Cook County Value

949 Lily Ln, Palatine, IL 60074

4 bed / 1 bath, 2,050 sqft, built 1963, in Palatine. Assessor market value for 2025: $430,000.

Cook County account 02013080200000

In line with similar homes

8 similar homes nearby support a value at or above your county value.

Assessor market value$430,000
Similar homes$443,804
No gap: similar homes are at or above the county value · bars start at $0

How sure: High · 8 similar homes (5 shown below) · public records only

Assessor market value
$430,000
Tax year 2025 · before exemptions; the assessed value on your notice is 10% of it
Living area
2,050 sqft
$210 per sqft
Year built
1963
Average quality

What we found

Similar homes' assessments

Weak

1 of 8 similar homes is assessed lower per square foot. Their similarity-weighted median is $213.61/sqft, but land is valued apart from the home, and some of them have less land value per square foot of home than yours, which counts as $87,390. Counting your land in place of theirs where theirs is less, they support a value of $443,804.

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 $430,000 in 2024 to $430,000 in 2025.
  • Assessor market value per square footThe current public record shows about $210 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 381 residential records in the same neighborhood, the average assessor market value is about $209 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values stayed about flat on average.

Comparable assessments

Showing 5 of the 8 similar homes in this property's equity comparison, from public appraisal records.

  • 865 Zinnia Ln, Palatine, IL 60074
    1,980 sqft | $222/sqft | built 1968 | Similar size (1,980 vs 2,050 sqft); Similar age (1968 vs 1963); Similar lot size (12,160 vs 11,652 sqft)
    $440,000
  • 1813 Iris Dr, Palatine, IL 60074
    1,980 sqft | $212/sqft | built 1970 | Similar size (1,980 vs 2,050 sqft); Similar lot size (11,993 vs 11,652 sqft); Same quality (Average)
    $420,000
  • 913 Zinnia Ln, Palatine, IL 60074
    1,946 sqft | $211/sqft | built 1968 | 5% smaller (1,946 vs 2,050 sqft); Similar age (1968 vs 1963); Similar lot size (12,160 vs 11,652 sqft)
    $410,000
  • 1041 Capri Dr, Palatine, IL 60074
    2,013 sqft | $214/sqft | built 1963 | Similar size (2,013 vs 2,050 sqft); Built same year (1963); Lot 14% smaller (9,981 vs 11,652 sqft)
    $430,000
  • 885 Holly Way, Palatine, IL 60074
    2,048 sqft | $215/sqft | built 1967 | Similar size (2,048 vs 2,050 sqft); Similar age (1967 vs 1963); Lot 11% smaller (10,340 vs 11,652 sqft)
    $440,000

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: . Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Up 34.4% in 2025 from 2024.

Assessor market value by tax year, with the change from the previous year listed
Tax yearAssessor market valueChangeChange %
2025$430,000+$110,000+34.4%
2024$320,000$00.0%
2023$320,000$00.0%
2022$320,000+$53,240+20.0%
2021$266,760+$100.0%
2020$266,750——
5-year total+$163,250+61.2%