351 Michigan Ave
Palatine, IL 60067
4 bd 3 ba 2,983 sqft Built 1964 Lot 29,900 sqft single_family
Most recent sale
$558,000
Jul 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 26, 2022 | Sold | $558,000 | MLS #11428360 |
| Jun 8, 2022 | Listing removed | $525,000 | MRED |
| Jun 8, 2022 | Listed | $525,000 | MLS #11428360 |
| May 14, 2022 | Listed | $575,000 | MLS #11395673 |
| Jul 9, 2019 | Listing removed | $450,000 | MRED |
| Apr 23, 2019 | Price changed | $450,000 | MLS #10274752 |
| Feb 16, 2019 | Listed | $475,000 | MLS #10274752 |
| Dec 17, 2018 | Listing removed | $499,000 | MRED |
| Nov 2, 2018 | Listing removed | $479,000 | MRED |
| Nov 1, 2018 | Listing removed | $479,000 | MRED |
| Jul 23, 2018 | Listed | $479,000 | MLS #10027794 |
| Jul 23, 2018 | Listing removed | $499,000 | MRED |
| Jun 4, 2018 | Listed | $499,000 | MLS #09972515 |
| Jun 4, 2018 | Listing removed | $510,000 | MRED |
| May 3, 2018 | Listed | $510,000 | MLS #09936905 |
| Sep 7, 1988 | Sold | $139,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $27,070 | $20,930 | $48,000 | $13,228 |
| 2022 | $27,070 | $20,930 | $48,000 | $12,767 |
| 2021 | $31,788 | $10,465 | $42,253 | $12,640 |
| 2020 | $31,788 | $10,465 | $42,253 | $12,525 |
| 2019 | $36,431 | $10,465 | $46,896 | $12,466 |
| 2018 | $34,653 | $9,717 | $44,370 | $12,721 |
| 2017 | $34,653 | $9,717 | $44,370 | $12,499 |
| 2016 | $34,653 | $9,717 | $44,370 | $11,873 |
| 2015 | $31,622 | $8,970 | $40,592 | $11,666 |
| 2014 | $31,622 | $8,970 | $40,592 | $11,541 |
| 2013 | $31,622 | $8,970 | $40,592 | $11,228 |
| 2012 | $35,121 | $14,202 | $49,323 | $12,077 |
| 2011 | $35,121 | $14,202 | $49,323 | $11,262 |
| 2010 | $35,121 | $14,202 | $49,323 | $10,944 |
| 2009 | $40,897 | $14,950 | $55,847 | $11,499 |
| 2008 | $39,612 | $23,920 | $63,532 | $11,384 |
| 2007 | $11,160 | $23,920 | $35,080 | $4,779 |
| 2006 | $6,866 | $17,940 | $24,806 | $4,404 |
Property facts
Year built
1964
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,983 sqft
Lot size
29,900 sqft
ZIP code
60067
City
Palatine
Street
Michigan Ave
Coordinates
42.09727, -88.05204
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,369
Gross rental yield
11.55%
Implied cap rate
7.51%
Trend-extrapolated value
—
Frequently asked questions
When did 351 Michigan Ave last sell?
351 Michigan Ave most recently sold on Jul 26, 2022 for $558,000.
What is the current tax assessment for 351 Michigan Ave?
The most recent total assessment for 351 Michigan Ave (year 2023) is $48,000 with $13,228 in property tax.
How does 351 Michigan Ave's assessment compare to its last sale price?
The current assessment is 91.4% below the last sale price of $558,000.
When was 351 Michigan Ave built?
351 Michigan Ave was built in 1964.
How does 351 Michigan Ave compare to others on Michigan Ave?
We track 6 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 351 Michigan Ave?
351 Michigan Ave is a 4 bed, 3 bath, 2,983 sqft, 29,900 sqft lot single_family.
Is 351 Michigan Ave a flip candidate?
No — 351 Michigan Ave does not appear in our flips dataset.
Is 351 Michigan Ave a tax-appeal candidate?
No — 351 Michigan 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$522.8K
2026 Q4
$534.9K
ZIP 60067 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Michigan Ave