1563 E Olive St, Palatine, IL 60074 Property Records

Cook County property record for 1563 E Olive St, Palatine, IL 60074

Property Summary

Property TypeSingle Family Home
Details6 bd · 4.5 ba · 3,905 sqft · built 2015
Lot Size0.359 acres (15,624 sqft)
OwnerIndividual Name on File
Last Sale$592,500 (Dec 2015)
Tax Bill$15,785 (2023)
Deeds & MortgagesDec 2021 Mortgage
Jul 2020 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN02-24-407-066

Property Details

APN / Parcel Number

Primary APN02-24-407-066
Alternative APN
  • 02-24-407-066-0000

Interior

Bedrooms6 Beds
Full Baths4.5 Baths
Half Baths1 Half Bath
Total Rooms10 Rooms
Stories2 Stories
Building Area3,905 sqft Living Area
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2015
Effective Year BuiltEffective 2016
Exterior MaterialBrick/Stone
Construction TypeFrame
Roof MaterialAsphalt
Lot Area15,624 sqft (0.359 acres)
Garage TypeAttached
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC

Location & Zoning

Street Address1563 E OLIVE ST
CityPALATINE
StateIL
Zip60074-7613
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal SubdivisionOLIVE & WILKE RESUB
Legal Lot Number2-4
JurisdictionCOOK IL
Township / Civil DivisionPALATINE
Census Block Group2
Census Block2013
Census Tract803901

Owner

1563 E Olive St is owned and occupied by an individual who acquired it in March 2020.

Source: Cook County records, as of May 27, 2026

Owner of RecordIndividual Name on File
Mailing Address1563 E OLIVE ST, PALATINE, IL 60074-7613
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Dec 28, 2021Deed of Trust, Mortgage · Conventional Mortgage
JPMORGAN CHASE BANK NA
Jul 24, 2020Deed of Trust, Mortgage · Conventional Mortgage
JP MORGAN CHASE BK
Aug 20, 2021Intrafamily Transfer, Transfer
ATTORNEY
Feb 19, 2020Deed of Trust, Mortgage · Conventional Mortgage
JP MORGAN CHASE BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 4, 2015 · Amount on File
Deed SaleDec 4, 2015 · Amount on File
Prior SaleApr 8, 2014 · Amount on File
Deed Document Number201526020
Last Transfer DateMar 16, 2020
Transfer Doc0000016007
Record UpdatedOct 29, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address1563 E OLIVE ST, PALATINE, IL 60074-7613
Transaction TypeMortgage
Record UpdatedJan 11, 2022
Title CompanyCITYWIDE TITLE CORPORATION

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0036241051
DateDec 28, 2021
Instrument2136241051
Lender
NameJPMORGAN CHASE BANK NA
TypeBank
AddressCOLUMBUS, OH 43240
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term179 Months
DueNov 1, 2036

July 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address1563 E OLIVE ST, PALATINE, IL 60074-7613
Document Number2029721205
Instrument DateJul 24, 2020
Transaction TypeMortgage
Record UpdatedNov 6, 2020
Title CompanyCITYWIDE TITLE CORPORATION, CITYWIDE TITLE CORP

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address1563 E OLIVE ST PALATINE IL 600747613, PALATINE, IL 60074-7613

Mortgage

Document Number2029721205
DateOct 23, 2020
Instrument29721205
Lender
NameJP MORGAN CHASE BK
TypeBank
AddressCOLUMBUS, OH 43240-2050
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueOct 22, 2035

August 2021: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionCOOK IL
Recording DateAug 20, 2021
Property Address1563 E OLIVE ST, PALATINE, IL 60074-7613
Document Number0023216007
Map ReferenceDOC 0508903081
Instrument DateMar 16, 2020
Instrument2123216007
Transaction TypeTransfer
Record UpdatedJun 7, 2023
Title CompanyATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRevocable Trust
Address1563 E OLIVE ST, PALATINE, IL 60074-7613

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address1563 E OLIVE ST, PALATINE, IL 60074-7613
Document Number2006308313
Instrument DateFeb 19, 2020
Transaction TypeMortgage
Record UpdatedMar 17, 2020
Title CompanyCITYWIDE TITLE CORPORATION, CITYWIDE TITLE CORP

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address1563 E OLIVE ST PALATINE IL 600747613, PALATINE, IL 60074-7613

Mortgage

Document Number2006308313
DateMar 3, 2020
Instrument6308313
Lender
NameJP MORGAN CHASE BK
TypeBank
AddressCOLUMBUS, OH 43240-2050
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term240 Months
DueMar 2, 2040

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionPalatine Township
MunicipalityPalatine Village
Elementary School DistrictPalatine Community Consolidated School District 15 (PK - 08)
Secondary School DistrictTownship High School District 211 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$94,000 Land $10,937 Building $83,063$940,000 Land $109,370 Building $830,630
2023$15,785.00 (-11.46%)
2022$17,828.00 Homeowner's exemption Senior Citizen's exemption$66,839 Land $9,374 Building $57,465$668,390 Land $93,740 Building $574,650

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

FEMA maps place 1563 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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims1 (1978)
Most Recent ClaimAug 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

Wildfire risk around 1563 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 RiskLow
lower than 98% of the US · lower than 86% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond 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 SystemPALATINE
serves 70,875 people · EPA ID IL0312340
Water SourcePurchased surface water from NORTHWEST WATER COMMISSION
Last State InspectionFeb 2026
Lead9 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 456 locations within half a mile, as of December 31, 2025

ProviderMax 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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