865 E Wilmette Rd, Palatine, IL 60074 Property Records

Cook County property record for 865 E Wilmette Rd, Palatine, IL 60074

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	44,528 sqft · built 1982
Lot Size	4.58 acres (199,940 sqft)
Owner	Company Name on File
Last Sale	$5,000,000 (Nov 2023)
Tax Bill	$216,004 (2023)
Deeds & Mortgages	Nov 2023 Sale & Mortgage Dec 2018 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`02-24-106-015`

Property Details

APN / Parcel Number

Primary APN	`02-24-106-015`
Alternative APN	`02-24-106-015-0000`

Interior

Units	6 Units
Stories	1 Story
Building Area	44,528 sqft Gross Area

Exterior

Year Built	Built 1982
Effective Year Built	Effective 1982
Architectural Style	High Rise
Lot Area	199,940 sqft

Location & Zoning

Street Address	865 E WILMETTE RD
City	PALATINE
State	IL
Zip	60074-6493
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Legal Description	(WILLOW)(CREEK) SUB OF PT OF SEC 24-42-10
Legal Range	10E
Legal Township	42N
Legal Section	24
Legal Subdivision	WILLOW CREEK
Legal Lot Number	5
Jurisdiction	COOK IL
Township / Civil Division	PALATINE
Census Block Group	1
Census Block	1008
Census Tract	803901

Owner

865 E Wilmette Rd, a commercial property, is owned by a company that acquired it in December 2024.

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

Owner of Record	Company Name on File
Mailing Address	4747 W PETERSON AVE, CHICAGO, IL 60646-5712
Owner Type	Company
Vesting	Limited Liability Partnership

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
Nov 15, 2023	Warranty Deed, Transfer · Commercial Mortgage HOME STATE BANK NA
Dec 11, 2018	Deed of Trust, Mortgage · Line of Credit CORNERSTONE NAT'L BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 15, 2023 · Amount on File
Deed Sale	Nov 15, 2023 · Amount on File
Prior Sale	Jan 22, 2016 · Amount on File
Deed Document Number	20236096
Last Transfer Date	Dec 2, 2024
Transfer Doc	0000011001
Record Updated	Sep 20, 2026

November 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	COOK IL
Recording Date	Nov 15, 2023
Property Address	865 E WILMETTE RD, PALATINE, IL 60074-6493
Document Number	0031906096
Map Reference	DOC LR2479719
Instrument Date	Oct 30, 2023
Instrument	2331906096
Transaction Type	Transfer
Record Updated	Dec 4, 2023
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$5,000.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6275 CORVARA CT, FRISCO, TX 75035-0868

Mortgage

Document Number	0031906097
Date	Nov 15, 2023
Instrument	2331906097

Lender

Name	HOME STATE BANK NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	60 Months
Due	Nov 6, 2028

Interest

Rate	7%

December 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOK IL
Property Address	865 E WILMETTE RD, PALATINE, IL 60074-6493
Document Number	1834616195
Instrument Date	Dec 11, 2018
Transaction Type	Mortgage
Record Updated	Dec 20, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	6 MEREDITH CRES

Mortgage

Document Number	1834616195
Date	Dec 12, 2018
Instrument	34616195

Lender

Name	CORNERSTONE NAT'L BK
Type	Bank
Address	1804 N NAPER BLVD # 450, NAPERVILLE, IL 60563-8300

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

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		$942,250 Land $650,406 Building $291,844	$3,769,000 Land $2,601,624 Building $1,167,376
2023	$216,004.00 (+2.43%)
2022	$210,883.00 (-5.29%)	$717,773 (+8.49%) Land $656,910 Building $60,863	$2,871,092 (+8.49%) Land $2,627,640 Building $243,452
2021	$222,658.00	$661,607 Land $656,910 Building $4,697	$2,646,428 Land $2,627,640 Building $18,788

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 865 E Wilmette Rd in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1982.

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 Claims	1 (1982)
Most Recent Claim	Jun 1982 · tidal / storm surge

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

The area around 865 E Wilmette Rd has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within 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 235 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
AT&T Fixed Wireless · DSL	100 / 20

May also be available: Verizon.

Nearby Properties on E Wilmette Rd

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures