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513 Spruce Dr

Palatine, IL 60074

2 bd 1 ba 1,000 sqft Built 1988 condos
Most recent sale
$126,019
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $126,019 MLS #11356050
Mar 24, 2022 Listed $119,900 MLS #11356050
Feb 24, 2017 Sold $90,000 Public Record
Feb 10, 2017 Listing removed $1,095 MRED
Feb 7, 2017 Sold $89,900 MLS #09394962
Nov 28, 2016 Listed $89,900 MLS #09394962
Nov 28, 2016 Listed for rent $1,095 MRED
Jun 16, 2008 Listed $132,900 MLS #06930756
Jun 9, 2008 Sold $105,000 Public Record
Sep 6, 2005 Sold $125,500 Public Record
Sep 5, 2000 Sold $330,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $10,615 $288 $10,903 $3,227
2022 $10,615 $288 $10,903 $3,122
2021 $6,716 $244 $6,960 $2,260
2020 $6,716 $244 $6,960 $2,226
2019 $7,556 $244 $7,800 $2,236
2018 $3,653 $221 $3,874 $1,203
2017 $3,653 $221 $3,874 $1,181
2016 $3,653 $221 $3,874 $1,098
2015 $5,142 $199 $5,341 $1,640
2014 $5,142 $199 $5,341 $1,621
2013 $5,142 $199 $5,341 $1,579
2012 $9,621 $232 $9,853 $2,641
2011 $9,621 $232 $9,853 $2,525
2010 $9,621 $232 $9,853 $2,492
2009 $12,099 $510 $12,609 $2,904
2008 $12,457 $816 $13,273 $2,757
2007 $12,457 $816 $13,273 $2,701
2006 $6,882 $745 $7,627 $1,670

Property facts

Year built
1988
Property type
condos
Stories
3
Beds
2
Baths
1
Living area
1,000 sqft
Lot size
ZIP code
60074
City
Palatine
Street
Spruce Dr
Coordinates
42.14402, -88.03009

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
$756
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 513 Spruce Dr last sell?
513 Spruce Dr most recently sold on Apr 27, 2022 for $126,019.
What is the current tax assessment for 513 Spruce Dr?
The most recent total assessment for 513 Spruce Dr (year 2023) is $10,903 with $3,227 in property tax.
How does 513 Spruce Dr's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $126,019.
When was 513 Spruce Dr built?
513 Spruce Dr was built in 1988.
How does 513 Spruce Dr compare to others on Spruce Dr?
We track 8 other properties on Spruce Dr. Browse the list under "Other properties on Spruce Dr" to compare beds, baths, and sale history.
What are the property facts for 513 Spruce Dr?
513 Spruce Dr is a 2 bed, 1 bath, 1,000 sqft condos.
Is 513 Spruce Dr a flip candidate?
No — 513 Spruce Dr does not appear in our flips dataset.
Is 513 Spruce Dr a tax-appeal candidate?
No — 513 Spruce Dr 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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