1018 E Olde Virginia Rd is a 1,688 square foot house on a 4,770 square foot lot with 3 bedrooms and 2.5 bathrooms. Based on Redfin's Palatine data, we estimate the home's value is $465,584.
Single-familyProperty Type
1988Year Built
4,770 sq ftLot Size
$276Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$465,584
$23K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4% lower than the average sale price ($485K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2023
$7,491 (+4.1%)
$4,532 + $35,356
$39,888
2022
$7,193 (+17.0%)
$3,816 + $27,455
$31,271
2021
$6,146 (−0.6%)
$2,385 + $22,534
$24,919
2020
$6,186 (−0.5%)
$2,385 + $22,534
$24,919
2019
$6,215 (+7.9%)
$2,385 + $25,458
$27,843
2018
$5,759 (+1.3%)
$2,146 + $22,569
$24,715
2017
$5,683 (−18.8%)
$2,146 + $22,569
$24,715
2016
$6,995 (+27.3%)
$2,146 + $26,803
$28,949
2015
$5,495 (−19.2%)
$1,908 + $20,475
$22,383
2014
$6,797 (−3.2%)
$1,908 + $24,891
$26,799
2013
$7,022 (+12.3%)
$1,908 + $26,345
$28,253
2012
$6,253 (−10.6%)
$2,265 + $25,337
$27,602
2011
$6,997 (+17.4%)
$2,265 + $28,575
$30,840
2010
$5,960 (+20.4%)
$2,265 + $28,575
$30,840
2009
$4,949 (−9.3%)
$2,385 + $32,126
$34,511
2008
$5,454 (+20.5%)
$3,816 + $32,511
$36,327
2007
$4,526
$3,816 + $32,511
$36,327
Tax history for 1018 E Olde Virginia Rd
Year
Property tax
Land + Additions
Assessment*
2023
$7,491 (+4.1%)
$4,532 + $35,356
$39,888
2022
$7,193 (+17.0%)
$3,816 + $27,455
$31,271
2021
$6,146 (−0.6%)
$2,385 + $22,534
$24,919
2020
$6,186 (−0.5%)
$2,385 + $22,534
$24,919
2019
$6,215 (+7.9%)
$2,385 + $25,458
$27,843
2018
$5,759 (+1.3%)
$2,146 + $22,569
$24,715
2017
$5,683 (−18.8%)
$2,146 + $22,569
$24,715
2016
$6,995 (+27.3%)
$2,146 + $26,803
$28,949
2015
$5,495 (−19.2%)
$1,908 + $20,475
$22,383
2014
$6,797 (−3.2%)
$1,908 + $24,891
$26,799
2013
$7,022 (+12.3%)
$1,908 + $26,345
$28,253
2012
$6,253 (−10.6%)
$2,265 + $25,337
$27,602
2011
$6,997 (+17.4%)
$2,265 + $28,575
$30,840
2010
$5,960 (+20.4%)
$2,265 + $28,575
$30,840
2009
$4,949 (−9.3%)
$2,385 + $32,126
$34,511
2008
$5,454 (+20.5%)
$3,816 + $32,511
$36,327
2007
$4,526
$3,816 + $32,511
$36,327
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
P
Planned Development District
The purposes of planned development districts are as follows: To promote flexibility in the planning, design, and construction of development projects and to permit diversification in land uses and the location of structures, in accordance with an approved planned development that also protects adjacent land uses; To promote the effective use of land to facilitate a more economic arrangement of buildings, circulation systems, land uses and utilities; To preserve to the greatest extent possible the open space, landscape features and amenities and to utilize such features in a harmonious fashion; To combine and coordinate architectural styles, building forms and building relationships within the planned development; To insure a quality of design and construction, commensurate with other developments within the Village and; To provide developers reasonable assurance of approval before expenditure of complete design monies, while providing Village officials with assurance that the project will retain the character envisioned at the time of approval.
Property details
Interior
Basement Information
Basement Finish: Unfinished
Basement Type: Partial
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Multi-Level
Exterior Wall: Frame/Masonry
Building Type: Residential
Property Information
Subdivision Name: MEADOWLAKE
Living Sq. Ft: 1,688
# of Stories: 2
Stories Type: 2
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,770
Legal Lot Number: 73
Acres: 0.1095
County Use Description: RESID 2 STORY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,688
Stories: 2.0
Lot Size: 4,770 square feet
Style: Single Family Residential
Year Built: 1988
Year Renovated: —
County: Cook County
APN: 02123140260000
Home facts updated by county records on Sep 15, 2026
Around this home
Schools
Jane Addams Elementary School
Public PreK-5 • Assigned • 0.5mi
6/10
Winston Campus Junior High School
Public 6-8 • Assigned • 1.3mi
5/10
Palatine High School
Public 9-12 • Assigned • 0.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Palatine, IL • 60074
Average low and high temperatures (°F)
29
15
37
22
55
33
61
43
68
50
79
62
85
67
81
64
78
57
67
47
50
37
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$443,000 – $536,000
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