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407 Lake Shore Dr

Palatine, IL 60067

2 bd 2 ba 1,058 sqft Built 1988 townhomes
Most recent sale
$205,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $205,000 Public Record
Jul 20, 2022 Listing removed $1,950 MRED
Jul 19, 2022 Sold $205,000 MLS #11441261
Jun 21, 2022 Listed $210,000 MLS #11441261
Oct 21, 2020 Sold $258,000 Public Record
Sep 4, 2020 Sold $172,000 MLS #10790176
Jul 21, 2020 Listed $180,000 MLS #10790176
Jul 14, 2016 Sold $146,500 Public Record
May 24, 2016 Sold $146,250 MLS #09182216
Apr 1, 2016 Listed $157,500 MLS #09182216

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $14,500 $4,499 $18,999 $5,624
2022 $14,500 $4,499 $18,999 $5,441
2021 $11,948 $2,778 $14,726 $4,782
2020 $11,948 $2,778 $14,726 $3,718
2019 $13,621 $2,778 $16,399 $3,720
2018 $10,718 $2,500 $13,218 $3,040
2017 $10,718 $2,500 $13,218 $3,001
2016 $12,765 $2,500 $15,265 $4,328
2015 $15,878 $2,284 $18,162 $5,580
2014 $15,878 $2,284 $18,162 $5,512
2013 $15,878 $2,284 $18,162 $5,372
2012 $15,787 $2,686 $18,473 $4,953
2011 $15,787 $2,686 $18,473 $4,735
2010 $15,787 $2,686 $18,473 $4,673
2009 $18,029 $2,717 $20,746 $4,779

Property facts

Year built
1988
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,058 sqft
Lot size
ZIP code
60067
City
Palatine
Street
Lake Shore Dr
Coordinates
42.11805, -88.06638

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,904
Gross rental yield
11.15%
Implied cap rate
7.24%
Trend-extrapolated value

Frequently asked questions

When did 407 Lake Shore Dr last sell?
407 Lake Shore Dr most recently sold on Jul 28, 2022 for $205,000.
What is the current tax assessment for 407 Lake Shore Dr?
The most recent total assessment for 407 Lake Shore Dr (year 2023) is $18,999 with $5,624 in property tax.
How does 407 Lake Shore Dr's assessment compare to its last sale price?
The current assessment is 90.7% below the last sale price of $205,000.
When was 407 Lake Shore Dr built?
407 Lake Shore Dr was built in 1988.
How does 407 Lake Shore Dr compare to others on Lake Shore Dr?
We track 8 other properties on Lake Shore Dr. Browse the list under "Other properties on Lake Shore Dr" to compare beds, baths, and sale history.
What are the property facts for 407 Lake Shore Dr?
407 Lake Shore Dr is a 2 bed, 2 bath, 1,058 sqft townhomes.
Is 407 Lake Shore Dr a flip candidate?
Yes — 407 Lake Shore Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 407 Lake Shore Dr a tax-appeal candidate?
No — 407 Lake Shore Dr 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$522.8K
2026 Q4
$534.9K
ZIP 60067 — Median Price History + Forecast

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