524 Spruce Dr
Palatine, IL 60074
2 bd 1 ba 850 sqft Built 1981 condos
Most recent sale
$137,000
Dec 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 1, 2022 | Sold | $137,000 | MRED |
| Sep 29, 2022 | Listed | $134,900 | MRED |
| Sep 26, 2015 | Listing removed | $68,900 | MRED |
| Apr 3, 2015 | Relisted | $68,900 | MRED |
| Mar 25, 2015 | Listing removed | $68,900 | MRED |
| Mar 24, 2015 | Listed | $68,900 | MRED |
| Aug 6, 2007 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $10,633 | $288 | $10,921 | $2,251 |
| 2022 | $10,633 | $288 | $10,921 | $3,127 |
| 2021 | $6,727 | $244 | $6,971 | $2,264 |
| 2020 | $6,727 | $244 | $6,971 | $2,230 |
| 2019 | $7,568 | $244 | $7,812 | $2,240 |
| 2018 | $3,659 | $222 | $3,881 | $1,206 |
| 2017 | $3,659 | $222 | $3,881 | $1,183 |
| 2016 | $3,659 | $222 | $3,881 | $1,100 |
| 2015 | $5,151 | $200 | $5,351 | $1,644 |
| 2014 | $5,151 | $200 | $5,351 | $1,624 |
| 2013 | $5,151 | $200 | $5,351 | $1,582 |
| 2012 | $9,637 | $233 | $9,870 | $2,646 |
| 2011 | $9,637 | $233 | $9,870 | $2,530 |
| 2010 | $9,637 | $233 | $9,870 | $2,496 |
| 2009 | $12,119 | $511 | $12,630 | $2,909 |
| 2007 | $12,478 | $817 | $13,295 | $2,706 |
| 2006 | $6,893 | $746 | $7,639 | $1,673 |
Property facts
Year built
1981
Property type
condos
Stories
3
Beds
2
Baths
1
Living area
850 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,530
Gross rental yield
13.40%
Implied cap rate
8.71%
Trend-extrapolated value
—
Frequently asked questions
When did 524 Spruce Dr last sell?
524 Spruce Dr most recently sold on Dec 1, 2022 for $137,000.
What is the current tax assessment for 524 Spruce Dr?
The most recent total assessment for 524 Spruce Dr (year 2023) is $10,921 with $2,251 in property tax.
How does 524 Spruce Dr's assessment compare to its last sale price?
The current assessment is 92.0% below the last sale price of $137,000.
When was 524 Spruce Dr built?
524 Spruce Dr was built in 1981.
How does 524 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 524 Spruce Dr?
524 Spruce Dr is a 2 bed, 1 bath, 850 sqft condos.
Is 524 Spruce Dr a flip candidate?
No — 524 Spruce Dr does not appear in our flips dataset.
Is 524 Spruce Dr a tax-appeal candidate?
No — 524 Spruce Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$329K
2026 Q4
$329.8K
ZIP 60074 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spruce Dr