Cook County property record for 1551 E Olive St, Palatine, IL 60074
| Property Type | Single Family Home |
|---|---|
| Details | 5 bd · 4.5 ba · 4,119 sqft · built 2012 |
| Lot Size | 0.321 acres (13,967 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $880,000 (Sep 2026) |
| Tax Bill | $19,466 (2023) |
| Deeds & Mortgages | Sep 2026 Sale & Mortgage Mar 2018 Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 02-24-407-065 |
| Primary APN | 02-24-407-065 |
|---|---|
| Alternative APN |
|
| Bedrooms | 5 Beds |
|---|---|
| Full Baths | 4.5 Baths |
| Half Baths | 1 Half Bath |
| Total Rooms | 9 Rooms |
| Stories | 2 Stories |
| Building Area | 4,119 sqft Living Area |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 2012 |
|---|---|
| Effective Year Built | Effective 2013 |
| Architectural Style | Multi-Level |
| Exterior Material | Brick/Stone |
| Construction Type | Masonry / Concrete Block |
| Roof Material | Asphalt |
| Lot Area | 13,967 sqft (0.321 acres) |
| Garage Type | Attached |
| Parking Spaces | 2 Parking Spaces |
| Cooling System | Central |
|---|---|
| Heating System | HVAC |
| Street Address | 1551 E OLIVE ST |
|---|---|
| City | PALATINE |
| State | IL |
| Zip | 60074-7613 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Subdivision | OLIVE & WILKE RESUB |
| Legal Lot Number | 2-4 |
| Jurisdiction | COOK IL |
| Township / Civil Division | PALATINE |
| Census Block Group | 2 |
| Census Block | 2013 |
| Census Tract | 803901 |
1551 E Olive St is owned and occupied by two individuals who bought it in September 2026.
Source: Cook County records, as of September 22, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 1551 E OLIVE ST, PALATINE, IL 60074-7613 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Vesting | Tenants by the Entirety |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Sep 11, 2026 | Warranty Deed, Transfer · Conventional Mortgage A MORTGAGE SERVICES |
| Mar 12, 2018 | Deed of Trust, Mortgage · Line of Credit US BK |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Sep 11, 2026 · Amount on File |
| Deed Sale | Sep 11, 2026 · Amount on File |
| Prior Sale | Feb 13, 2015 · Amount on File |
| Deed Document Number | 202625416049 |
| Prior Transfer Date | May 31, 2013 |
| Prior Transfer Doc | 0000013093 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | COOK IL |
| Recording Date | Sep 11, 2026 |
| Property Address | 1551 E OLIVE ST, PALATINE, IL 60074-7613 |
| Document Number | 0000016049 |
| Instrument Date | Aug 18, 2026 |
| Instrument | 202616049 |
| Transaction Type | Transfer |
| Record Updated | Sep 22, 2026 |
| Title Company | FIDELITY NATIONAL TITLE |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $133,320.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenants by the Entirety |
| Address | 1551 E OLIVE ST, PALATINE, IL 60074-7613 |
| Document Number | 0000016050, |
|---|---|
| Date | Sep 11, 2026 |
| Instrument | 202625416050 |
| Name | A MORTGAGE SERVICES |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Sep 1, 2056 |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 6% |
| Initial Type | Adjustable Rate |
| Adjustable | Adjustable Rate Rider |
| Max Rate | -1% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOK IL |
| Property Address | 1551 E OLIVE ST, PALATINE, IL 60074-7613 |
| Document Number | 1808246039 |
| Instrument Date | Mar 12, 2018 |
| Transaction Type | Mortgage |
| Record Updated | Apr 2, 2018 |
| Title Company | TITLE SERVICE AND LIAISON COMPANIES |
| Name | Verified Name |
|---|---|
| Relationship | Married Couple |
| Address | 1551 E OLIVE ST PALATINE IL 600747613, PALATINE, IL 60074-7613 |
| Document Number | 1808246039 |
|---|---|
| Date | Mar 23, 2018 |
| Instrument | 8246039 |
| Name | US BK |
|---|---|
| Type | Bank |
| Address | CINCINNATI, OH 45202 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Mar 22, 2048 |
| Rate Type | Adjustable Rate |
|---|
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 | $93,000 Land $9,777 Building $83,223 | $930,000 Land $97,770 Building $832,230 | |
| 2023 | $19,466.00 (+2.6%) | ||
| 2022 | $18,973.00 Homeowner's exemption | $67,999 Land $8,380 Building $59,619 | $679,990 Land $83,800 Building $596,190 |
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.
FEMA maps place 1551 E Olive St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1978.
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.
Wildfire risk around 1551 E Olive St is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 86% of Illinois |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
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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