$10
Tax assessed value
Common Area, Palatine, IL 60067
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.18 | Lot/Land | $125,000 | 09/22/25 | 2 | - | 1,104 | |
0.71 | Lot/Land | $249,500 | 05/14/26 | - | - | ||
1.31 | Lot/Land | $150,000 | 06/17/26 | - | - | ||
1.49 | Lot/Land | $560,000 | 06/24/26 | - | - | ||
1.50 | Lot/Land | $500,000 | 09/18/25 | - | - | ||
1.89 | Lot/Land | $118,000 | 09/30/25 | - | - | ||
2.14 | Lot/Land | $120,000 | 11/21/25 | - | - | ||
3.02 | Lot/Land | $1,875,000 | 05/19/26 | - | - | ||
3.17 | Lot/Land | $1,850,000 | 11/07/25 | - | - | ||
3.56 | Lot/Land | $150,000 | 04/03/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.02 | $629,200 | 3 | 1.5 | 2,151 | Off Market | |
0.00 | $1,044,600 | 5 | 4.5 | 3,424 | Off Market | |
0.00 | $275,000 | 2 | 2 | 1,253 | Recently Sold | |
0.00 | $1,139,200 | 4 | 3.5 | 3,200 | Off Market | |
0.00 | $289,500 | 2 | 2 | 1,081 | For Sale | |
0.00 | $326,400 | 2 | 2 | 1,253 | Off Market | |
0.00 | $1,250,000 | 4 | 4 | 3,373 | Recently Sold | |
0.00 | $283,800 | 1 | 1 | - | Off Market | |
0.00 | $344,400 | 2 | 2 | 1,416 | Off Market | |
0.00 | $292,600 | 2 | 2 | 1,112 | Off Market | |
0.00 | $339,400 | 2 | 2 | 1,386 | Off Market | |
0.00 | $332,100 | 2 | 2 | 1,382 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
0.78 acres
About this House
This lot/land is located at Common Area, Palatine, IL. Common Area is in Palatine, IL and in ZIP code 60067. This property has a lot size of 0.78 acres.
Common Area, Palatine, IL 60067 is a lot/land. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,190/month.
Home Details for Common Area
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Property Type / Style Property Type: Lot Land |
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Lot Area: 0.78 acres |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | Unavailable | $10 |
Home facts updated by county records
Market trends in Palatine
Last updated July 2026
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about Common Area
- Is Palatine a buyer's or seller's market?Palatine is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Palatine?The median sale price in Palatine is $370K. That is up $29.17K from the prior month.
- What do residents say about Palatine?Residents describe Palatine, IL as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Palatine, IL.
- What are the closest schools to Common Area?The closest schools to Common Area in Palatine, IL are Plum Grove Jr High School (rated 8/10), Stuart R Paddock School (Pre-K/Elementary, rated 9/10), Wm Fremd High School (rated 10/10).