538 Monterey Rd
Palatine, IL 60074
4 bd 3 ba 2,264 sqft Built 1965 Lot 11,042 sqft single_family
Most recent sale
$482,500
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 16, 2022 | Sold | $482,500 | MLS #11478535 |
| Jul 29, 2022 | Listed | $496,500 | MLS #11478535 |
| Jan 31, 2022 | Sold | $335,000 | MLS #11103843 |
| Nov 16, 2021 | Price changed | $349,900 | MLS #11103843 |
| Nov 14, 2021 | Price changed | $363,900 | MLS #11103843 |
| Nov 13, 2021 | Price changed | $355,000 | MLS #11103843 |
| Jul 17, 2021 | Price changed | $371,900 | MLS #11103843 |
| Jun 24, 2021 | Price changed | $374,900 | MLS #11103843 |
| Jun 23, 2021 | Price changed | $379,900 | MLS #11103843 |
| Jun 15, 2021 | Price changed | $399,700 | MLS #11103843 |
| Jun 11, 2021 | Price changed | $409,900 | MLS #11103843 |
| Jun 4, 2021 | Price changed | $425,000 | MLS #11103843 |
| May 28, 2021 | Listed | $440,000 | MLS #11103843 |
| Mar 24, 2016 | Sold | $330,000 | MLS #09060386 |
| Jan 22, 2016 | Price changed | $350,000 | MLS #09060386 |
| Jan 20, 2016 | Price changed | $349,900 | MLS #09060386 |
| Oct 9, 2015 | Listed | $359,900 | MLS #09060386 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $26,166 | $8,833 | $34,999 | $10,361 |
| 2022 | $26,166 | $8,833 | $34,999 | $10,023 |
| 2021 | $25,797 | $5,521 | $31,318 | $10,171 |
| 2020 | $25,797 | $5,521 | $31,318 | $10,019 |
| 2019 | $29,472 | $5,521 | $34,993 | $10,036 |
| 2018 | $25,515 | $4,968 | $30,483 | $9,473 |
| 2017 | $25,515 | $4,968 | $30,483 | $9,294 |
| 2016 | $29,001 | $4,968 | $33,969 | $9,632 |
| 2015 | $26,425 | $4,416 | $30,841 | $8,094 |
| 2014 | $26,425 | $4,416 | $30,841 | $8,024 |
| 2013 | $26,425 | $4,416 | $30,841 | $7,788 |
| 2012 | $30,662 | $5,244 | $35,906 | $8,480 |
| 2011 | $30,662 | $5,244 | $35,906 | $8,194 |
| 2010 | $30,662 | $5,244 | $35,906 | $7,244 |
| 2009 | $34,719 | $5,521 | $40,240 | $7,630 |
| 2008 | $33,525 | $8,833 | $42,358 | $6,707 |
| 2007 | $33,525 | $8,833 | $42,358 | $5,305 |
| 2006 | $23,097 | $7,066 | $30,163 | $5,424 |
Property facts
Year built
1965
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,264 sqft
Lot size
11,042 sqft
ZIP code
60074
City
Palatine
Street
Monterey Rd
Coordinates
42.12668, -88.03009
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,075
Gross rental yield
10.13%
Implied cap rate
6.59%
Trend-extrapolated value
—
Frequently asked questions
When did 538 Monterey Rd last sell?
538 Monterey Rd most recently sold on Sep 16, 2022 for $482,500.
What is the current tax assessment for 538 Monterey Rd?
The most recent total assessment for 538 Monterey Rd (year 2023) is $34,999 with $10,361 in property tax.
How does 538 Monterey Rd's assessment compare to its last sale price?
The current assessment is 92.7% below the last sale price of $482,500.
When was 538 Monterey Rd built?
538 Monterey Rd was built in 1965.
How does 538 Monterey Rd compare to others on Monterey Rd?
We track 8 other properties on Monterey Rd. Browse the list under "Other properties on Monterey Rd" to compare beds, baths, and sale history.
What are the property facts for 538 Monterey Rd?
538 Monterey Rd is a 4 bed, 3 bath, 2,264 sqft, 11,042 sqft lot single_family.
Is 538 Monterey Rd a flip candidate?
Yes — 538 Monterey Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 538 Monterey Rd a tax-appeal candidate?
No — 538 Monterey Rd 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 Monterey Rd