981 Tulip Way
Palatine, IL 60074
2 bd 1 ba 962 sqft Built 1964 Lot 10,110 sqft single_family
Most recent sale
$225,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 25, 2022 | Sold | $225,000 | Public Record |
| Jul 22, 2022 | Sold | $225,000 | MLS #11391525 |
| May 2, 2022 | Listing removed | $229,900 | MRED |
| May 2, 2022 | Listed | $229,900 | MLS #11391525 |
| Mar 8, 2022 | Listing removed | $229,900 | MRED |
| Jul 2, 2021 | Listed | $229,900 | MLS #11143385 |
| Mar 21, 2000 | Sold | $154,500 | Public Record |
| Nov 15, 1999 | Sold | $126,500 | Public Record |
| Nov 10, 1999 | Sold | $126,500 | Public Record |
| Jul 11, 1988 | Sold | $110,000 | Public Record |
| Nov 1, 1985 | Sold | $67,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $16,729 | $6,571 | $23,300 | $6,897 |
| 2022 | $18,099 | $6,571 | $24,670 | $7,065 |
| 2021 | $10,812 | $5,560 | $16,372 | $5,317 |
| 2020 | $10,812 | $5,560 | $16,372 | $5,237 |
| 2019 | $12,795 | $5,560 | $18,355 | $5,264 |
| 2018 | $14,951 | $5,055 | $20,006 | $6,217 |
| 2017 | $14,951 | $5,055 | $20,006 | $6,100 |
| 2016 | $14,951 | $5,055 | $20,006 | $5,673 |
| 2015 | $14,007 | $4,549 | $18,556 | $5,701 |
| 2014 | $14,007 | $4,549 | $18,556 | $5,632 |
| 2013 | $14,007 | $4,549 | $18,556 | $5,488 |
| 2012 | $15,233 | $5,307 | $20,540 | $5,507 |
| 2011 | $15,233 | $5,307 | $20,540 | $5,265 |
| 2010 | $15,233 | $5,307 | $20,540 | $5,196 |
| 2009 | $22,579 | $5,560 | $28,139 | $6,483 |
| 2008 | $20,724 | $8,896 | $29,620 | $6,153 |
| 2007 | $20,724 | $8,896 | $29,620 | $6,030 |
| 2006 | $14,697 | $5,661 | $20,358 | $4,459 |
Property facts
Year built
1964
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
962 sqft
Lot size
10,110 sqft
ZIP code
60074
City
Palatine
Street
Tulip Way
Coordinates
42.14106, -88.01958
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,732
Gross rental yield
9.24%
Implied cap rate
6.00%
Trend-extrapolated value
—
Frequently asked questions
When did 981 Tulip Way last sell?
981 Tulip Way most recently sold on Jul 22, 2022 for $225,000.
What is the current tax assessment for 981 Tulip Way?
The most recent total assessment for 981 Tulip Way (year 2023) is $23,300 with $6,897 in property tax.
How does 981 Tulip Way's assessment compare to its last sale price?
The current assessment is 89.6% below the last sale price of $225,000.
When was 981 Tulip Way built?
981 Tulip Way was built in 1964.
How does 981 Tulip Way compare to others on Tulip Way?
We track 1 other property on Tulip Way. Browse the list under "Other properties on Tulip Way" to compare beds, baths, and sale history.
What are the property facts for 981 Tulip Way?
981 Tulip Way is a 2 bed, 1 bath, 962 sqft, 10,110 sqft lot single_family.
Is 981 Tulip Way a flip candidate?
No — 981 Tulip Way does not appear in our flips dataset.
Is 981 Tulip Way a tax-appeal candidate?
No — 981 Tulip Way 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 Tulip Way