OFF MARKET

Off market aug 2016 for $226K

$404,776

Est. refi paymentEst. refi $1,870/mo

•

1,500

sq ft

1055 E Olde Virginia Rd, Palatine, IL 60074

About this home

The PRICE JUST GOT BETTER!! in Meadow Lake!!! Great INTERIOR LOCATION. NEWER: ROOF, SIDING, GARAGE DOOR & OPENER. Wood Laminate flooring on 1st and 2nd FLOORS! UPDATED KITCHEN. Separate DINING ROOM with SLIDERS to HUGE DECK & FENCED YARD. VAULTED CEILINGS IN LR/DR. Large LOWER LEVEL FAMILY ROOM W/ ADJACENT BONUS ROOM FOR TOYS OR COMPUTER. 1 BLOCK TO PALATINE HS. NOT A SHORT SALE OR FORECLOSURE. PRICED TO SELL!! Needs some TLC. Priced Accordingly!!

Single-familyProperty Type

1987Year Built

6,300 sq ftLot Size

$270Est. Price/Sq.Ft.

2 car garageParking

Listed by Patricia Loftus • Keller Williams Success Realty

Bought with Hugo Estarita • HomeSmart Connect LLC

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #09213005

Redfin Estimate

$404,776

$179K since sold in August 2016$34K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.2% lower than the average sale price ($446K) of 5 comparable homes.

SOLD BY REDFIN AUG 28, 2026
$449,000
A
3 beds2.5 baths1,550 sq ft
1036 E Meadow Lake Dr, Palatine, IL 60074
SOLD JUL 10, 2026
$525,900
B
3 beds2 baths1,610 sq ft
955 N Topanga Dr, Palatine, IL 60074
SOLD DEC 23, 2025
$340,000
C
3 beds2 baths1,050 sq ft
1149 N Cardinal Dr, Palatine, IL 60074
SOLD JUN 8, 2026
$485,000
D
3 beds2 baths1,486 sq ft
840 E Marshall Ct, Palatine, IL 60074
SOLD JUN 26, 2026
$430,000
E
3 beds2 baths1,500 sq ft
605 N Rohlwing Rd, Palatine, IL 60074

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Earn from this home

Sell

$243,454

Est. take-home

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Refinance

Est. cash available

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Rent

$1,590/mo

Redfin rental estimate

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Market trends in 60074, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.5%

0.8% MoM

Median sale price

$345K

$10K MoM

Avg. days on market

41d

1 days MoM

Recently sold homes

137

5 MoM

New listings for sale

NEW 14 HRS AGO
$185,000
2 beds2 baths1,000 sq ft
1462 Carol Ct Unit 3B, Palatine, IL 60074
$565,000
4 beds2.5 baths1,724 sq ft
707 E Monterey Rd, Palatine, IL 60074
$205,000
1 bed1 bath950 sq ft
950 E Wilmette Rd #121, Palatine, IL 60074
$269,900
2 beds2 baths1,173 sq ft
945 E Kenilworth Ave #325, Palatine, IL 60074
$179,900
2 beds1 bath800 sq ft
1311 N Baldwin Ct Unit 3A, Palatine, IL 60074
$262,000
2 beds1 bath1,000 sq ft
1952 N Hidden Creek Cir #7, Palatine, IL 60074
EARLY ACCESS
$325,000
4 beds2 baths1,019 sq ft
1261 N Ashland Ave, Palatine, IL 60074
$850,000
— beds— baths7,000 sq ft
552 E Northwest Hwy, Palatine, IL 60074
$365,000
3 beds2.5 baths1,581 sq ft
448 E Fawn Ln, Palatine, IL 60074
$217,500
2 beds2 baths1,150 sq ft
2000 Bayside Dr #110, Palatine, IL 60074
See all

Provided by Redfin

Sale history for 1055 E Olde Virginia Rd

Date

Event

Price

MRED as Distributed by MLS Grid #09213005

Aug 1, 2016

Sold (MLS) (Closed Sale)

$226,000

$151/sq ft

May 6, 2016

Contingent

—

May 5, 2016

Price Changed

$219,900

$147/sq ft

May 2, 2016

Listed (New)

$230,000

$153/sq ft

MRED as Distributed by MLS Grid #07662228

Nov 9, 2010

Listing Removed

—

MRED as Distributed by MLS Grid #07595727

Oct 22, 2010

Listing Removed

—

MRED as Distributed by MLS Grid #07548615

Jul 30, 2010

Listing Removed

—

Jul 12, 2010

Contingent

—

Public Records

Jul 31, 2002

Sold

$245,000

$163/sq ft

Public Records

Aug 14, 2000

Sold

$210,000

$140/sq ft

Public Records

Mar 5, 1999

Sold

$185,000

$123/sq ft

Public Records

Dec 17, 1996

Sold

$166,500

$111/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$8,196 (+3.8%)

$6,072 + $32,929

$39,001

2022

$7,899 (+2.9%)

$5,112 + $25,887

$30,999

2021

$7,674 (+0.5%)

$3,195 + $23,764

$26,959

2020

$7,632 (−0.3%)

$3,195 + $23,764

$26,959

2019

$7,655 (+9.0%)

$3,195 + $26,927

$30,122

2018

$7,023 (+1.9%)

$2,875 + $19,725

$22,600

2017

$6,891 (+7.5%)

$2,875 + $19,725

$22,600

2016

$6,408 (−12.0%)

$2,875 + $19,725

$22,600

2015

$7,285 (+1.2%)

$2,556 + $21,155

$23,711

2014

$7,196 (+2.6%)

$2,556 + $21,155

$23,711

2013

$7,012 (−9.0%)

$2,556 + $21,155

$23,711

2012

$7,709 (+4.6%)

$3,035 + $25,717

$28,752

2011

$7,370 (+1.3%)

$3,035 + $25,717

$28,752

2010

$7,274 (+0.9%)

$3,035 + $25,717

$28,752

2009

$7,209 (+5.4%)

$3,195 + $28,096

$31,291

2008

$6,842 (+2.0%)

$5,112 + $27,826

$32,938

2007

$6,705

$5,112 + $27,826

$32,938

Tax history for 1055 E Olde Virginia Rd

Year

Property tax

Land + Additions

Assessment*

2023

$8,196 (+3.8%)

$6,072 + $32,929

$39,001

2022

$7,899 (+2.9%)

$5,112 + $25,887

$30,999

2021

$7,674 (+0.5%)

$3,195 + $23,764

$26,959

2020

$7,632 (−0.3%)

$3,195 + $23,764

$26,959

2019

$7,655 (+9.0%)

$3,195 + $26,927

$30,122

2018

$7,023 (+1.9%)

$2,875 + $19,725

$22,600

2017

$6,891 (+7.5%)

$2,875 + $19,725

$22,600

2016

$6,408 (−12.0%)

$2,875 + $19,725

$22,600

2015

$7,285 (+1.2%)

$2,556 + $21,155

$23,711

2014

$7,196 (+2.6%)

$2,556 + $21,155

$23,711

2013

$7,012 (−9.0%)

$2,556 + $21,155

$23,711

2012

$7,709 (+4.6%)

$3,035 + $25,717

$28,752

2011

$7,370 (+1.3%)

$3,035 + $25,717

$28,752

2010

$7,274 (+0.9%)

$3,035 + $25,717

$28,752

2009

$7,209 (+5.4%)

$3,195 + $28,096

$31,291

2008

$6,842 (+2.0%)

$5,112 + $27,826

$32,938

2007

$6,705

$5,112 + $27,826

$32,938

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

6,391 Sq. Ft.

Year renovated

—

Sq. Ft.

1,050

Year built

1986

Style

Single Family Residential

County

Cook County

APN

02123130260000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 15, 2026.

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

Parking

Parking Information
# Of Cars: 2
# of Garage Spaces: 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)
Driveway: Asphalt

Interior

Bathroom Information
# of Baths (Full): 2
Basement Bathrooms (Y/N): Yes

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3

Room Information
Room Type: Study
Level: Lower
Dimensions: 10 x 10
Window Treatments: None
Flooring: Vinyl

Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 11 x 11
Window Treatments: None
Flooring: Carpet

Room Information
Room Type: Bedroom 3
Level: Second
Dimensions: 10 x 13
Window Treatments: None
Flooring: Carpet

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 11 x 8
Window Treatments: None
Flooring: Wood Laminate

Room Information
Room Type: Family Room
Level: Lower
Dimensions: 19 x 23
Window Treatments: None
Flooring: Carpet

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 11 x 12
Window Treatments: None
Flooring: Wood Laminate

Room Information
Room Type: Living Room
Level: Main
Dimensions: 14 x 18
Window Treatments: None
Flooring: Wood Laminate

Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 13 x 12
Window Treatments: None
Flooring: Carpet

Additional Rooms Information
Dining Room: L-shaped
Basement: Walkout
Basement Description: Finished

Interior Features
Interior Features: Vaulted/Cathedral Ceilings
# of Rooms: 8

Equipment
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
CO Detectors, Ceiling Fan(s), Sump Pump

Exterior

Exterior Features
Exterior Features: Deck

Building Information
Living Area Source: Estimated
Exterior Building Type: Brick
Age: 26-30 Years
Built Before 1978 (Y/N): No
Roof: Asphalt
Foundation Details: Concrete Perimeter

Property Information
Property Type: Detached Single
Property Type: Split Level
Ownership: Fee Simple
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 02123130260000

Lot Information
Dimensions: 70X90
Lot Size: Less Than .25 Acre
Lot Features: Corner Lot

Financial

Tax Information
Tax Annual Amount: $7,709
Tax Year: 2014

Financial Information
Finance Code: Other
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Community Features: Sidewalks

School Information
Elementary School District: 15
Elementary School: JANE ADDAMS ELEMENTARY SCHOOL
Middle Or Junior School District: 15
Middle Or Junior School: WINSTON CAMPUS-JUNIOR HIGH
High School District: 211
High School: PALATINE HIGH SCHOOL

Location Information
Subdivision Name: MEADOW LAKE
Township: PALATINE
Corporate Limits: PALATINE
Directions: PALATINE RD (EAST OF ROHWLING) TO WILLIAMS NORTH TO OLDE VIRGINIA WEST TO HOME

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,050
Stories: 2.0
Lot Size: 6,391 square feet
Style: Single Family Residential
Year Built: 1986
Year Renovated: —
County: Cook County
APN: 02123130260000

Home facts updated by county records on Sep 15, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

Jane Addams Elementary School

Public PreK-5 • Assigned • 0.4mi

6/10

Winston Campus Junior High School

Public 6-8 • Assigned • 1.3mi

5/10

Palatine High School

Public 9-12 • Assigned • 0.3mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 69-77% 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)

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

$385,000 – $466,000

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New listings for sale in 60074

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Home values near 1055 E Olde Virginia Rd

Data from public records.

Address	Redfin Estimate
1046 East Olde Virginia Rd, Palatine, IL 3 Beds \| 2.5 Baths \| 1050 Sq. Ft.	$439,403
1033 East Olde Virginia Ct, Palatine, IL 3 Beds \| 2.5 Baths \| - Sq. Ft.	$497,165

Address	Redfin Estimate
1058 East Olde Virginia Rd, Palatine, IL 3 Beds \| 2.5 Baths \| 1688 Sq. Ft.	$476,688
1067 East Olde Virginia Rd, Palatine, IL 3 Beds \| 2.5 Baths \| 1688 Sq. Ft.	$485,966

Address	Redfin Estimate
1035 East Olde Virginia Ct, Palatine, IL 3 Beds \| 2.5 Baths \| 1773 Sq. Ft.	$473,010
1027 East Olde Virginia Ct, Palatine, IL 3 Beds \| 2.5 Baths \| 1688 Sq. Ft.	$473,769

Property information provided by MRED as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60074, IL

Sale history for 1055 E Olde Virginia Rd

Tax history for 1055 E Olde Virginia Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60074

Home values near 1055 E Olde Virginia Rd

More real estate resources