This home's estimate is 13.1% lower than the average sale price ($406K) of 5 comparable homes.
Search- Overview
- Sale & tax history
- Property details
- Neighborhood
- Climate
490 W Shady Lane Rd, Palatine, IL 60074
About this home
Whether you are looking for a starter house, income property, or want to downsize, this home may be for you! It's in a GREAT location, too. 2.5 car garage. Improvements include new roof and siding in 2015 along with new garage door and opener and a new furnace, new appliances in 2017 & 2020, new hot water heater installed in 2018, new brick pavers patio and new Renewal by Andersen windows installed in 2019, replaced asphalt blacktop driveway and had front and rear professional landscaping completed in summer 2020. Great location that is close to IL-53, a short walk to Deer Park Town Center and Century 16 Deer Park Movie theater with a lot of shopping and restaurant choices as well as a walking and/or biking path and close proximity to Cook County Forest Preserves. Recently appraised by licensed real estate appraiser. Owner represented by attorney to handle sale.
Redfin Estimate
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Market trends in 60074, IL
Last updated August 2026
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Provided by Redfin
Sale history for 490 W Shady Lane Rd
$257/sq ft
$264/sq ft
$265/sq ft
$211/sq ft
$21/sq ft
Tax history for 490 W Shady Lane Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # Of Cars: 2.5
- # of Garage Spaces: 2.5
- Parking: Garage
- Garage Ownership: Owned
- Garage On-Site: Yes
- Garage Type: Detached
- Garage Details: Garage Door Opener(s)
Interior
- Bathroom Information
- # of Baths (Full): 1
- Bedroom Information
- # of Bedrooms: 3
- # of Bedrooms Possible: 3
- Additional Rooms Information
- Basement Description: None
- Interior Features
- Interior Features: Bar-Dry
- # of Rooms: 5
- Equipment
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
- CO Detectors, Ceiling Fan(s)
Exterior
- Exterior Features
- Exterior Features: Brick Paver Patio
- Building Information
- Living Area Source: Landlord/Tenant/Seller
- Exterior Building Type: Vinyl Siding
- Age: 61-70 Years
- Built Before 1978 (Y/N): Yes
- Roof: Asphalt
- Foundation Details: Concrete Perimeter
- Property Information
- Property Type: Detached Single
- Property Type: 1 Story
- Ownership: Fee Simple
- Rebuilt (Y/N): No
- Rehab (Y/N): Yes
- Rehab Year: 2017
- Parcel Number: 02031040100000
- Lot Information
- Dimensions: 62X165
- Lot Size: .25-.49 Acre
- Lot Features: Landscaped, Wooded
Financial
- Tax Information
- Tax Annual Amount: $4,242.34
- Tax Year: 2020
- Tax Exemptions: Homeowner
- Financial Information
- Finance Code: FHA
- Special Service Area: N
Utilities
- Utility Information
- Water Source: Lake Michigan
- Sewer: Public Sewer
- Electric: Fuses
- Heating & Cooling
- Heating: Natural Gas
- Cooling: Central Air
Location
- Community Information
- Community Features: Curbs, Street Paved
- Homeowners Association Information
- Master Association Fee Frequency: Not Required
- School Information
- Elementary School District: 15
- Middle Or Junior School District: 15
- High School District: 211
- Location Information
- Subdivision Name: Barrington Woods
- Township: Palatine
- Corporate Limits: Palatine
- Directions: From W Lake Cook Rd, right onto N Big Oak Rd, right onto W Shady Lane Rd
Public facts
- Beds: 2
- Baths: 1.5
- Sq. Ft.: 864
- Stories: 1.0
- Lot Size: 9,975 square feet
- Style: Single Family Residential
- Year Built: 1955
- Year Renovated: —
- County: Cook County
- APN: 02031040100000
Other
- Listing Information
- Holds Earnest Money: No
- Possession: Closing
- Teams Information
- Buyer Team Name: C Starr Team
Around this home
Schools
Public PreK-5 • Assigned • 1.9mi
Public 6-8 • Assigned • 1.7mi
Public 9-12 • Assigned • 2.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 100° expected this year, 14 days in 30 years
1% chance of strong winds in next 30 years
3 unhealthy days expected this year, 3 days in 30 years
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.
Nearby similar homes
New listings for sale in 60074
Home values near 490 W Shady Lane Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 992 Sq. Ft. | $385,377 |
3 Beds | 2 Baths | 1486 Sq. Ft. | $421,763 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 906 Sq. Ft. | $322,370 |
3 Beds | 1 Baths | 1203 Sq. Ft. | $322,001 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 992 Sq. Ft. | $346,121 |
2 Beds | 2.5 Baths | 1521 Sq. Ft. | — |
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