531 E Colfax St, Palatine, IL 60074 Property Records

Cook County property record for 531 E Colfax St, Palatine, IL 60074

Property Summary

Property Type	Single Family Home
Details	2 bd · 1 ba · 1,064 sqft · built 1955
Lot Size	0.225 acres (9,800 sqft)
Owner	Company Name on Record
Last Sale	$300,000 (Jun 2022)
Tax Bill	$6,513 (2023)
Deeds & Mortgages	Jun 2022 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`02-14-400-040`

Property Details

APN / Parcel Number

Primary APN	`02-14-400-040`
Alternative APN	`02-14-400-040-0000`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,064 sqft Living Area
1st Floor Area	1,064 sqft

Exterior

Year Built	Built 1955
Effective Year Built	Effective 1956
Architectural Style	Bungalow
Exterior Material	Brick/Stone
Construction Type	Frame
Roof Material	Asphalt
Lot Area	9,800 sqft (0.225 acres)
Garage Type	Detached
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	531 E COLFAX ST
City	PALATINE
State	IL
Zip	60074-5486
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ARTHUR T (MCINTOSH) + COS (FAIR)(GROUNDS) PARK SUB OF PT EH SEC 14-42-10
Legal Range	10E
Legal Township	42N
Legal Section	14
Legal Subdivision	MCINTOSH + COS FAIR GROUNDS
Legal Lot Number	46
Jurisdiction	COOK IL
Township / Civil Division	PALATINE
Census Block Group	1
Census Block	1002
Census Tract	803800

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	Company Name on Record
Mailing Address	531 E COLFAX ST, PALATINE, IL 60074-5486
Occupancy	Owner Occupied
Owner Type	Company
Vesting	Trust, Family Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 23, 2022 · Amount on Record
Deed Sale	Jun 23, 2022 · Amount on Record
Prior Sale	Aug 30, 2016 · Amount on Record
Deed Document Number	202228008
Prior Transfer Date	Jul 21, 1997
Prior Transfer Doc	0000000521
Record Updated	Oct 29, 2026

June 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Jun 23, 2022
Property Address	531 E COLFAX ST, PALATINE, IL 60074-5486
Document Number	0017428008
Instrument Date	May 17, 2022
Instrument	2217428008
Transaction Type	Transfer
Record Updated	Jun 7, 2023
Title Company	PROPER TITLE LLC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$300.00
Amount Accuracy	Rounded by County

Transferred From (Grantor/Seller)

Name	Verified Name
Address	926 E PADDOCK DR, 926, PALATINE, IL 60074-7130

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Family Trust
Address	531 E COLFAX ST, PALATINE, IL 60074-5486

Mortgage

Document Number	0017428009
Date	Jun 23, 2022
Instrument	2217428009

Lender

Name	DUPAGE CU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jun 1, 2052

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 (+27.27%) Land $6,860 Building $21,140	$280,000 (+27.27%) Land $68,600 Building $211,400
2023	$6,513.00 (+43.55%)
2022	$4,537.00	$22,000 Land $5,880 Building $16,120	$220,000 Land $58,800 Building $161,200

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 94% 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.

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 524 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Verizon.

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