248 Greenwood Ave
Palatine, IL 60074
3 bd 1 ba 1,196 sqft Built 1955 Lot 8,554 sqft single_family
Most recent sale
$300,000
Jun 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 13, 2022 | Sold | $300,000 | MLS #11389966 |
| May 5, 2022 | Listed | $275,000 | MLS #11389966 |
| Jun 27, 2014 | Sold | $215,000 | MLS #08570898 |
| Mar 30, 2014 | Listed | $239,900 | MLS #08570898 |
| May 20, 2008 | Sold | $265,000 | Public Record |
| Sep 30, 2007 | Listing removed | $299,900 | MRED |
| Jun 2, 2007 | Listed | $299,900 | MLS #06537038 |
| Sep 28, 1992 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $21,867 | $5,132 | $26,999 | $7,993 |
| 2022 | $21,867 | $5,132 | $26,999 | $6,753 |
| 2021 | $18,247 | $2,993 | $21,240 | $5,816 |
| 2020 | $18,247 | $2,993 | $21,240 | $5,802 |
| 2019 | $20,660 | $2,993 | $23,653 | $5,800 |
| 2018 | $18,587 | $2,780 | $21,367 | $5,573 |
| 2017 | $18,587 | $2,780 | $21,367 | $5,486 |
| 2016 | $18,587 | $2,780 | $21,367 | $5,350 |
| 2015 | $15,755 | $2,566 | $18,321 | $5,629 |
| 2014 | $15,755 | $2,566 | $18,321 | $4,781 |
| 2013 | $15,755 | $2,566 | $18,321 | $4,641 |
| 2012 | $17,634 | $3,849 | $21,483 | $5,091 |
| 2011 | $17,634 | $3,849 | $21,483 | $4,989 |
| 2010 | $17,634 | $3,849 | $21,483 | $4,975 |
| 2009 | $23,588 | $4,063 | $27,651 | $5,960 |
| 2008 | $22,607 | $6,500 | $29,107 | $6,046 |
| 2007 | $22,607 | $6,500 | $29,107 | $3,594 |
| 2006 | $16,432 | $4,448 | $20,880 | $3,796 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,196 sqft
Lot size
8,554 sqft
ZIP code
60074
City
Palatine
Street
Greenwood Ave
Coordinates
42.11528, -88.02565
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
$2,153
Gross rental yield
8.61%
Implied cap rate
5.60%
Trend-extrapolated value
—
Frequently asked questions
When did 248 Greenwood Ave last sell?
248 Greenwood Ave most recently sold on Jun 13, 2022 for $300,000.
What is the current tax assessment for 248 Greenwood Ave?
The most recent total assessment for 248 Greenwood Ave (year 2023) is $26,999 with $7,993 in property tax.
How does 248 Greenwood Ave's assessment compare to its last sale price?
The current assessment is 91.0% below the last sale price of $300,000.
When was 248 Greenwood Ave built?
248 Greenwood Ave was built in 1955.
How does 248 Greenwood Ave compare to others on Greenwood Ave?
We track 8 other properties on Greenwood Ave. Browse the list under "Other properties on Greenwood Ave" to compare beds, baths, and sale history.
What are the property facts for 248 Greenwood Ave?
248 Greenwood Ave is a 3 bed, 1 bath, 1,196 sqft, 8,554 sqft lot single_family.
Is 248 Greenwood Ave a flip candidate?
No — 248 Greenwood Ave does not appear in our flips dataset.
Is 248 Greenwood Ave a tax-appeal candidate?
No — 248 Greenwood Ave 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 Greenwood Ave