Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    420 Palatine Rd Palatine, IL 60067-4977

    • Garden apartment buildings
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2524917
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 420 Palatine Rd

    Year built
    1965
    Lot size
    0.65 lot acres
    Property type
    Garden apartment buildings
    APN
    02-15-304-045
    APU
    215304045

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0542
    Latitude
    42.1109
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $39,798
    $42,645
    $96,313
    $138,958
    -
    $426,450
    $963,130
    $1,389,580

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      436 Stephen Dr

      GARDEN APT, COURT APT (5+ UNITS) • 0.23 Acres
      436 Stephen Dr, Palatine, IL 60067-2371
      View Details
    • Value Estimation by Request
      0.38 Acres

      411 Hicks Rd

      GARDEN APT, COURT APT (5+ UNITS) • 0.38 Acres
      411 Hicks Rd, Palatine, IL 60067-3617
      View Details
    • Value Estimation by Request
      0.23 Acres

      436 Stephen Dr

      GARDEN APT, COURT APT (5+ UNITS) • 0.23 Acres
      436 Stephen Dr, Palatine, IL 60067-2371
      View Details
    • Value Estimation by Request
      9,936 SF

      440 Palatine Rd

      GARDEN APT, COURT APT (5+ UNITS) • 9,936 SF
      440 Palatine Rd, Palatine, IL 60067-4979
      View Details
    • Value Estimation
      $895,000
      0.38 Acres

      421 Hicks Rd

      GARDEN APT, COURT APT (5+ UNITS) • 0.38 Acres
      421 Hicks Rd, Palatine, IL 60067-3618
      View Details
    • Value Estimation
      $1,150,000
      1.28 Acres

      300 Brockway St, Unit 8

      GARDEN APT, COURT APT (5+ UNITS) • 1.28 Acres
      300 Brockway St, Palatine, IL 60067-3552
      View Details

    Similar Nearby for Sale

    • $20,000,000
      112,000 SF

      Palatine Condo Deconversion Opportunity

      132-unit condo deconversion opportunity in downtown Palatine, Illinois.
      140 W Wood St, Palatine, IL 60067
      View Details
    • $525,000
      2,546 SF

      Palatine Multifamily Investment

      Two-unit building, prime location.
      111 Palatine Rd, Palatine, IL 60067
      View Details
    • $3,250,000
      1.00 Acre

      Downtown Palatine Redevelopment Opportunity

      1 Acre, Mixed-Use Potential, $3.25M
      180 Smith St, Palatine, IL 60067
      View Details
    • $399,800
      1,782 SF

      Spacious Townhome with Finished Basement

      Updated 2-bedroom townhome with finished basement and private outdoor space.
      1535 W Ethans Glen Dr, Palatine, IL 60067
      View Details
    • $210,000
      0.16 Acres

      Mayflower Shopping Center: Prime Retail Space

      High-traffic retail center; 40,000 sq ft available.
      145 Smith St, Palatine, IL 60067
      View Details
    • Contact for pricing
      10,448 SF

      River West Development Opportunity

      Land with income-generating billboard in River West/West Town.
      550 W Colfax St, Palatine, IL 60067
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo

      Remodeled End Unit Apartment

      Newly remodeled 2-bedroom apartment with garage near Palatine downtown.
      115 Hamilton Dr, Palatine, IL 60067
      View Details
    • $22 SF/Yr
      29,395 SF

      Palatine Office Park Investment

      Prime Palatine office space, 8 suites available.
      675 North Ct, Palatine, IL 60067
      View Details
    • Contact for pricing
      1,170 SF

      Retail Space Near Harper College

      Retail spaces available near Harper College and Fremd High School.
      720 West Euclid Ave, Palatine, IL 60067
      View Details
    • Contact for pricing

      Palatine Retail Storefront For Rent

      High visibility corner storefront with easy access and abundant parking.
      60 W Palatine Rd, Palatine, IL 60067
      View Details
    • Contact for pricing
      59,795 SF

      Palatine Warehouse Space Available

      59795 square foot warehouse space for lease in Palatine.
      560 S Hicks Rd, Palatine, IL 60067
      View Details
    • $16 SF/Yr
      250 SF

      Palatine Office Space Available

      Office space available for lease in Palatine, Illinois.
      3-21 E Northwest Hwy, Palatine, IL 60067
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    420 Palatine Rd
    Palatine, IL 60067-4977
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.