Cook County property record for 1518 E Olive St, Palatine, IL 60074
| Property Type | Single Family Home |
|---|---|
| Details | 4 bd · 1.5 ba · 1,774 sqft · built 1954 |
| Lot Size | 0.379 acres (16,500 sqft) |
| Owner | Individual Name on Record |
| Tax Bill | $6,630 (2023) |
| Deeds & Mortgages | Jan 2026 Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 02-24-404-067 |
| Primary APN | 02-24-404-067 |
|---|---|
| Alternative APN |
|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 1.5 Baths |
| Half Baths | 1 Half Bath |
| Total Rooms | 6 Rooms |
| Stories | 1 Story |
| Building Area | 1,774 sqft Living Area |
| 1st Floor Area | 1,774 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1954 |
|---|---|
| Effective Year Built | Effective 1955 |
| Architectural Style | Bungalow |
| Exterior Material | Wood |
| Construction Type | Frame |
| Roof Material | Asphalt |
| Lot Area | 16,500 sqft (0.379 acres) |
| Garage Type | Attached |
| Parking Spaces | 1 Parking Space |
| Cooling System | HVAC |
|---|---|
| Heating System | HVAC |
| Street Address | 1518 E OLIVE ST |
|---|---|
| City | PALATINE |
| State | IL |
| Zip | 60074-7613 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Range | 10E |
| Legal Township | 42N |
| Legal Section | 24 |
| Legal Subdivision | BROMELLS |
| Legal Lot Number | 36 |
| Jurisdiction | COOK IL |
| Township / Civil Division | PALATINE |
| Census Block Group | 2 |
| Census Block | 2008 |
| Census Tract | 803901 |
Source: Cook County records, as of May 27, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Individual Name on Record |
|---|---|
| Mailing Address | 1518 E OLIVE ST, PALATINE, IL 60074-7613 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Deed Names | Name on Deed |
|---|---|
| Last Transfer Date | Jan 22, 2015 |
| Transfer Doc | 0000022034 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 1518 E OLIVE ST, PALATINE, IL 60074-7613 |
| Transaction Type | Mortgage |
| Record Updated | Feb 9, 2026 |
| Name | Verified Name |
|---|---|
| Address | 1518 W OLIVE ST, PALATINE, IL 60074 |
| Document Number | 0002822194 |
|---|---|
| Date | Jan 28, 2026 |
| Instrument | 2602822194 |
| Name | BMO BANK NA |
|---|---|
| Type | Bank |
| Address | CHICAGO, IL 60606 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Jan 26, 2056 |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 7.69% |
| Change Frequency | Monthly |
Source: Cook County assessment roll, as of May 27, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Cook County |
| County Subdivision | Palatine Township |
| Municipality | Palatine Village |
| Elementary School District | Palatine Community Consolidated School District 15 (PK - 08) |
| Secondary School District | Township High School District 211 (09 - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $35,000 (+25%) Land $11,550 Building $23,450 | $350,000 (+25%) Land $115,500 Building $234,500 | |
| 2023 | $6,630.00 (+3.32%) | ||
| 2022 | $6,417.00 Homeowner's exemption Senior Citizen's exemption | $28,000 Land $9,900 Building $18,100 | $280,000 Land $99,000 Building $181,000 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 1 in force |
| Nearby Flood Claims | 1 (1978) |
| Most Recent Claim | Aug 1978 · rainfall accumulation |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 97% of the US · lower than 79% of Illinois |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | PALATINE serves 70,875 people · EPA ID IL0312340 |
|---|---|
| Water Source | Purchased surface water from NORTHWEST WATER COMMISSION |
| Last State Inspection | Feb 2026 |
| Lead | 9 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 456 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · DSL in parts of the area | 5,000 / 5,000 |
| Xfinity Cable | 2,000 / 250 |
| Astound Broadband Cable | 1,500 / 50 |
| Verizon Fixed Wireless | 1,000 / 75 |
| T-Mobile Fixed Wireless | 100 / 20 |
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