1050 Penny Ln
Palatine, IL 60067
5 bd 3 ba 3,090 sqft Built 2002 Lot 9,100 sqft single_family
Most recent sale
$535,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $535,000 | MLS #11471327 |
| Jul 21, 2022 | Listed | $554,900 | MLS #11471327 |
| Oct 22, 2007 | Sold | $552,500 | Public Record |
| Mar 5, 2002 | Sold | $408,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $43,106 | $5,460 | $48,566 | $14,377 |
| 2022 | $46,540 | $5,460 | $52,000 | $13,913 |
| 2021 | $36,219 | $3,185 | $39,404 | $11,715 |
| 2020 | $36,219 | $3,185 | $39,404 | $11,613 |
| 2019 | $40,695 | $3,185 | $43,880 | $11,601 |
| 2018 | $42,055 | $2,957 | $45,012 | $12,921 |
| 2017 | $42,055 | $2,957 | $45,012 | $12,695 |
| 2016 | $42,055 | $2,957 | $45,012 | $12,055 |
| 2015 | $38,872 | $2,730 | $41,602 | $11,976 |
| 2014 | $41,839 | $2,730 | $44,569 | $12,748 |
| 2013 | $45,613 | $2,730 | $48,343 | $13,520 |
| 2012 | $39,058 | $4,777 | $43,835 | $11,083 |
| 2011 | $39,058 | $4,777 | $43,835 | $10,719 |
| 2010 | $43,754 | $4,777 | $48,531 | $11,817 |
| 2009 | $54,988 | $5,005 | $59,993 | $12,454 |
| 2008 | $55,143 | $8,008 | $63,151 | $11,305 |
| 2007 | $55,143 | $8,008 | $63,151 | $10,493 |
| 2006 | $42,689 | $6,916 | $49,605 | $9,247 |
Property facts
Year built
2002
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,090 sqft
Lot size
9,100 sqft
ZIP code
60067
City
Palatine
Street
Penny Ln
Coordinates
42.12931, -88.07376
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,562
Gross rental yield
12.48%
Implied cap rate
8.11%
Trend-extrapolated value
—
Frequently asked questions
When did 1050 Penny Ln last sell?
1050 Penny Ln most recently sold on Sep 23, 2022 for $535,000.
What is the current tax assessment for 1050 Penny Ln?
The most recent total assessment for 1050 Penny Ln (year 2023) is $48,566 with $14,377 in property tax.
How does 1050 Penny Ln's assessment compare to its last sale price?
The current assessment is 90.9% below the last sale price of $535,000.
When was 1050 Penny Ln built?
1050 Penny Ln was built in 2002.
How does 1050 Penny Ln compare to others on Penny Ln?
We track 2 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 1050 Penny Ln?
1050 Penny Ln is a 5 bed, 3 bath, 3,090 sqft, 9,100 sqft lot single_family.
Is 1050 Penny Ln a flip candidate?
No — 1050 Penny Ln does not appear in our flips dataset.
Is 1050 Penny Ln a tax-appeal candidate?
No — 1050 Penny Ln 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
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