Cook County Value

493 E Palatine Rd, Palatine, IL 60074

2 bed / 1 bath, 890 sqft, built 1950, in Palatine. Assessor market value for 2025: $240,000.

Cook County account 02232010040000

Assessor market value
$240,000
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
890 sqft
$270 per sqft
Year built
1950
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 (15 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 $240,000 in 2024 to $240,000 in 2025.
  • Assessor market value per square footThe current public record shows about $270 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 2,438 residential records in the same neighborhood, the average assessor market value is about $253 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.

  • 353 W Johnson St, Palatine, IL 60067
    880 sqft | $250/sqft | built 1949 | Similar size (880 vs 890 sqft); Similar age (1949 vs 1950); Similar lot size (9,810 vs 9,660 sqft)
    $220,000
  • 306 E Colfax St, Palatine, IL 60067
    884 sqft | $305/sqft | built 1950 | Similar size (884 vs 890 sqft); Built same year (1950); Similar lot size (9,975 vs 9,660 sqft)
    $270,010
  • 215 S Smith St, Palatine, IL 60067
    888 sqft | $282/sqft | built 1952 | Similar size (888 vs 890 sqft); Similar age (1952 vs 1950); Similar lot size (9,180 vs 9,660 sqft)
    $250,000
  • 615 E Palatine Rd, Palatine, IL 60074
    870 sqft | $287/sqft | built 1946 | Similar size (870 vs 890 sqft); Similar age (1946 vs 1950); Similar lot size (9,720 vs 9,660 sqft)
    $250,000
  • 324 S Hale St, Palatine, IL 60067
    897 sqft | $334/sqft | built 1950 | Similar size (897 vs 890 sqft); Built same year (1950); Similar lot size (9,000 vs 9,660 sqft)
    $300,000

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: . 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 4.3% in 2025 from 2024.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2025$240,000+$10,000+4.3%
2024$230,000$00.0%
2023$230,000$00.0%
2022$230,000+$40,030+21.1%
2021$189,970$00.0%
2020$189,970——
5-year total+$50,030+26.3%