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1020 Nichols Rd

Palatine, IL 60074

2 bd 1 ba 1,150 sqft Built 1986 condos
Most recent sale
$182,000
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2022 Sold $182,000 MLS #11367685
Apr 14, 2022 Listed $179,900 MLS #11367685
Sep 10, 2012 Sold $69,000 Public Record
Mar 13, 2001 Sold $114,000 Public Record
Jul 16, 1992 Sold $83,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $12,052 $1,711 $13,763 $4,074
2022 $12,052 $1,711 $13,763 $2,962
2021 $9,964 $1,448 $11,412 $2,624
2020 $9,964 $1,448 $11,412 $2,658
2019 $11,340 $1,448 $12,788 $2,683
2018 $9,464 $1,316 $10,780 $2,282
2017 $9,464 $1,316 $10,780 $2,257
2016 $9,464 $1,316 $10,780 $2,348
2015 $8,515 $1,184 $9,699 $2,174
2014 $8,515 $1,184 $9,699 $2,164
2013 $8,515 $1,184 $9,699 $2,868
2012 $11,467 $1,382 $12,849 $2,775
2011 $11,467 $1,382 $12,849 $2,775
2010 $11,467 $1,382 $12,849 $2,630
2009 $14,812 $987 $15,799 $2,272
2008 $15,390 $1,579 $16,969 $2,090
2007 $15,390 $1,579 $16,969 $2,005
2006 $10,448 $1,474 $11,922 $2,117

Property facts

Year built
1986
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
1,150 sqft
Lot size
ZIP code
60074
City
Palatine
Street
Nichols Rd
Coordinates
42.15202, -88.01745

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,070
Gross rental yield
13.65%
Implied cap rate
8.87%
Trend-extrapolated value

Frequently asked questions

When did 1020 Nichols Rd last sell?
1020 Nichols Rd most recently sold on Jun 9, 2022 for $182,000.
What is the current tax assessment for 1020 Nichols Rd?
The most recent total assessment for 1020 Nichols Rd (year 2023) is $13,763 with $4,074 in property tax.
How does 1020 Nichols Rd's assessment compare to its last sale price?
The current assessment is 92.4% below the last sale price of $182,000.
When was 1020 Nichols Rd built?
1020 Nichols Rd was built in 1986.
How does 1020 Nichols Rd compare to others on Nichols Rd?
We track 8 other properties on Nichols Rd. Browse the list under "Other properties on Nichols Rd" to compare beds, baths, and sale history.
What are the property facts for 1020 Nichols Rd?
1020 Nichols Rd is a 2 bed, 1 bath, 1,150 sqft condos.
Is 1020 Nichols Rd a flip candidate?
No — 1020 Nichols Rd does not appear in our flips dataset.
Is 1020 Nichols Rd a tax-appeal candidate?
No — 1020 Nichols Rd 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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