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249 Smith St

Palatine, IL 60067

2 bd 2 ba 1,040 sqft condos
Most recent sale
$160,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 26, 2022 Sold $160,000 MLS #11323095
Mar 16, 2022 Relisted $154,500 MLS #11323095
Mar 13, 2022 Listing removed $154,500 MRED
Feb 11, 2022 Listed $154,500 MLS #11323095
May 25, 2016 Sold $125,000 MLS #09151757
Feb 29, 2016 Listed $129,900 MLS #09151757
Aug 14, 2007 Sold $175,000 Public Record
Aug 13, 2007 Sold $175,000 MRED
May 15, 2007 Listed $179,900 MRED
Oct 21, 2004 Sold $129,000 Public Record
Nov 2, 1987 Sold $57,697 Public Record
Dec 1, 1985 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $12,298 $1,405 $13,703 $4,056
2022 $12,298 $1,405 $13,703 $3,924
2021 $10,512 $819 $11,331 $3,680
2020 $10,512 $819 $11,331 $3,625
2019 $11,791 $819 $12,610 $3,616
2018 $8,632 $761 $9,393 $2,919
2017 $8,632 $761 $9,393 $2,863
2016 $8,632 $761 $9,393 $1,955
2015 $6,900 $702 $7,602 $1,529
2014 $6,900 $702 $7,602 $1,527
2013 $6,900 $702 $7,602 $1,470
2012 $6,127 $1,053 $7,180 $1,256
2011 $6,127 $1,053 $7,180 $1,322
2010 $6,127 $1,053 $7,180 $1,356
2009 $11,354 $1,697 $13,051 $2,190
2008 $11,022 $2,716 $13,738 $2,089
2007 $11,022 $2,716 $13,738 $2,796
2006 $9,073 $2,435 $11,508 $1,729

Property facts

Year built
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,040 sqft
Lot size
ZIP code
60067
City
Palatine
Street
Smith St
Coordinates
42.11571, -88.04770

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
$1,872
Gross rental yield
14.04%
Implied cap rate
9.13%
Trend-extrapolated value

Frequently asked questions

When did 249 Smith St last sell?
249 Smith St most recently sold on Apr 26, 2022 for $160,000.
What is the current tax assessment for 249 Smith St?
The most recent total assessment for 249 Smith St (year 2023) is $13,703 with $4,056 in property tax.
How does 249 Smith St's assessment compare to its last sale price?
The current assessment is 91.4% below the last sale price of $160,000.
When was 249 Smith St built?
The year built for 249 Smith St is not in our records.
How does 249 Smith St compare to others on Smith St?
We track 8 other properties on Smith St. Browse the list under "Other properties on Smith St" to compare beds, baths, and sale history.
What are the property facts for 249 Smith St?
249 Smith St is a 2 bed, 2 bath, 1,040 sqft condos.
Is 249 Smith St a flip candidate?
No — 249 Smith St does not appear in our flips dataset.
Is 249 Smith St a tax-appeal candidate?
No — 249 Smith St 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$522.8K
2026 Q4
$534.9K
ZIP 60067 — Median Price History + Forecast

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