1074 Cottonwood Way
Palatine, IL 60074
3 bd 3 ba 1,458 sqft Built 1975 Lot 1,600 sqft townhomes
Most recent sale
$245,000
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 15, 2022 | Sold | $245,000 | MLS #11473270 |
| Jul 24, 2022 | Listed | $249,000 | MLS #11473270 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $16,500 | $3,499 | $19,999 | $5,920 |
| 2022 | $16,500 | $3,499 | $19,999 | $4,748 |
| 2021 | $15,570 | $830 | $16,400 | $4,244 |
| 2020 | $15,570 | $830 | $16,400 | $4,254 |
| 2019 | $17,494 | $830 | $18,324 | $4,272 |
| 2018 | $17,992 | $747 | $18,739 | $4,756 |
| 2017 | $17,992 | $747 | $18,739 | $4,684 |
| 2016 | $17,992 | $747 | $18,739 | $4,605 |
| 2015 | $15,759 | $664 | $16,423 | $4,240 |
| 2014 | $15,759 | $664 | $16,423 | $4,205 |
| 2013 | $15,759 | $664 | $16,423 | $4,080 |
| 2012 | $16,601 | $788 | $17,389 | $3,993 |
| 2011 | $16,601 | $788 | $17,389 | $3,940 |
| 2010 | $16,601 | $788 | $17,389 | $3,933 |
| 2009 | $21,115 | $830 | $21,945 | $3,277 |
| 2008 | $21,773 | $1,328 | $23,101 | $3,125 |
| 2007 | $21,773 | $1,328 | $23,101 | $2,997 |
| 2006 | $15,512 | $3,388 | $18,900 | $3,166 |
Property facts
Year built
1975
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,458 sqft
Lot size
1,600 sqft
ZIP code
60074
City
Palatine
Street
Cottonwood Way
Coordinates
42.12833, -88.01712
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,624
Gross rental yield
12.85%
Implied cap rate
8.35%
Trend-extrapolated value
—
Frequently asked questions
When did 1074 Cottonwood Way last sell?
1074 Cottonwood Way most recently sold on Sep 15, 2022 for $245,000.
What is the current tax assessment for 1074 Cottonwood Way?
The most recent total assessment for 1074 Cottonwood Way (year 2023) is $19,999 with $5,920 in property tax.
How does 1074 Cottonwood Way's assessment compare to its last sale price?
The current assessment is 91.8% below the last sale price of $245,000.
When was 1074 Cottonwood Way built?
1074 Cottonwood Way was built in 1975.
How does 1074 Cottonwood Way compare to others on Cottonwood Way?
We track 5 other properties on Cottonwood Way. Browse the list under "Other properties on Cottonwood Way" to compare beds, baths, and sale history.
What are the property facts for 1074 Cottonwood Way?
1074 Cottonwood Way is a 3 bed, 3 bath, 1,458 sqft, 1,600 sqft lot townhomes.
Is 1074 Cottonwood Way a flip candidate?
No — 1074 Cottonwood Way does not appear in our flips dataset.
Is 1074 Cottonwood Way a tax-appeal candidate?
No — 1074 Cottonwood Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$329K
2026 Q4
$329.8K
ZIP 60074 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cottonwood Way