OFF MARKET

Off market may 2024 for $230K

$257,361

Est. refi paymentEst. refi $1,141/mo

•

1,100

sq ft

516 N Wilke Rd #201, Palatine, IL 60074

About this home

Lake Louise Condominiums bright and spacious 2nd floor corner unit with 2 bedrooms and 2 full baths. Plenty of storage space. Large living room with a big sliding door leading to a balcony. Nice size kitchen with stainless steel appliances. Separate dining room. Master bedroom suite has a large closet, private full bath and a laundry room. Oversized 2nd bedroom. Bonus room can be used for storage or even a small office. This property shares a private hallway with only one other condo. 100+ yards from Lake Louise elementary school. Across the street from Wilke Marsh Nature Preserve with plenty of walking/bike trails. A wildlife watcher's paradise. Close to Palatine and Arlington Heights downtown areas. Easy access to IL-53.

CondoProperty Type

1970Year Built

$234Est. Price/Sq.Ft.

2 spacesParking

Listed by Peter Warzecha • arhome realty

Bought with Angelo Maranda • A M Realty Services LLC

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12032343

Redfin Estimate

$257,361

$27K since sold in May 2024$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.7% higher than the average sale price ($235K) of 6 comparable homes.

SOLD JUN 30, 2026
$245,000
A
2 beds2 baths1,029 sq ft
906 W Alleghany Dr Unit 1B, Arlington Heights, IL 60004
SOLD APR 29, 2026
$239,900
B
2 beds2 baths1,100 sq ft
906 W Alleghany Dr Unit 2A, Arlington Heights, IL 60004
SOLD JUN 5, 2026
$265,000
C
2 beds2 baths943 sq ft
902 W Alleghany Dr Unit 1D, Arlington Heights, IL 60004
SOLD AUG 28, 2026
$220,000
D
2 beds2 baths1,200 sq ft
2000 Bayside Dr #304, Palatine, IL 60074
SOLD AUG 28, 2026
$237,500
E
2 beds2 baths1,200 sq ft
1150 E Randville Dr Unit 1F, Palatine, IL 60074
SOLD BY REDFIN OCT 6, 2026
$200,000
F
2 beds2 baths1,100 sq ft
1275 E Baldwin Ln #104, Palatine, IL 60074

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$67,894

Est. take-home

List your home with Redfin and save $1,287

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,957/mo

Redfin rental estimate

List your home for rent

Market trends in 60074, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.8%

0.9% MoM

Median sale price

$345K

$2K MoM

Avg. days on market

41d

1 days MoM

Recently sold homes

134

3 MoM

New listings for sale

$224,500
2 beds2 baths1,200 sq ft
1364 E Wyndham Cir #103, Palatine, IL 60074
$160,000
1 bed1 bath900 sq ft
2000 Bayside Dr #313, Palatine, IL 60074
$199,900
2 beds2 baths1,203 sq ft
1130 E Randville Dr Unit 1B, Palatine, IL 60074
$399,900
3 beds2 baths1,864 sq ft
883 E Zinnia Ln, Palatine, IL 60074
$449,900
3 beds2 baths1,248 sq ft
503 N Schirra Dr, Palatine, IL 60074
$384,000
3 beds3.5 baths1,704 sq ft
377 E Forest Knoll Dr, Palatine, IL 60074
3D WALKTHROUGH
$189,900
2 beds2 baths1,100 sq ft
1472 Carol Ct Unit 3B, Palatine, IL 60074
$360,000
3 beds2.5 baths1,729 sq ft
1103 N Claremont Dr, Palatine, IL 60067
$233,000
2 beds2 baths1,092 sq ft
35 S Baybrook Dr #309, Palatine, IL 60074
$199,000
2 beds1 bath— sq ft
514 E Spruce Dr Unit 2B, Palatine, IL 60074
See all

Provided by Redfin

Sale history for 516 N Wilke Rd #201

Year

Property tax

Land + Additions

Assessment*

2023

$4,104 (+3.4%)

$3,445 + $14,599

$18,044

2022

$3,970 (+10.4%)

$2,901 + $10,960

$13,861

2021

$3,595 (+1.5%)

$1,813 + $9,255

$11,068

2020

$3,541 (−0.2%)

$1,813 + $9,255

$11,068

2019

$3,546 (+55.6%)

$1,813 + $10,553

$12,366

2018

$2,279 (+1.9%)

$1,631 + $5,702

$7,333

2017

$2,236 (+7.5%)

$1,631 + $5,702

$7,333

2016

$2,079 (−4.3%)

$1,631 + $5,702

$7,333

2015

$2,172 (+1.2%)

$1,450 + $5,622

$7,072

2014

$2,146 (+2.6%)

$1,450 + $5,622

$7,072

2013

$2,091 (−17.6%)

$1,450 + $5,622

$7,072

2012

$2,537 (+4.6%)

$1,722 + $7,742

$9,464

2011

$2,426 (+1.3%)

$1,722 + $7,742

$9,464

2010

$2,394 (−30.9%)

$1,722 + $7,742

$9,464

2009

$3,463 (+5.4%)

$1,631 + $13,401

$15,032

2008

$3,287 (+2.0%)

$2,610 + $13,214

$15,824

2007

$3,221

$2,610 + $13,214

$15,824

Tax history for 516 N Wilke Rd #201

Year

Property tax

Land + Additions

Assessment*

2023

$4,104 (+3.4%)

$3,445 + $14,599

$18,044

2022

$3,970 (+10.4%)

$2,901 + $10,960

$13,861

2021

$3,595 (+1.5%)

$1,813 + $9,255

$11,068

2020

$3,541 (−0.2%)

$1,813 + $9,255

$11,068

2019

$3,546 (+55.6%)

$1,813 + $10,553

$12,366

2018

$2,279 (+1.9%)

$1,631 + $5,702

$7,333

2017

$2,236 (+7.5%)

$1,631 + $5,702

$7,333

2016

$2,079 (−4.3%)

$1,631 + $5,702

$7,333

2015

$2,172 (+1.2%)

$1,450 + $5,622

$7,072

2014

$2,146 (+2.6%)

$1,450 + $5,622

$7,072

2013

$2,091 (−17.6%)

$1,450 + $5,622

$7,072

2012

$2,537 (+4.6%)

$1,722 + $7,742

$9,464

2011

$2,426 (+1.3%)

$1,722 + $7,742

$9,464

2010

$2,394 (−30.9%)

$1,722 + $7,742

$9,464

2009

$3,463 (+5.4%)

$1,631 + $13,401

$15,032

2008

$3,287 (+2.0%)

$2,610 + $13,214

$15,824

2007

$3,221

$2,610 + $13,214

$15,824

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

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

02132020051115

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 15, 2026.

Property details

Parking

Parking Information
# of Parking (Total): 2
Parking On-Site: Yes
Parking: Space/s
Parking Ownership: N/A

Interior

Bathroom Information
# of Baths (Full): 2

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Possible: 2

Room Information
Room Type: Storage
Level: Main
Dimensions: 6 x 5
Flooring: Wood Laminate

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 13 x 13
Flooring: Wood Laminate

Room Information
Room Type: Bedroom 3

Room Information
Room Type: Bedroom 4

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 9 x 8
Flooring: Wood Laminate

Room Information
Room Type: Family Room

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 11 x 8
Flooring: Ceramic Tile

Room Information
Room Type: Laundry
Level: Main
Dimensions: 3 x 3
Flooring: Ceramic Tile

Room Information
Room Type: Living Room
Level: Main
Dimensions: 16 x 16
Flooring: Wood Laminate

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 14 x 11
Flooring: Wood Laminate
Bath: Full

Additional Rooms Information
Dining Room: Combined w/ LivRm
Basement Description: None
Laundry Features: In Unit

Interior Features
# of Rooms: 5

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator

Exterior

Building Information
# Of Units in Building: 12
Living Area Source: Landlord/Tenant/Seller
Exterior Building Type: Brick
Age: 51-60 Years
Built Before 1978 (Y/N): Yes

Property Information
Property Type: Attached Single
Property Type: Condo
Ownership: Condo
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service,Interstate Access
Parcel Number: 02132020051115

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $3,969.83
Tax Year: 2022

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Electric: Circuit Breakers

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Window/Wall Units - 3+

Location

Community Information
Management: Manager Off-site
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 100

Homeowners Association Information
Association Fee: $373
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Master Association Fee Frequency: Not Required
Association Amenities: Exercise Room, Park, Pool

School Information
Elementary School District: 15
Elementary School: Lake Louise Elementary School
Middle Or Junior School District: 15
Middle Or Junior School: Winston Campus-Elementary
High School District: 211
High School: Palatine High School

Location Information
Unit Floor Level: 2
Subdivision Name: Lake Louise
Township: Palatine
Corporate Limits: Palatine
Directions: Palatine Rd. to Winston Dr., North to Palatine Frontage Rd., East to N. Wilke Rd, North to the property

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 02132020051115

Home facts updated by county records on Sep 15, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

About this building

Sorry, but there are no photos available for the building.

No units for sale

516 N Wilke Rd, Palatine, IL 60074

See photos & sale trends

Photo not available

Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Around this home

Schools

Lake Louise Elementary School

Public PreK-5 • Assigned • 0.1mi

5/10

Winston Campus Junior High School

Public 6-8 • Assigned • 1.0mi

5/10

Palatine High School

Public 9-12 • Assigned • 1.2mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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

2/10 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

$245,000 – $296,000

Reach more buyers when you sell with Redfin. Save up to $2,574 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$169,999

2 beds2 baths— sq ft

1 Renaissance Pl #618, Palatine, IL 60067

$218,900

2 beds1.5 baths1,400 sq ft

6 E Lillian Ave Unit 2B, Arlington Heights, IL 60004

$142,900

1 bed1 bath850 sq ft

1 Renaissance Pl #302, Palatine, IL 60067

$164,900

2 beds1 bath800 sq ft

1B E Dundee Quarter Dr #104, Palatine, IL 60074

$199,900

1 bed1 bath950 sq ft

950 E Wilmette Rd #121, Palatine, IL 60074

$153,900

2 beds2 baths— sq ft

1 Renaissance Pl #517, Palatine, IL 60067

New listings for sale in 60074

$224,500

2 beds2 baths1,200 sq ft

1364 E Wyndham Cir #103, Palatine, IL 60074

$160,000

1 bed1 bath900 sq ft

2000 Bayside Dr #313, Palatine, IL 60074

$199,900

2 beds2 baths1,203 sq ft

1130 E Randville Dr Unit 1B, Palatine, IL 60074

$399,900

3 beds2 baths1,864 sq ft

883 E Zinnia Ln, Palatine, IL 60074

$449,900

3 beds2 baths1,248 sq ft

503 N Schirra Dr, Palatine, IL 60074

$384,000

3 beds3.5 baths1,704 sq ft

377 E Forest Knoll Dr, Palatine, IL 60074

3D WALKTHROUGH

$189,900

2 beds2 baths1,100 sq ft

1472 Carol Ct Unit 3B, Palatine, IL 60074

$360,000

3 beds2.5 baths1,729 sq ft

1103 N Claremont Dr, Palatine, IL 60067

$233,000

2 beds2 baths1,092 sq ft

35 S Baybrook Dr #309, Palatine, IL 60074

Home values near 516 N Wilke Rd #201

Data from public records.

Address	Redfin Estimate
500 North Wilke Rd Apartment 105, Palatine, IL 1 Beds \| 1 Baths \| 850 Sq. Ft.	$213,600
516 North Wilke Rd Apartment 205, Palatine, IL 1 Beds \| 1 Baths \| 850 Sq. Ft.	$197,599

Address	Redfin Estimate
516 North Wilke Rd Apartment 206, Palatine, IL 2 Beds \| 2 Baths \| 1200 Sq. Ft.	$247,871
516 North Wilke Rd Apartment 101, Palatine, IL 2 Beds \| 2 Baths \| 1150 Sq. Ft.	$236,997

Address	Redfin Estimate
500 North Wilke Rd Apartment 201, Palatine, IL 2 Beds \| 2 Baths \| 1200 Sq. Ft.	$248,818
516 North Wilke Rd Apartment 106, Palatine, IL 2 Beds \| 2 Baths \| 1200 Sq. Ft.	$244,195

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

60004 homes for sale
60005 homes for sale
60067 homes for sale
60008 homes for sale
60010 homes for sale

Houses for rent in Palatine	Agents near me	Glenview, IL homes for sale	Palatine Housing Market
Houses for sale near me	Chicago, IL homes for sale	Evanston, IL homes for sale
Land for sale near me	Naperville, IL homes for sale	Oak Park, IL homes for sale
Open Houses near me	Schaumburg, IL homes for sale	Palatine Property Records
Condos for sale near me	Arlington Heights, IL homes for sale	IL New Listings

Arlington Heights homes for sale
Naperville homes for sale
Chicago homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 60074, IL

Sale history for 516 N Wilke Rd #201

Tax history for 516 N Wilke Rd #201

Public record

Property details

About this building

Unit Information Not Available

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60074

Home values near 516 N Wilke Rd #201

More real estate resources