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1602 Palisades Ln

Hoffman Estates, IL 60192

5 bd 4 ba 5,082 sqft Built 2006 Lot 14,148 sqft single_family
Most recent sale
$665,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $665,000 MLS #11354767
Mar 29, 2022 Listed $675,000 MLS #11354767
Oct 10, 2006 Sold $557,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $39,926 $7,074 $47,000 $14,438
2022 $39,926 $7,074 $47,000 $13,067
2021 $33,885 $1,768 $35,653 $11,638
2020 $33,885 $1,768 $35,653 $11,513
2019 $39,341 $1,768 $41,109 $11,859
2018 $41,254 $1,414 $42,668 $13,568
2017 $41,254 $1,414 $42,668 $13,459
2016 $41,254 $1,414 $42,668 $12,848
2015 $38,219 $1,061 $39,280 $12,770
2014 $38,219 $1,061 $39,280 $12,568
2013 $40,753 $1,061 $41,814 $13,001
2012 $41,646 $1,414 $43,060 $12,258
2011 $41,646 $1,414 $43,060 $11,301
2010 $41,646 $1,414 $43,060 $11,351
2009 $43,058 $4,230 $47,288 $11,207
2008 $44,080 $6,768 $50,848 $11,074
2007 $44,080 $6,768 $50,848 $10,886

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
5,082 sqft
Lot size
14,148 sqft
ZIP code
60192
City
Hoffman Estates
Street
Palisades Ln
Coordinates
42.05480, -88.22195

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1602 Palisades Ln last sell?
1602 Palisades Ln most recently sold on Jun 8, 2022 for $665,000.
What is the current tax assessment for 1602 Palisades Ln?
The most recent total assessment for 1602 Palisades Ln (year 2023) is $47,000 with $14,438 in property tax.
How does 1602 Palisades Ln's assessment compare to its last sale price?
The current assessment is 92.9% below the last sale price of $665,000.
When was 1602 Palisades Ln built?
1602 Palisades Ln was built in 2006.
How does 1602 Palisades Ln compare to others on Palisades Ln?
We track 4 other properties on Palisades Ln. Browse the list under "Other properties on Palisades Ln" to compare beds, baths, and sale history.
What are the property facts for 1602 Palisades Ln?
1602 Palisades Ln is a 5 bed, 4 bath, 5,082 sqft, 14,148 sqft lot single_family.
Is 1602 Palisades Ln a flip candidate?
No — 1602 Palisades Ln does not appear in our flips dataset.
Is 1602 Palisades Ln a tax-appeal candidate?
No — 1602 Palisades Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$618.3K
2026 Q4
$635.1K
ZIP 60192 — Median Price History + Forecast

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