Cook County Value

331 Grayfriars Ln Inverness, IL 60067

4 bed / 2 bath, 2,174 sqft, built 1968, in Palatine. Assessor market value for 2025: $920,000.

Cook County account 02211000380000

Assessor market value
$920,000
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
2,174 sqft
$423 per sqft
Year built
1968
Average quality

Compare this assessment

Start with the county value and property facts, then review appraisal comps, recent sales, and prior-year changes to decide whether the assessment is worth challenging. The comps on this page are free to review; email sign-in is only used to save a printable report.

For nearby context, browse ZIP 60067 and Palatine assessment pages.

Appeal deadlines

For Palatine, appeals to the Assessor are open through (16 days left).

Deadline rule: Set by township: file with the Assessor by your township's last file date, and with the Board of Review while your township is open there. Evidence is reviewed by the Cook County Assessor's Office or, in a separate appeal, by the Cook County Board of Review. Dates checked against the official source.

Assessment snapshot

These public CCAO records highlight what may be worth checking before you file.

  • Assessment changeThe assessor market value stayed about the same, from $920,000 in 2024 to $920,000 in 2025.
  • Assessor market value per square footThe current public record shows about $423 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Palatine neighborhood and ZIP 60067.
  • Neighborhood value signalAmong 198 residential records in the same neighborhood, the average assessor market value is about $249 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values stayed about flat on average.

Comparable assessments

Similar public appraisal records selected for this property's equity comparison.

  • 1900 Pheasant Trl Inverness, IL 60067
    2,121 sqft | $274/sqft | built 1966 | Similar size (2,121 vs 2,174 sqft); Similar age (1966 vs 1968); Similar lot size (47,480 vs 51,340 sqft)
    $581,900
  • 363 Grayfriars Ln Inverness, IL 60067
    2,319 sqft | $274/sqft | built 1966 | 7% larger (2,319 vs 2,174 sqft); Similar age (1966 vs 1968); Similar lot size (53,326 vs 51,340 sqft)
    $636,330
  • 1500 Appleby Rd Inverness, IL 60067
    2,357 sqft | $395/sqft | built 1969 | 8% larger (2,357 vs 2,174 sqft); Similar age (1969 vs 1968); Similar lot size (55,539 vs 51,340 sqft)
    $930,000
  • 1656 Durham Dr Inverness, IL 60067
    2,158 sqft | $283/sqft | built 1959 | Similar size (2,158 vs 2,174 sqft); Lot 15% larger (59,242 vs 51,340 sqft); Same quality (Average)
    $610,000
  • 166 Halkirk Cir Inverness, IL 60067
    2,466 sqft | $259/sqft | built 1967 | 13% larger (2,466 vs 2,174 sqft); Similar age (1967 vs 1968); Similar lot size (48,831 vs 51,340 sqft)
    $638,880

Recent comparable sales

Sales selected by similarity to the subject property.

  • 1703 Durham Dr Inverness, IL 60067
    2,000 sqft | $370/sqft | built 1959 | 8% size difference (2,000 sqft); Moderate age difference (9 years older); Within 1 bedroom (3 vs 4)
    $740,000

Public appraisal comparison for 2025. Prepared . Appraisal source: Cook County Assessor's Office. Sales data checked in this snapshot: . Showing the last prepared sales evidence while recent sales are refreshed. Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Up 40.0% in 2025 from 2024.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2025$920,000+$263,000+40.0%
2024$657,000+$244,250+59.2%
2023$412,750−$53,410−11.5%
2022$466,160+$60,850+15.0%
2021$405,310+$100.0%
2020$405,300——
5-year total+$514,700+127.0%