1550 E Alison Dr, Palatine, IL 60074 Property Records

Cook County property record for 1550 E Alison Dr, Palatine, IL 60074

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 1,302 sqft · built 1959
Lot Size	0.284 acres (12,353 sqft)
Owner	Individual Name on Record
Last Sale	$265,000 (Aug 2017)
Tax Bill	$9,473 (2023)
Deeds & Mortgages	Jul 2020 Mortgage Aug 2017 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`02-13-412-029`

Property Details

APN / Parcel Number

Primary APN	`02-13-412-029`
Alternative APN	`02-13-412-029-0000`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,302 sqft Living Area
1st Floor Area	1,302 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1959
Effective Year Built	Effective 1960
Architectural Style	Bungalow
Exterior Material	Brick/Stone
Construction Type	Frame
Roof Material	Asphalt
Lot Area	12,353 sqft (0.284 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC

Location & Zoning

Street Address	1550 E ALISON DR
City	PALATINE
State	IL
Zip	60074-5744
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	(WINSTON) PARK (NORTHWEST)(UNIT1) SUB IN SEC 13-42-10
Legal Range	10E
Legal Township	42N
Legal Section	13
Legal Subdivision	WINSTON PARK NORTHWEST UNIT1
Legal Block	8
Legal Lot Number	22
Legal Unit	1
Jurisdiction	COOK IL
Township / Civil Division	PALATINE
Census Block Group	3
Census Block	3016
Census Tract	803607

Owner

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	1550 E ALISON DR, PALATINE, IL 60074-5744
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jul 2, 2020	Quit Claim Deed, Transfer CARDINAL FIN'L
Aug 14, 2017	Warranty Deed, Transfer · FHA Mortgage ALTERRA HM LNS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 14, 2017 · Amount on Record
Deed Sale	Aug 14, 2017 · Amount on Record
Prior Sale	Dec 20, 1999 · Amount on Record
Deed Document Number	20171083
Last Transfer Date	May 16, 2020
Transfer Doc	0000049203
Record Updated	Oct 29, 2026

July 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	COOK IL
Recording Date	Jul 2, 2020
Property Address	1550 E ALISON DR, PALATINE, IL 60074-5744
Document Number	2018349203
Instrument Date	May 16, 2020
Instrument	18349203
Transaction Type	Transfer
Record Updated	Jul 14, 2020
Title Company	CARRINGTON TITLE PARTNERS LLC, CARRINGTON TITLE PTRS LLC

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	1550 E ALISON DR PALATINE IL 600745744, PALATINE, IL 60074-5744

Mortgage

Document Number	2018349204
Date	Jul 2, 2020
Instrument	18349204

Lender

Name	CARDINAL FIN'L
Type	Funding / Finance Company
Address	CHARLOTTE, NC 28273

Agreement

Amount	Amount Recorded
Term	360 Months
Due	Jul 1, 2050

Interest

Rate Type	Fixed Rate
Rate	3.37%

August 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Aug 14, 2017
Property Address	1550 E ALISON DR, PALATINE, IL 60074-5744
Document Number	1722601083
Instrument Date	Aug 1, 2017
Instrument	22601083
Transaction Type	Transfer
Record Updated	Aug 31, 2017
Title Company	ATTORNEY'S TITLE, ATTORNEYS TITLE GUARANTY FUND

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$265.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	5401 CHATEAU #5 ROLLING MEADOWS IL 600084132, 5, ROLLING MEADOWS, IL 60008-4132

Mortgage

Document Number	1722601084
Date	Aug 14, 2017
Instrument	22601084

Lender

Name	ALTERRA HM LNS
Address	LAS VEGAS, NV 89145

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Aug 13, 2047

Interest

Rate	4.5%

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

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)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$34,000 (+6.25%) Land $11,735 Building $22,265	$340,000 (+6.25%) Land $117,350 Building $222,650
2023	$9,473.00 (+3.37%)
2022	$9,164.00	$31,999 Land $9,882 Building $22,117	$319,990 Land $98,820 Building $221,170

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

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
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	1 in force
Nearby Flood Claims	1 (1982)
Most Recent Claim	Dec 1982 · 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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 420 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
AT&T DSL	100 / 20

May also be available: Astound Broadband, T-Mobile.

Cell Coverage

5G (outdoors only) and 4G LTE

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