853 E Lilly Ln, Palatine, IL 60074 Property Records

Cook County property record for 853 E Lilly Ln, Palatine, IL 60074

Property Summary

Property Type	Apartments (5+ Units)
Details	5 bd · 4.5 ba · 4,638 sqft · built 1972
Lot Size	0.133 acres (5,800 sqft)
Owner	Company Name on Record
Last Sale	$350,000 (Oct 2014)
Tax Bill	$15,053 (2023)
Deeds & Mortgages	Dec 2019 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`02-01-307-016`

Property Details

APN / Parcel Number

Primary APN	`02-01-307-016`
Alternative APN	`02-01-307-016-0000`

Interior

Bedrooms	5 Beds
Full Baths	4.5 Baths
Half Baths	3 Half Baths
Total Rooms	14 Rooms
Units	6 Units
Stories	3 Stories
Building Area	4,638 sqft Living Area

Exterior

Year Built	Built 1972
Effective Year Built	Effective 1972
Architectural Style	Multi-Family
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Roof Material	Asphalt
Lot Area	5,800 sqft (0.133 acres)

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	853 E LILLY LN
City	PALATINE
State	IL
Zip	60074-1295
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	(CAPRI)(GARDENS)SUB OF PT SE 1/4 SEC 02 & OF SW SEC 01-42-10
Legal Range	10E
Legal Township	42N
Legal Section	01
Legal Subdivision	CAPRI GARDENS
Legal Lot Number	2,3
Jurisdiction	COOK IL
Township / Civil Division	PALATINE
Census Block Group	1
Census Block	1005
Census Tract	803613

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	1242 GOLDENROD LN, HOFFMAN ESTATES, IL 60192-1175
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 9, 2014 · Amount on Record
Deed Sale	Oct 9, 2014 · Amount on Record
Prior Sale	Apr 4, 2013 · Amount on Record
Deed Document Number	201456028
Prior Transfer Date	Dec 8, 2000
Prior Transfer Doc	0000014274
Record Updated	Sep 20, 2026

December 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	COOK IL
Property Address	853 E LILLY LN, PALATINE, IL 60074-1295
Document Number	2001313195
Instrument Date	Dec 26, 2019
Transaction Type	Mortgage
Record Updated	Jan 29, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	853 E LILLY LN PALATINE IL 600741295, PALATINE, IL 60074-1295

Mortgage

Document Number	2001313195
Date	Jan 13, 2020
Instrument	1313195

Lender

Name	FIRST FED'L SVGS BK
Type	Federal Savings Bank
Address	OTTAWA, IL 61350

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	60 Months
Due	Jan 12, 2025

Interest

Rate	5.62%

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		$63,000 (+23.9%) Land $4,350 Building $58,650	$630,000 (+23.9%) Land $43,500 Building $586,500
2023	$15,053.00 (+3.37%)
2022	$14,562.00	$50,846 Land $3,770 Building $47,076	$508,460 Land $37,700 Building $470,760

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
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

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	Low lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood	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 373 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 in parts of the area	100 / 20

May also be available: T-Mobile, Verizon.

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