5508 Old Mill Ln, Rolling Meadows, IL 60008
Property image
Property image
OFF MARKET

5508 Old Mill Ln
Rolling Meadows, IL 60008

  • 3 Beds
  • 2 Baths
  • 2,100 sqft (on 0.25 acres)

$600,600

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $4,152/mo*
Refinance Your Home

$600,600

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $4,152/mo*
Refinance Your Home
3 Beds
2 Baths
2,100 sqft
(on 0.25 acres)

Home Value

Trulia Estimate
$601K
Since last month
Decreased$6K (-0.9%)
Since last year
Increased$31K (+5.5%)
Since last sale
Increased$211K (+54%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +61% in the last 10 years
MonthEstimated value
2026
August 2026$601K
July 2026$606K
June 2026$612K
May 2026$605K
April 2026$599K
March 2026$587K
February 2026$565K
January 2026$548K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2604 Pebblebrook Ln, Rolling Meadows, IL
0.17
Single-Family Home
$615,000
02/26/26
3
3
2,000
2704 Pebblebrook Ln, Rolling Meadows, IL
0.13
Single-Family Home
$675,000
06/22/26
4
3
2,411
2801 Mill Creek Ln, Rolling Meadows, IL
0.08
Single-Family Home
$645,000
07/13/26
5
2.5
3,500
112 Ironwood Ct, Rolling Meadows, IL
0.27
Single-Family Home
$633,000
03/31/26
4
2
2,202
108 Croftwood Ct, Rolling Meadows, IL
0.36
Single-Family Home
$490,000
02/20/26
4
2
2,331
5405 Silentbrook Ln, Rolling Meadows, IL
0.15
Single-Family Home
$758,000
05/22/26
5
2.5
3,262
5610 Silentbrook Ln, Rolling Meadows, IL
0.25
Single-Family Home
$736,000
10/16/25
4
2.5
2,349
2703 Pebblebrook Ln, Rolling Meadows, IL
0.16
Single-Family Home
$750,000
01/31/26
4
3.5
3,400
111 Mayberry Ct, Rolling Meadows, IL
0.27
Single-Family Home
$605,000
10/08/25
4
2.5
2,400
104 Croftwood Ct, Rolling Meadows, IL
0.34
Single-Family Home
$456,000
11/19/25
4
2.5
1,800

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5504 Deerfield Ln, Rolling Meadows, IL 60008
0.07
$802,500
5
2.5
3,292
Off Market
2801 Mill Creek Ln, Rolling Meadows, IL 60008
0.08
$645,000
5
2.5
3,500
Recently Sold
5404 Groveside Ln, Rolling Meadows, IL 60008
0.12
$719,300
4
2.5
2,636
Off Market
2800 Mill Creek Ln, Rolling Meadows, IL 60008
0.11
$697,400
4
2.5
2,184
Off Market
2702 Mill Creek Ln, Rolling Meadows, IL 60008
0.11
$771,700
5
2.5
3,270
Off Market
2614 Pebblebrook Ln, Rolling Meadows, IL 60008
0.13
$596,300
3
2.5
1,857
Off Market
2806 Mill Creek Ln S, Rolling Meadows, IL 60008
0.14
$640,500
4
2.5
2,132
Off Market
Address Not Disclosed, Rolling Meadows, IL 60008
0.16
$750,000
4
3.5
3,400
Recently Sold
2604 Mill Creek Ln, Rolling Meadows, IL 60008
0.13
$525,500
3
2.5
2,176
Recently Sold
2803 Pebblebrook Ln, Rolling Meadows, IL 60008
0.18
$848,400
4
2.5
3,019
Off Market
2604 Pebblebrook Ln, Rolling Meadows, IL 60008
0.17
$615,000
3
3
2,000
Recently Sold
5405 Silentbrook Ln, Rolling Meadows, IL 60008
0.15
$758,000
5
2.5
3,262
Recently Sold

Local Information

  • Map ViewExplore the area around 5508 Old Mill Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1981
Lot Size
0.25 acres
Living Area
2,100 sqft
Price/Sqft
$286
Parking
Garage

About this House

A RARE find! 3 Bed. RANCH in PLUM GROVE CREEK! This PRISTINE home has been lovingly cared for. Spacious rooms with plenty of closet space. Kitchen includes walk-in pantry, desk station and eating area.Air conditioner., furnace, gutters, siding, roof, all replaced. Award winning schools and conveniently located to expressway, shop, restaurants. This home is in perfect condition. Enjoy one floor of easy living!
5508 Old Mill Ln, Rolling Meadows, IL 60008 is a 3 bedroom, 2 bathroom, 2,100 sqft single-family home built in 1981. It last sold for $390,000 on Oct 17, 2018. It is currently off market. The Trulia Estimate is $600,600, with a rent estimate of $3,412/month.

Home Details for 5508 Old Mill Ln

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Stone
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 0.25 acres

Price and Tax history

DateEventPrice
Oct 17, 2018
Source: N/A
Sold
$390,000
Aug 31, 2012
Source: MRED as distributed by MLS GRID #08105689
Sold
$339,900
Jul 11, 2012
Source: Agent Provided
Pending
$349,900
Jul 3, 2012
Source: Agent Provided
Listed For Sale
$349,900

Market trends in Palatine

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$370K
$29.17KMoM
Sale-to-List Price
100.7%
0.4%MoM
Price per sq ft
$246
$8MoM
Available listings
219
2MoM

Around this home

What Locals Say about Palatine

At least 542 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 84 % Say car is needed

  • 79 % Say parking is easy

  • 78 % Say there are sidewalks

  • 74 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 68 % Say it's quiet

  • 67 % Say people would walk alone at night

  • 63 % Say there's wildlife

  • 63 % Say streets are well-lit

  • 61 % Say yards are well-kept

  • 57 % Say it's walkable to restaurants

  • 57 % Say it's walkable to grocery stores

  • 52 % Say they plan to stay for at least 5 years

  • 51 % Say neighbors are friendly

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kasey Egle
    "You definitely need a car to get around to most places. Some places are walkable but it is much easier to get around with a car. My commute to the city Chicago is always great and convenient using the local Palatine Metra Station."
    2
    Flag
  • Luke Fischer
    "Soccer games and walking in the park. Pickle ball under the lights. Green lawns and flowers. Downtown festivals and parades. "
    0
    Flag
  • Schaedig5
    "Lots of dogs in the neighborhood. People keep them on leashes and are always walking the sidewalks. "
    0
    Flag
  • 4h8zhsv4r2
    "Friendly neighbors and easy access to so many outdoor activities and walking paths. Golf restaurants and bars all around "
    0
    Flag
  • June Holmstrom
    "Block party, outdoor concerts, holiday parades, friendly neighbors, close to everything, excellent walkability."
    0
    Flag
  • Michael Anzalone
    "Like the forest preserve trails to walk their dog . There are a few places Togo . Also there is a mini dog Park "
    0
    Flag
  • Maryjean79
    "Lots of dog owners here and many walking paths. Most dog owners are thoughtful of other neighbors when walking their dogs "
    0
    Flag
  • Elizabeth Strong
    "Palatine has a great mix of affordable housing, including apartments, townhouses, and single-family homes. With plenty of stores, access to the highway, and multiple large forest preserves, it’s a great mix of green space and accessibility. I think our library is top-tier and there are plenty of free community activities for kids and adults. "
    0
    Flag
  • Susan S.
    "Winding streets, friendly neighbors, great schools, neighborhood Easter egg hunts , sleigh rides, and block parties! We have lived here for 25 years "
    0
    Flag
  • Everferreyra
    "Friendly family community makes it a great living place. Trails and forest preserves around the area make it a plus"
    0
    Flag
  • Kaseyegle
    "The Palatine Jaycees Festival during the 4th of July Weekend, Palatine Oktoberfest, and Town Square events. Downtown Palatine also has so many restaurants and things to enjoy."
    1
    Flag
  • Elizabeth Strong
    "Lots of people are out walking their dogs. I see people using leashes and the dogs look well-behaved"
    0
    Flag
  • Schaedig5
    "We’ve been living here for over 10 years and love that everything is so close. Safe community with great neighbors. "
    0
    Flag
  • Julia Eltringham
    "Very drivable and public transportation is available, if needed. I drive about twenty minutes to get to work"
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for 7 months and it's quite peaceful and quiet out here and it's got good proximity to marketplaces like Walmart, gas stations, schools. "
    0
    Flag
  • Jairo M.
    "Depending on where you live you may be limited to the dog. But Dog’s are welcomed and you must look after them. And The city requires you to register your dogs with a small fee. "
    8
    Flag
  • Robards3314
    "There are a lot of parks. Many people have dogs, and you se dogs around everywhere. Our neighborhood is definitely dog friendly."
    5
    Flag
  • Unjomm
    "Fireworks! Carnival! Bike show! Fresh food farm market! Easter Egg Hunting at local churches!!! Petting zoo at churches is fun! Flea market is fun too!!!!!! "
    2
    Flag
  • Unjomm
    "4th of july fireworks at the palatine park district! Carnivals for children!!! Farmer market! Bike show"
    1
    Flag
  • Haley H.
    "Everyone has dogs and everyone is friendly and says hi to each other when passing. Sjshshdjdksb sjskcksjah "
    0
    Flag
  • Laismamao
    "I see people walking their dogs all the time and dogs seem welcome in the neighborhood. There are parks around too "
    0
    Flag
  • Agjames
    "I lived here for two years. No problems at all. Decent people and Very diverse. I always felt safe no matter what time of the day. "
    0
    Flag
  • Haley H.
    "There is a farmers market on Saturday mornings and street fest in August with bands and Oktoberfest in September"
    1
    Flag
  • Jacob P.
    "Very safe, friendly families, close to main transportation and excellent schools. Highly recommend this community "
    0
    Flag
  • Patrycefenty
    "I drive my car, there are no buses around. the train station is about 15 minutes from me. There are Also no sidewalks to walk along, but there is a forest preserve near by. "
    1
    Flag
  • Rita D.
    "Everyone is friendly. Great place to raise children. There are a lot things to do in Palatine. Great parks for children and downtown Palatine is beautiful."
    0
    Flag
  • Rita D.
    "I’ve lived in Palatine for 20 years and feel safe. The neighbors are friendly and helpful and an all in all great neighborhood and great area to raise your children."
    0
    Flag
  • Tattoonams
    "I love palatine. It’s a great place to live close to train stations buses and most major stores and banks. As well as easy access to highways "
    0
    Flag
  • Rosaura8
    "Friendly and convenient and have lived here 20 years. Close proximity to major highways and stores. Close to my employer office."
    0
    Flag
  • Bacik_20
    "Taxes are outrageous, people aren’t friendly, weather is garbage, hopefully moving soon! Too many people live here as well. "
    9
    Flag
  • Rita C.
    "I think Palatine is unique in a way because it has a nice neighborhood feel to it. even walking down the street people say hi when they walk by. its cozy and comfortable and everyone is friendly. I love living here."
    0
    Flag
  • Kavita
    "This is very peaceful neighborhood with all easy approach stores parks restaurants and well maintained surroundings "
    0
    Flag
  • Gypsylee B.
    "There are plenty of things. There are neighborhood festivals. There are plenty of family owned restaurants too."
    0
    Flag
  • Kat S.
    "Don’t know public transport. Traffic sucks because of all the IL and US major roads which means they’re terribly plowed because they’re controlled my IDOT. Couple of intersections have frequent accidents. "
    2
    Flag
  • Vinodan_4
    "Schools are decent. I work nearby so commute is easy. traffic does not get too congested. In all good quiet place. "
    0
    Flag
  • Matthew H.
    "Great area to raise a family. It has always feels like Hometown, USA. I would recommend to anyone moving in the area."
    0
    Flag
  • Rupali M.
    "No interaction with neighbors and no social interaction within the society, specially the Parkside where we live."
    0
    Flag
  • Anthony P.
    "There are many families that live in the surrounding condominiuns. There are always people walking their dogs and going to the nearby "dog park" (converted tennis court)."
    0
    Flag
  • Michael K. C.
    "I drive to Waukegan every day and it’s pretty congested most days, I get stuck in traffic almost every day "
    0
    Flag
  • Maryjean79
    "I commute to another suburb. 20 minute drive. Close to major highways. You can take commuter train to downtown Chicago. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5508 Old Mill Ln

  • What is 5508 Old Mill Ln estimated to be worth?
    Trulia's estimated value for 5508 Old Mill Ln in Rolling Meadows, IL is $600,600.
  • What is the price history for 5508 Old Mill Ln?
    5508 Old Mill Ln in Rolling Meadows, IL last sold for $390,000 in October 2018.
  • Is Rolling Meadows a buyer's or seller's market?
    Rolling Meadows is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Rolling Meadows?
    The median sale price in Rolling Meadows is $370K. That is up $29.17K from the prior month.
  • Does 5508 Old Mill Ln have air conditioning?
    Yes, 5508 Old Mill Ln in Rolling Meadows, IL has air conditioning.
  • How big is the lot at 5508 Old Mill Ln?
    The lot at 5508 Old Mill Ln in Rolling Meadows, IL is about 0.25 acres (10,930 sq ft).

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Off Market Homes Near 5508 Old Mill Ln

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