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  3. Palatine, IL
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  5. 245 S Park Ln
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245 S Park Ln

245 S Park Ln, Palatine, IL, 60074
Willow Creek

YEAR BUILT

1972

# STORIES

4

# TOTAL UNITS

61

UNIT SIZE RANGE

700-1,400 sqft

Description

245 S Park Ln sits in Palatine, right near East Lake-Cook Road and Barrington Road. The building is close to Baker's Lake and adjacent to Twin Lakes Recreation Area. This location provides easy access to highways like Hwy 53 and Metra stations, which makes traveling simple. The mid-rise building consists of 4 stories and contains 61 units. It was built in 1972. Unit sizes range from 700 to 1,400 square feet. Floor plans include 1, 2, and 3 bedrooms, offering options for various lifestyles. Many units include private balconies, allowing for scenic views of the pool and courtyard. Prices for units range from $277,500 to $279,900. The average closed price over the last year was about $277,500. The average price per square foot stands at $242. Units generally spend around 25 days on the market before selling. Amenities within the building include a heated underground garage, outdoor pool, and clubhouse. There is also an exercise room, bike room, and storage units available. The building supports an active lifestyle with nearby walking trails, golf courses, and parks for recreation. Common features of the units are spacious layouts with large windows and open concept living and dining areas. Many units come with newer cabinets, granite countertops, and stainless steel appliances. Generous closet space throughout adds to the convenience of daily living. Residents enjoy easy access to restaurants like P's & Q's, Napoli Pizza, and Tombstone Pizza for dining options. The building’s convenient amenities and location offer a balance of comfort and lifestyle in the heart of Palatine.

Building ImageMLS ID #12136580
Building ImageMLS ID #12383781
Building Image
Building ImageView Listing

245 S Park Ln

245 S Park Ln, Palatine, IL, 60074


Willow Creek

YEAR BUILT

1972

# STORIES

4

# TOTAL UNITS

61

UNIT SIZE RANGE

700-1,400 sqft

Description

245 S Park Ln sits in Palatine, right near East Lake-Cook Road and Barrington Road. The building is close to Baker's Lake and adjacent to Twin Lakes Recreation Area. This location provides easy access to highways like Hwy 53 and Metra stations, which makes traveling simple. The mid-rise building consists of 4 stories and contains 61 units. It was built in 1972. Unit sizes range from 700 to 1,400 square feet. Floor plans include 1, 2, and 3 bedrooms, offering options for various lifestyles. Many units include private balconies, allowing for scenic views of the pool and courtyard. Prices for units range from $277,500 to $279,900. The average closed price over the last year was about $277,500. The average price per square foot stands at $242. Units generally spend around 25 days on the market before selling. Amenities within the building include a heated underground garage, outdoor pool, and clubhouse. There is also an exercise room, bike room, and storage units available. The building supports an active lifestyle with nearby walking trails, golf courses, and parks for recreation. Common features of the units are spacious layouts with large windows and open concept living and dining areas. Many units come with newer cabinets, granite countertops, and stainless steel appliances. Generous closet space throughout adds to the convenience of daily living. Residents enjoy easy access to restaurants like P's & Q's, Napoli Pizza, and Tombstone Pizza for dining options. The building’s convenient amenities and location offer a balance of comfort and lifestyle in the heart of Palatine.

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Description

245 S Park Ln sits in Palatine, right near East Lake-Cook Road and Barrington Road. The building is close to Baker's Lake and adjacent to Twin Lakes Recreation Area. This location provides easy access to highways like Hwy 53 and Metra stations, which makes traveling simple. The mid-rise building consists of 4 stories and contains 61 units. It was built in 1972. Unit sizes range from 700 to 1,400 square feet. Floor plans include 1, 2, and 3 bedrooms, offering options for various lifestyles. Many units include private balconies, allowing for scenic views of the pool and courtyard. Prices for units range from $277,500 to $279,900. The average closed price over the last year was about $277,500. The average price per square foot stands at $242. Units generally spend around 25 days on the market before selling. Amenities within the building include a heated underground garage, outdoor pool, and clubhouse. There is also an exercise room, bike room, and storage units available. The building supports an active lifestyle with nearby walking trails, golf courses, and parks for recreation. Common features of the units are spacious layouts with large windows and open concept living and dining areas. Many units come with newer cabinets, granite countertops, and stainless steel appliances. Generous closet space throughout adds to the convenience of daily living. Residents enjoy easy access to restaurants like P's & Q's, Napoli Pizza, and Tombstone Pizza for dining options. The building’s convenient amenities and location offer a balance of comfort and lifestyle in the heart of Palatine.

245 S Park Ln Key Stats Last 12 months

Avg. Listed Price$249,134($199/Sqft.)

Avg. Sale Price$237,725($193/Sqft.)
Year over year list priceUp Arrow8.35%

Year over year sale priceUp Arrow 2.17%
Total Listings6 Listed

Total sold4 Sold
Average Days on Market65 days

Average HOA fees per sqft$5 /monthly
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Key Stats

Year over year list priceUp Arrow8.35%

Year over year sale priceUp Arrow2.17%
Total Listings6 Listed

Total sold4 Sold
Average Days on Market65 days

Average HOA fees per sqft$5 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

245 S Park Ln Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 409409140032612025-11-25
MLS#: 12479129
Closed$279,900
Unit 208208115022252025-06-30
MLS#: 12383781
Closed$277,500
Unit 422422120022492024-07-18
MLS#: 12059409
Closed$268,000
Unit 208
208

2 Beds

2 Baths

1150 sqft


DateStatusPrice
2025-06-30Closed$277,500
MLS#: 12383781
Days On Market25
Unit 409
409

3 Beds

2 Baths

1400 sqft


DateStatusPrice
2025-11-25Closed$279,900
MLS#: 12479129
Days On Market61
Unit 422
422

2 Beds

2 Baths

1200 sqft


DateStatusPrice
2024-07-18Closed$268,000
MLS#: 12059409
Days On Market49
View Complete Unit Listing HistorySource By: MRED

Amenities

You'll be pleasantly surprised by the array of amenities this building has to offer. Imagine lounging by the outdoor sundeck or taking a refreshing dip in the in-ground pool. For those who enjoy staying active, there’s an exercise room and health club, as well as nearby trails for biking or walking. Want to host friends? The clubhouse and party room are perfect for gatherings. With laundry facilities, tennis courts, and even a pet-friendly policy for cats and dogs, 245 S Park Ln caters to your lifestyle needs!

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Amenities Description

You'll be pleasantly surprised by the array of amenities this building has to offer. Imagine lounging by the outdoor sundeck or taking a refreshing dip in the in-ground pool. For those who enjoy staying active, there’s an exercise room and health club, as well as nearby trails for biking or walking. Want to host friends? The clubhouse and party room are perfect for gatherings. With laundry facilities, tennis courts, and even a pet-friendly policy for cats and dogs, 245 S Park Ln caters to your lifestyle needs!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Pool

Pool

In Ground Pool

In Ground Pool

Above Ground Pool

Above Ground Pool

Indoor Pool

Indoor Pool

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Sundeck

Sundeck

Patio

Patio

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Handicap Equipped

Handicap Equipped

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

Unlike some high-rise buildings, 245 S Park Ln welcomes your furry friends, with policies allowing both cats and dogs. This adds a level of comfort for pet owners seeking a place to call home where their furry companions can thrive.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
245 S Park Ln$193/sqft.$5 /sqft.
Willow Creek$242/sqft.$10 /sqft.
Willow Creek$181/sqft.$4 /sqft.
900 E Wilmette Rd$195/sqft.$4 /sqft.
225 S Rohlwing Rd$160/sqft.$5 /sqft.
Willow Creek$160/sqft.$5 /sqft.

Nearby Schools

245 S Park Ln is located in a school-accessible area of , Palatine. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

New Connection's Academy

--
Private|Grades 1–12
865 E Wilmette Rd ...|0.08 miles away

Winston Campus Elementary School

B+
Public|Grades PK–6
900 E Palatine Rd|0.42 miles away

Winston Campus Jr High School

D+
Public|Grades 7–8
120 N Babcock Dr|0.46 miles away

St Thomas of Villanova School

--
Private|Grades PK–8
1141 E Anderson Dr|0.88 miles away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|0.91 miles away

North Campus

--
Public|Grades 9–12
335 E Illinois Ave|0.95 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

245 S Park Ln is located in a school-accessible area of , Palatine. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

New Connection's Academy

--
Private|Grades 1–12
865 E Wilmette Rd ...|Less than 1 Mile Away

Winston Campus Elementary School

B+
Public|Grades PK–6
900 E Palatine Rd|Less than 1 Mile Away

Winston Campus Jr High School

D+
Public|Grades 7–8
120 N Babcock Dr|Less than 1 Mile Away

St Thomas of Villanova School

--
Private|Grades PK–8
1141 E Anderson Dr|Less than 1 Mile Away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|Less than 1 Mile Away

North Campus

--
Public|Grades 9–12
335 E Illinois Ave|Less than 1 Mile Away

Kirk School

--
Public|Grades –
520 S Plum Grove R...|1.19 Miles Away

Lake Louise Elementary School

C-
Public|Grades PK–6
500 N Jonathan Dr|1.21 Miles Away

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|1.26 Miles Away

Jane Addams Elementary School

D
Public|Grades PK–6
1020 E Sayles Dr|1.30 Miles Away

Patton Elementary School

A
Public|Grades KG–5
1616 N Patton Ave|1.31 Miles Away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|1.35 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.41 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.41 Miles Away

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|1.44 Miles Away

Virginia Lake Elementary School

D
Public|Grades PK–6
925 N Glenn Dr|1.55 Miles Away

Greenbrier Elementary School

A+
Public|Grades PK–5
2330 N Verde Dr|1.56 Miles Away

Sigwalt Cls Center

--
Public|Grades 12–12
2702 Sigwalt St|1.59 Miles Away

Pleasant Hill Elementary School

A-
Public|Grades KG–6
434 W Illinois Ave|1.75 Miles Away

Kimball Hill Elementary School

C
Public|Grades PK–6
2905 Meadow Dr|1.78 Miles Away

Northwest Suburban Montessori School

--
Private|Grades PK–TKG
800 N Fernandez Av...|1.80 Miles Away

Lincoln Elementary School

C-
Public|Grades KG–6
1021 N Ridgewood L...|1.89 Miles Away

Palatine High School

B
Public|Grades 9–12
1111 N Rohlwing Rd|1.89 Miles Away

Plum Grove Jr High School

C+
Public|Grades 7–8
2600 Plum Grove Rd|1.95 Miles Away

Transit

With nearby public transportation, 245 S Park Ln offers strong connectivity across Palatine. Access to Rail, Bus within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

Arlington Park

0.98 miles away|19 min walk

Palatine

1.43 miles away|28 min walk

Rand/Claremont/Long Valley

1.98 miles away|38 min walk

Rand/Evergreen

1.99 miles away|39 min walk

Rand/Frontage

1.92 miles away|37 min walk

Rand/Geneva

1.99 miles away|39 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

With nearby public transportation, 245 S Park Ln offers strong connectivity across Palatine. Access to Rail, Bus within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

Arlington Park

0.98 miles away|19 min walk

Palatine

1.43 miles away|28 min walk

Rand/Claremont/Long Valley

1.98 miles away|38 min walk

Rand/Evergreen

1.99 miles away|39 min walk

Rand/Frontage

1.92 miles away|37 min walk

Rand/Geneva

1.99 miles away|39 min walk

Rand/Long Valley

1.98 miles away|38 min walk

Rand/Port O Call (E)

1.99 miles away|39 min walk

Rand/Turtle Creek/Evergreen

2 miles away|39 min walk

Rand/Wilke

1.96 miles away|38 min walk

The Neighbourhood: 245 S Park Ln

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245 S Park Ln Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 15.13% are children aged 0–14, 15.47% are young adults between 15–29, 17.69% are adults aged 30–44, 22.32% are in the 45–59 range and 29.39% are seniors aged 60 and above. Commuting options are also varying where 81.86% of residents relying on driving, while others prefer public transit around 4.77%, walking around 0.61%, biking around 1.52%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 82.24% of units owner occupied and 17.76% are rented. The neighborhood offers different household types. About 24.23% are single family homes and 3.87% are multi family units. Around 40.3% are single-person households, while 59.7% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 29.92% of residents have bachelor’s degrees. Around 17.81% have high school or college education. Another 9.33% hold diplomas while 17.18% have completed postgraduate studies. The remaining are 25.75% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 15.13% are children aged 0–14, 15.47% are young adults between 15–29, 17.69% are adults aged 30–44, 22.32% are in the 45–59 range and 29.39% are seniors aged 60 and above. Commuting options are also varying where 81.86% of residents relying on driving, while others prefer public transit around 4.77%, walking around 0.61%, biking around 1.52%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 82.24% of units owner occupied and 17.76% are rented. The neighborhood offers different household types. About 24.23% are single family homes and 3.87% are multi family units. Around 40.3% are single-person households, while 59.7% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 29.92% of residents have bachelor’s degrees. Around 17.81% have high school or college education. Another 9.33% hold diplomas while 17.18% have completed postgraduate studies. The remaining are 25.75% with other types of qualifications.

Age Demographics

0–14 Years

15.13%

15–29 Years

15.47%

30–44 Years

17.69%

45–59 Years

22.32%

60+ Years

29.39%

Commute

4.77%

Transit

0.61%

Walk

81.86%

Drive

1.52%

Bike

Housing Ownership

82.24%

Owner Occupied

17.76%

Rental Units

Household Types

Single Family
24.23%
Multi Family
3.87%
Single Person
40.3%
Multi Person
59.7%

Average Income

Household:$9,690,005.95 /yr

Individual:$5,127,978.93 /yr

Education

Bachelors Degree29.92%
High School College17.81%
Diploma9.33%
Post Graduate17.18%
Others25.75%
Next

Education

Diploma9.33%
Post Graduate17.18%
Others25.75%
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  1. Home
  2. /Palatine, IL
  3. /
    245 S Park Ln
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