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503 Williams Ave

Palatine, IL 60074

3 bd 3 ba 2,060 sqft Built 1942 Lot 19,689 sqft single_family
Most recent sale
$390,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $390,000 MLS #11417879
Aug 22, 2022 Relisted $399,900 MLS #11417879
Aug 15, 2022 Listing removed $399,900 MRED
Jul 31, 2022 Price changed $399,900 MLS #11417879
Jun 23, 2022 Listed $415,000 MLS #11417879
Apr 1, 1988 Sold $109,200 Public Record
May 10, 1978 Sold $66,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $23,190 $11,809 $34,999 $10,532
2022 $23,190 $11,809 $34,999 $8,474
2021 $25,059 $6,889 $31,948 $7,943
2020 $25,059 $6,889 $31,948 $7,272
2019 $28,688 $6,889 $35,577 $7,213
2018 $25,308 $6,396 $31,704 $7,909
2017 $25,308 $6,396 $31,704 $7,625
2016 $25,308 $6,396 $31,704 $8,145
2015 $19,014 $5,904 $24,918 $7,181
2014 $19,014 $5,904 $24,918 $7,122
2013 $19,014 $5,904 $24,918 $6,927
2012 $15,045 $8,857 $23,902 $6,026
2011 $15,045 $8,857 $23,902 $5,870
2010 $15,045 $8,857 $23,902 $5,620
2009 $20,936 $9,349 $30,285 $5,864
2008 $16,922 $14,959 $31,881 $4,971
2007 $16,922 $14,959 $31,881 $4,281
2006 $13,652 $10,235 $23,887 $4,492

Property facts

Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,060 sqft
Lot size
19,689 sqft
ZIP code
60074
City
Palatine
Street
Williams Ave
Coordinates
42.10101, -88.00885

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,708
Gross rental yield
11.41%
Implied cap rate
7.42%
Trend-extrapolated value

Frequently asked questions

When did 503 Williams Ave last sell?
503 Williams Ave most recently sold on Sep 29, 2022 for $390,000.
What is the current tax assessment for 503 Williams Ave?
The most recent total assessment for 503 Williams Ave (year 2023) is $34,999 with $10,532 in property tax.
How does 503 Williams Ave's assessment compare to its last sale price?
The current assessment is 91.0% below the last sale price of $390,000.
When was 503 Williams Ave built?
503 Williams Ave was built in 1942.
How does 503 Williams Ave compare to others on Williams Ave?
We track 4 other properties on Williams Ave. Browse the list under "Other properties on Williams Ave" to compare beds, baths, and sale history.
What are the property facts for 503 Williams Ave?
503 Williams Ave is a 3 bed, 3 bath, 2,060 sqft, 19,689 sqft lot single_family.
Is 503 Williams Ave a flip candidate?
No — 503 Williams Ave does not appear in our flips dataset.
Is 503 Williams Ave a tax-appeal candidate?
No — 503 Williams Ave 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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