245 E Forest Knoll Dr, Palatine, IL 60074 Property Records

Cook County property record for 245 E Forest Knoll Dr, Palatine, IL 60074

Property Summary

Property Type	Townhouse
Details	3 bd · 2.5 ba · 1,452 sqft · built 1987
Lot Size	0.082 acres (3,562 sqft)
Owner	2 Individual Names on File
Last Sale	$280,000 (May 2023)
Tax Bill	$5,532 (2023)
Deeds & Mortgages	May 2023 Sale & Mortgage Apr 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`02-02-301-154`

Property Details

APN / Parcel Number

Primary APN	`02-02-301-154`
Alternative APN	`02-02-301-154-0000`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	6 Rooms
Stories	2 Stories
Building Area	1,452 sqft Living Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1987
Effective Year Built	Effective 1988
Architectural Style	Modern
Exterior Material	Wood
Construction Type	Frame
Roof Material	Asphalt
Lot Area	3,562 sqft (0.082 acres)
Garage Type	Attached
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Water Source	Commercial

Location & Zoning

Street Address	245 E FOREST KNOLL DR
City	PALATINE
State	IL
Zip	60074-1164
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Townhouse
Legal Description	LOT 57 IN FOREST KNOLL TOWN HOMES S W4 OF SEC02 T42N R10E 3P
Legal Range	10E
Legal Township	42N
Legal Section	02
Legal Subdivision	PUD/FOREST KNOLL TWNHMS
Legal Lot Number	57
Jurisdiction	COOK IL
Township / Civil Division	PALATINE
Census Block Group	2
Census Block	2001
Census Tract	803608

Owner

245 E Forest Knoll Dr, a townhouse, is owned by two individuals who bought it in May 2023.

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

Owner of Record	2 Individual Names on File
Mailing Address	1330 S FINLEY RD, 2P, LOMBARD, IL 60148-4333
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.

Deeds, Mortgages & Sale History

Date	Document
May 23, 2023	Warranty Deed, Transfer · Conventional Mortgage OLD SECOND NATIONAL BANK
Apr 23, 2021	Deed of Trust, Mortgage · Conventional Mortgage WELLS FARGO BANK NA
Oct 26, 2019	Deed of Trust, Mortgage · Conventional Mortgage WELLS FARGO BK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 23, 2023 · Amount on File
Deed Sale	May 23, 2023 · Amount on File
Prior Sale	Oct 30, 2006 · Amount on File
Deed Document Number	202322031
Prior Transfer Date	May 9, 2015
Prior Transfer Doc	0000039032
Record Updated	Oct 29, 2026

May 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	May 23, 2023
Property Address	245 E FOREST KNOLL DR, PALATINE, IL 60074-1164
Document Number	0014322031
Map Reference	DOC 3118313
Instrument Date	May 12, 2023
Instrument	2314322031
Transaction Type	Transfer
Record Updated	Jun 5, 2023
Title Company	PRO TITLE GROUP INC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$280.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	5277 GALLOWAY DR, HOFFMAN ESTATES, IL 60192-4101

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	245 E FOREST KNOLL DR, PALATINE, IL 60074-1164

Mortgage

Document Number	0014322032
Date	May 23, 2023
Instrument	2314322032

Lender

Name	OLD SECOND NATIONAL BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jun 1, 2053

April 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	245 E FOREST KNOLL DR, PALATINE, IL 60074-1164
Transaction Type	Mortgage
Record Updated	May 4, 2021
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0011306054
Date	Apr 23, 2021
Instrument	2111306054

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	179 Months
Due	Mar 1, 2036

October 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	245 E FOREST KNOLL DR, PALATINE, IL 60074-1164
Document Number	1930546300
Instrument Date	Oct 26, 2019
Transaction Type	Mortgage
Record Updated	Nov 11, 2019
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	245 E FOREST KNOLL DR PALATINE IL 600741164, PALATINE, IL 60074-1164

Mortgage

Document Number	1930546300
Date	Nov 1, 2019
Instrument	30546300

Lender

Name	WELLS FARGO BK
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	180 Months
Due	Oct 31, 2034

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		$28,000 Land $5,343 Building $22,657	$280,000 Land $53,430 Building $226,570
2023	$5,532.00 (+3.97%)
2022	$5,321.00	$22,000 Land $4,000 Building $18,000	$220,000 Land $40,000 Building $180,000

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 245 E Forest Knoll Dr in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

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
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
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	3 (1978–2013)
Claims Outside the SFHA	2 of 3
Most Recent Claim	Jun 2013 · 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 245 E Forest Knoll Dr is low, with 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 80% of the US · above 71% of Illinois
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, based on 189 locations within half a mile, as of December 31, 2025

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

May also be available: T-Mobile, Verizon.

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