single Family Residence
Built in 1956
0.45 Acres Lot
$231,100 Zestimate®
$109/sqft
$3,260 Estimated rent
Home value
$231,100
$206,000 - $259,000
$3,260/mo
Zestimate® history
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$1,592/mo
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Zillow last checked:
Listing updated:
Listed by:
Victoria Suthers 847-494-0257,
Keller Williams Success Realty
Bought with:
Iryna Kerch
Core Realty & Investments Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12122649
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 1 Square Feet
- Dimensions: 1X1
Bedroom 2
- Level: Second
- Area: 1 Square Feet
- Dimensions: 1X1
Bedroom 3
- Level: Second
- Area: 1 Square Feet
- Dimensions: 1X1
Bedroom 4
- Level: Second
- Area: 1 Square Feet
- Dimensions: 1X1
Kitchen
- Level: Main
- Area: 1 Square Feet
- Dimensions: 1X1
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,976 sqft
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Patio & porch: Patio
Lot
- Size: 0.45 Acres
- Dimensions: 100X195
- Features: Wooded, Level
Details
- Parcel number: 02031020020000
- Special conditions: List Broker Must Accompany,Short Sale
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: Street Paved
HOA
- Services included: None
Location
- Region: Palatine
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $370,000
- Annual tax amount: $6,621
- Date on market: 8/3/2024
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listing removed | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/4/2026 | Listed for rent | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2025 | Price change | $289,000-2%$146/sqft |
Source:  MRED as distributed by MLS GRID #12395582 Report a problem | ||
| 6/18/2025 | Listed for sale | $295,000+37.2%$149/sqft |
Source: MRED as distributed by MLS GRID #12395582 Report a problem | ||
| 5/5/2025 | Sold | $215,000$109/sqft |
Source: MRED as distributed by MLS GRID #12122649 Report a problem | ||
| 4/1/2025 | Pending sale | $215,000$109/sqft |
Source: MRED as distributed by MLS GRID #12128944 Report a problem | ||
| 2/27/2025 | Contingent | $215,000$109/sqft |
Source: MRED as distributed by MLS GRID #12128944 Report a problem | ||
| 2/18/2025 | Listed for sale | $215,000$109/sqft |
Source: MRED as distributed by MLS GRID #12128944 Report a problem | ||
| 2/14/2025 | Contingent | $215,000$109/sqft |
Source: MRED as distributed by MLS GRID #12128944 Report a problem | ||
| 2/14/2025 | Listed for sale | $215,000$109/sqft |
Source: MRED as distributed by MLS GRID #12128944 Report a problem | ||
| 2/13/2025 | Contingent | $215,000$109/sqft |
Source: MRED as distributed by MLS GRID #12122649 Report a problem | ||
| 1/20/2025 | Price change | $215,000-4%$109/sqft |
Source: MRED as distributed by MLS GRID #12128944 Report a problem | ||
| 12/17/2024 | Price change | $224,000-0.4%$113/sqft |
Source: MRED as distributed by MLS GRID #12122649 Report a problem | ||
| 11/8/2024 | Price change | $225,000-10%$114/sqft |
Source: MRED as distributed by MLS GRID #12128944 Report a problem | ||
| 10/24/2024 | Price change | $250,000-7.4%$127/sqft |
Source: MRED as distributed by MLS GRID #12122649 Report a problem | ||
| 8/3/2024 | Listed for sale | $270,000+23%$137/sqft |
Source: MRED as distributed by MLS GRID #12128944 Report a problem | ||
| 1/8/2020 | Listing removed | $219,500$111/sqft |
Source: RE/MAX Unlimited Northwest #10275792 Report a problem | ||
| 1/6/2019 | Listed for sale | $219,500$111/sqft |
Source: RE/MAX Unlimited Northwest #10165831 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $37,000 |
| 2023 | $6,621 +0.2% | $37,000 |
| 2022 | $6,608 -9.4% | $37,000 +18% |
| 2021 | $7,297 +9% | $31,352 |
| 2020 | $6,696 +0.9% | $31,352 -10.2% |
| 2019 | $6,635 -7.9% | $34,914 +6.7% |
| 2018 | $7,202 +3.7% | $32,723 |
| 2017 | $6,942 -6.6% | $32,723 |
| 2016 | $7,431 -12.2% | $32,723 +2.2% |
| 2015 | $8,458 -3% | $32,026 -5.6% |
| 2014 | $8,717 +7.1% | $33,910 |
| 2013 | $8,141 -6.8% | $33,910 -8% |
| 2012 | $8,733 -1.8% | $36,852 -10.5% |
| 2011 | $8,897 +20.8% | $41,172 |
| 2010 | $7,367 +20.3% | $41,172 -12.3% |
| 2009 | $6,122 +5.2% | $46,930 -5% |
| 2008 | $5,819 -24.4% | $49,401 |
| 2007 | $7,694 +13.5% | $49,401 +28.8% |
| 2006 | $6,782 -1.3% | $38,346 |
| 2005 | $6,872 +19.7% | $38,346 |
| 2004 | $5,742 +16.6% | $38,346 +41.1% |
| 2003 | $4,923 +2.5% | $27,173 |
| 2002 | $4,802 +14.9% | $27,173 |
| 2001 | $4,180 +1.6% | $27,173 +21.2% |
| 2000 | $4,116 +1.9% | $22,426 |
| 1999 | $4,040 | $22,426 |
Find assessor info on the county website
Neighborhood: 60074
Nearby homes
- $346,8003 bd1 ba1.4k sqft693 W Hillcrest Rd, Palatine, IL 60074Off Market
- $631,0004 bd3 ba4k sqft719 Helgesen St, Palatine, IL 60074Sold
- $862,9004 bd3 ba4.1k sqft719 N Helgesen St, Palatine, IL 60074Off Market
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- $398,0004 bd2 ba1.6k sqft635 W Hillcrest Rd, Palatine, IL 60074Off Market
- $837,3004 bd3 ba3.5k sqft686 Woodland Rd, Palatine, IL 60074Off Market
- $294,6002 bd1 ba1.1k sqft708 W Hillcrest Rd, Palatine, IL 60074Off Market
- $627,5005 bd3 ba2.9k sqft720 Helgesen St, Palatine, IL 60074Off Market
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 5/10Walter R Sundling Jr High SchoolGrades: 6-8Distance: 1.6 mi
- 8/10Palatine High SchoolGrades: 9-12Distance: 2.4 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
$231,100
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Estimated market value
$231,100
- Illinois
- Cook County
- Palatine
- 60074
- 705 W Hillcrest Rd
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