Sold for $345,000

Street View

$345,000

40 S Leonard Rd, Palatine, IL 60074

3beds

1baths

1,146sqft

SingleFamily

Built in 1956

0.46 Acres Lot

$371,500 Zestimate^®

$301/sqft

$2,823 Estimated rent

Home value

$371,500

$331,000 - $416,000

$2,823/mo

Zestimate^® history

Owner options

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$2,823/mo

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$2,823/mo

Rent Zestimate^®

Refinance and save

$2,452/mo

Est. payment

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$2,452/mo

Est. payment

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What's special

Cheery yellow exterior with green accents. Large windows in living room. Newer architectural shingled roof. Neighborhood Description Quiet neighborhood, but within walking distance to Twin Lake recreation area, middle school and churches. Easy access to downtown Palatine, Route 53, US 90, and Palatine Northwestern train station. Nearby entertainment including Arlington Park Racetrack and Woodfield Shopping Mall.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1.5

Heating

Forced air, Gas

Cooling

Central

Appliances

Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Tile, Carpet, Hardwood, Slate
Basement: None

Interior area

Total interior livable area: 1,146 sqft

Property

Parking

Parking features: Garage - Attached

Features

Exterior features: Wood

Lot

Size: 0.46 Acres

Details

Parcel number: 0224100012

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Foundation: Crawl/Raised
Roof: Shake / Shingle

Condition

Year built: 1956

Community & HOA

Location

Region: Palatine

Financial & listing details

Price per square foot: $301/sqft
Tax assessed value: $320,000

Price history

Date	Event	Price
3/28/2025	Sold	$345,000-4.1%$301/sqft
Source: Public Record Report a problem
1/15/2025	Listed for sale	$359,800$314/sqft
Source: MRED as distributed by MLS GRID #12201038 Report a problem
1/13/2025	Contingent	$359,800$314/sqft
Source: MRED as distributed by MLS GRID #12201038 Report a problem
1/6/2025	Price change	$359,800-5.3%$314/sqft
Source: MRED as distributed by MLS GRID #12201038 Report a problem
11/1/2024	Listed for sale	$379,800+103.6%$331/sqft
Source: MRED as distributed by MLS GRID #12201038 Report a problem
9/1/1999	Sold	$186,500$163/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$32,000
2023	$8,632 +2.8%	$32,000
2022	$8,397 +13.8%	$32,000 +26.7%
2021	$7,379 +0.7%	$25,256
2020	$7,328 -0.4%	$25,256 -10.5%
2019	$7,357 +11.8%	$28,219 +19.1%
2018	$6,580 +1.6%	$23,692
2017	$6,475 +2.9%	$23,692
2016	$6,295 +4.3%	$23,692 +10.9%
2015	$6,036 +0.8%	$21,363
2014	$5,989 +2.9%	$21,363
2013	$5,822 -15.1%	$21,363 -20.4%
2012	$6,856 +2.9%	$26,850
2011	$6,661 +2.9%	$26,850
2010	$6,475 +7.5%	$26,850 -13.2%
2009	$6,021 +17.6%	$30,934 -5%
2008	$5,118 +15.7%	$32,562
2007	$4,424 +1.8%	$32,562 +32.2%
2006	$4,347 +6.7%	$24,637
2005	$4,076 +4.9%	$24,637
2004	$3,887 -1%	$24,637 +29.5%
2003	$3,928 +3.1%	$19,027
2002	$3,809 +18.4%	$19,027
2001	$3,218 +1%	$19,027 +20.4%
2000	$3,187 -11.4%	$15,804
1999	$3,598	$15,804