245 Park Lane, Palatine, Illinois 60074

Subdivision > Willow Creek

$196,000

Sold
Status: Closed
Sqft: 1,200
Cost/Sqft: $167
Beds: 2
Baths: 2
Year Built: 1972
Property Taxes: $998
Days On Market: 163
Lot Size: 0,00
Map
Street View

Description

Welcome to this spacious 2-bedroom, 2-bathroom condo located on the 3rd floor of a desirable community-offering both convenience and tremendous upside for the right buyer. Step inside and you'll find a well-designed layout with generous room sizes, an open living/dining area, and a private balcony overlooking the clubhouse and pool-perfect for morning coffee or winding down after a long day. While the home is in need of TLC, it presents a fantastic opportunity to build instant equity. Bring your vision and creativity-cosmetic updates will transform this condo into something truly stunning. Additional highlights include: Primary bedroom with ensuite bath,Plenty of closet space,Elevator building,Assigned parking + guest parking,Pool, clubhouse, and well-maintained community amenities Situated in an unbeatable location-just minutes from shopping, dining, Metra access, and only 4 minutes from the upcoming Chicago Bears stadium in Arlington Heights-this is a rare find for investors, first-time buyers, or anyone looking to customize a home to fit their style. Don't miss the chance to make this condo your own and capitalize on the exciting growth happening nearby!

Property Specifics

Condos/Townhomes
4
1972
No
Cook
Willow Creek
322 / Monthly
12015807
02241050251068

Property History

DATE: EVENT: PRICE: SOURCE:
8 Jan, 2026 Sold $196,000 MRED MLS
23 Nov, 2025 Under contract $200,000 MRED MLS
13 Nov, 2025 Listed for sale $200,000 MRED MLS
16 Apr, 2026 Sold $274,900 MRED MLS
5 Mar, 2026 Under contract $274,900 MRED MLS
26 Feb, 2026 Listed for sale $274,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

1
COMMON
Not in DB

Tax History

Year Property Taxes
2026 $998
2026 $3,000

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Listing Provided By

Keller Williams Infinity