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1182 Nichols Rd

Palatine, IL 60074

3 bd 2 ba 1,200 sqft Built 1978 condos
Most recent sale
$215,000
Oct 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 25, 2022 Sold $215,000 MLS #11446032
Aug 12, 2022 Listed $205,000 MLS #11446032
Nov 3, 2016 Sold $150,000 MLS #09342616
Sep 15, 2016 Listed $165,000 MLS #09342616
May 12, 2009 Sold $70,000 Public Record
Oct 19, 2001 Sold $128,000 Public Record
Oct 30, 1997 Sold $91,000 Public Record
Aug 5, 1993 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $15,800 $923 $16,723 $3,969
2022 $15,800 $923 $16,723 $4,789
2021 $12,154 $781 $12,935 $4,200
2020 $12,154 $781 $12,935 $4,138
2019 $13,714 $781 $14,495 $4,157
2018 $10,790 $710 $11,500 $3,574
2017 $10,790 $710 $11,500 $3,506
2016 $10,790 $710 $11,500 $2,553
2015 $6,102 $639 $6,741 $1,265
2014 $6,102 $639 $6,741 $1,266
2013 $6,102 $639 $6,741 $1,216
2012 $5,598 $745 $6,343 $1,032
2011 $5,598 $745 $6,343 $1,108
2010 $5,598 $745 $6,343 $1,605
2009 $14,958 $1,172 $16,130 $3,306
2008 $15,103 $1,875 $16,978 $3,527
2007 $15,103 $1,875 $16,978 $1,932
2006 $11,147 $1,704 $12,851 $2,040

Property facts

Year built
1978
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
ZIP code
60074
City
Palatine
Street
Nichols Rd
Coordinates
42.15028, -88.01477

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
$2,160
Gross rental yield
12.06%
Implied cap rate
7.84%
Trend-extrapolated value

Frequently asked questions

When did 1182 Nichols Rd last sell?
1182 Nichols Rd most recently sold on Oct 25, 2022 for $215,000.
What is the current tax assessment for 1182 Nichols Rd?
The most recent total assessment for 1182 Nichols Rd (year 2023) is $16,723 with $3,969 in property tax.
How does 1182 Nichols Rd's assessment compare to its last sale price?
The current assessment is 92.2% below the last sale price of $215,000.
When was 1182 Nichols Rd built?
1182 Nichols Rd was built in 1978.
How does 1182 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 1182 Nichols Rd?
1182 Nichols Rd is a 3 bed, 2 bath, 1,200 sqft condos.
Is 1182 Nichols Rd a flip candidate?
No — 1182 Nichols Rd does not appear in our flips dataset.
Is 1182 Nichols Rd a tax-appeal candidate?
No — 1182 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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