Cook County Value

486 Falkirk Pl, Palatine, IL 60074

3 bed / 2 bath, 3,514 sqft, built 1992, in Palatine. Assessor market value for 2025: $720,000.

Cook County account 02031110060000

Assessor market value
$720,000
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
3,514 sqft
$205 per sqft
Year built
1992
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 60074 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 $720,000 in 2024 to $720,000 in 2025.
  • Assessor market value per square footThe current public record shows about $205 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 60074.
  • Neighborhood value signalAmong 58 residential records in the same neighborhood, the average assessor market value is about $193 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.

  • 425 Rosiland Dr, Palatine, IL 60074
    3,881 sqft | $204/sqft | built 1992 | 10% larger (3,881 vs 3,514 sqft); Built same year (1992); Similar lot size (13,666 vs 13,650 sqft)
    $790,000
  • 485 Rosiland Dr, Palatine, IL 60074
    3,870 sqft | $204/sqft | built 1991 | 10% larger (3,870 vs 3,514 sqft); Similar age (1991 vs 1992); Similar lot size (13,335 vs 13,650 sqft)
    $790,000
  • 470 Rosiland Dr, Palatine, IL 60074
    4,072 sqft | $199/sqft | built 1992 | Built same year (1992); Similar lot size (13,905 vs 13,650 sqft); Same quality (Average)
    $810,000
  • 506 Rosiland Dr, Palatine, IL 60074
    4,006 sqft | $190/sqft | built 1992 | 14% larger (4,006 vs 3,514 sqft); Built same year (1992); Similar lot size (14,948 vs 13,650 sqft)
    $760,000
  • 566 Rosiland Dr, Palatine, IL 60074
    2,922 sqft | $231/sqft | built 1991 | Similar age (1991 vs 1992); Similar lot size (14,245 vs 13,650 sqft); Same quality (Average)
    $673,540

Recent comparable sales

No usable comparable sales are available in this data snapshot.

Public appraisal comparison for 2025. Prepared . Appraisal source: Cook County Assessor's Office. Sales data checked in this snapshot: . Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Up 29.2% in 2025 from 2024.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2025$720,000+$162,630+29.2%
2024$557,370$00.0%
2023$557,370−$52,630−8.6%
2022$610,000+$142,730+30.5%
2021$467,270+$100.0%
2020$467,260——
5-year total+$252,740+54.1%