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978 Lilac Dr

Palatine, IL 60074

3 bd 1 ba 962 sqft Built 1965 Lot 10,350 sqft single_family
Most recent sale
$295,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $295,000 MLS #11417598
May 27, 2022 Listed $299,850 MLS #11417598
Jun 25, 2019 Sold $243,000 Public Record
Mar 4, 2019 Listing removed $229,700 MRED
Jan 3, 2019 Listed $229,700 MLS #10164277
Dec 25, 2018 Listing removed $229,700 MRED
Dec 17, 2018 Listing removed $135,000 MRED
Jul 26, 2018 Price changed $229,700 MLS #09999542
Jul 12, 2018 Price changed $234,700 MLS #09999542
Jun 27, 2018 Listed $239,700 MLS #09999542
Jun 27, 2018 Listing removed $135,000 MRED
Apr 6, 2017 Sold $170,411 MLS #09519520
Mar 3, 2017 Listed $179,900 MLS #09519520
Mar 1, 2017 Listing removed $192,000 MRED
Feb 3, 2017 Price changed $192,000 MLS #09394886
Jan 17, 2017 Price changed $198,300 MLS #09394886
Jan 3, 2017 Price changed $204,600 MLS #09394886
Dec 15, 2016 Price changed $209,000 MLS #09394886
Nov 28, 2016 Listed $223,700 MLS #09394886
Sep 14, 2006 Sold $290,000 Public Record
Jun 19, 2000 Sold $165,000 Public Record
Oct 14, 1992 Sold $123,000 Public Record
Oct 11, 1992 Sold $123,000 Public Record
May 28, 1985 Sold $20,500 Public Record
May 1, 1985 Sold $82,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $19,272 $6,727 $25,999 $7,697
2022 $19,272 $6,727 $25,999 $6,466
2021 $11,625 $5,692 $17,317 $4,542
2020 $11,625 $5,692 $17,317 $5,540
2019 $13,722 $5,692 $19,414 $5,568
2018 $14,884 $5,175 $20,059 $6,234
2017 $14,884 $5,175 $20,059 $6,116
2016 $14,884 $5,175 $20,059 $5,688
2015 $13,932 $4,657 $18,589 $5,712
2014 $13,932 $4,657 $18,589 $5,642
2013 $13,932 $4,657 $18,589 $5,498
2012 $15,170 $5,433 $20,603 $5,524
2011 $15,170 $5,433 $20,603 $5,281
2010 $15,170 $5,433 $20,603 $5,212
2009 $22,515 $5,692 $28,207 $6,498
2008 $20,584 $9,108 $29,692 $6,168
2007 $20,584 $9,108 $29,692 $6,044
2006 $14,612 $5,796 $20,408 $4,470

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
962 sqft
Lot size
10,350 sqft
ZIP code
60074
City
Palatine
Street
Lilac Dr
Coordinates
42.14066, -88.01947

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,732
Gross rental yield
7.05%
Implied cap rate
4.58%
Trend-extrapolated value

Frequently asked questions

When did 978 Lilac Dr last sell?
978 Lilac Dr most recently sold on Jul 7, 2022 for $295,000.
What is the current tax assessment for 978 Lilac Dr?
The most recent total assessment for 978 Lilac Dr (year 2023) is $25,999 with $7,697 in property tax.
How does 978 Lilac Dr's assessment compare to its last sale price?
The current assessment is 91.2% below the last sale price of $295,000.
When was 978 Lilac Dr built?
978 Lilac Dr was built in 1965.
How does 978 Lilac Dr compare to others on Lilac Dr?
We track 4 other properties on Lilac Dr. Browse the list under "Other properties on Lilac Dr" to compare beds, baths, and sale history.
What are the property facts for 978 Lilac Dr?
978 Lilac Dr is a 3 bed, 1 bath, 962 sqft, 10,350 sqft lot single_family.
Is 978 Lilac Dr a flip candidate?
No — 978 Lilac Dr does not appear in our flips dataset.
Is 978 Lilac Dr a tax-appeal candidate?
No — 978 Lilac 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
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$329K
2026 Q4
$329.8K
ZIP 60074 — Median Price History + Forecast

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