245 South Park Lane

245 South Park Lane is a condo located in Palatine, Palatine. The building was first built in 1955 and is 69 years old. In total, 245 South Park Lane has a total floor area of 1,494 square feet. 245 South Park Lane has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's patio. There are 26 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 107 days and tend to sell below the original asking price of $143,700 by 3.10%. Meaning, listings tend to sell at a median of $132 price per square foot. The transaction that took the longest to complete was unit 216, listed on Feb 08, 2021 for $165,000. This particular unit ultimately sold 135 days later for $158,000. The most recent transaction was for unit 420, sold for $160,000 on Aug 06, 2021. Fun fact, the oldest transaction we have on record took place on Mar 06, 1997. See the full transaction history for 245 South Park Lane below.

Palatine, where 245 South Park Lane is located, has a median asking price of $214,450 for condo buildings. Meanwhile, the building itself has a median asking price of $143,700. For interested buyers, that means the building's median asking price is around 0.33% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $0. It is a 1,200 sqft 2-bedroom and 2-bathroom unit.