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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

The building at 245 S Park Lane is in Palatine, located near major roads like Hwy 53. It stands four stories tall with 61 units. This mid-rise structure was built in 1972 and offers a mix of 1, 2, and 3-bedroom apartments. Each unit ranges in size from 700 to 1,400 square feet. Recent prices for the available units fall between $277,500 and $279,900. The average price per square foot is about $242. Properties here sell quickly, with an average of just 25 days on the market. This makes it easier for buyers to find what they want without long wait times. Living here comes with some great amenities. Each resident can use the indoor and outdoor pools, clubhouse, and exercise room. The building also has laundry facilities on several floors. Storage units are available as well, which helps keep living spaces tidy. Family-friendly features like schools and parks surround the location. The Willow Creek community offers easy access to Twin Lakes Recreation Area for outdoor fun. Dining options nearby include P's & Q's and Napoli Pizza, while Tombstone Pizza is close for a quick bite. Views from the units often include green spaces and courtyards, creating a pleasant environment. The open concept layouts and possible large balconies add to the appeal. This building is an option for those seeking a friendly community with plenty of conveniences nearby.

Building ImageMLS ID #12383781
Building ImageMLS ID #12136580
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

The building at 245 S Park Lane is in Palatine, located near major roads like Hwy 53. It stands four stories tall with 61 units. This mid-rise structure was built in 1972 and offers a mix of 1, 2, and 3-bedroom apartments. Each unit ranges in size from 700 to 1,400 square feet. Recent prices for the available units fall between $277,500 and $279,900. The average price per square foot is about $242. Properties here sell quickly, with an average of just 25 days on the market. This makes it easier for buyers to find what they want without long wait times. Living here comes with some great amenities. Each resident can use the indoor and outdoor pools, clubhouse, and exercise room. The building also has laundry facilities on several floors. Storage units are available as well, which helps keep living spaces tidy. Family-friendly features like schools and parks surround the location. The Willow Creek community offers easy access to Twin Lakes Recreation Area for outdoor fun. Dining options nearby include P's & Q's and Napoli Pizza, while Tombstone Pizza is close for a quick bite. Views from the units often include green spaces and courtyards, creating a pleasant environment. The open concept layouts and possible large balconies add to the appeal. This building is an option for those seeking a friendly community with plenty of conveniences nearby.

Next

Description

The building at 245 S Park Lane is in Palatine, located near major roads like Hwy 53. It stands four stories tall with 61 units. This mid-rise structure was built in 1972 and offers a mix of 1, 2, and 3-bedroom apartments. Each unit ranges in size from 700 to 1,400 square feet. Recent prices for the available units fall between $277,500 and $279,900. The average price per square foot is about $242. Properties here sell quickly, with an average of just 25 days on the market. This makes it easier for buyers to find what they want without long wait times. Living here comes with some great amenities. Each resident can use the indoor and outdoor pools, clubhouse, and exercise room. The building also has laundry facilities on several floors. Storage units are available as well, which helps keep living spaces tidy. Family-friendly features like schools and parks surround the location. The Willow Creek community offers easy access to Twin Lakes Recreation Area for outdoor fun. Dining options nearby include P's & Q's and Napoli Pizza, while Tombstone Pizza is close for a quick bite. Views from the units often include green spaces and courtyards, creating a pleasant environment. The open concept layouts and possible large balconies add to the appeal. This building is an option for those seeking a friendly community with plenty of conveniences nearby.

245 S Park Ln Market Stats Last 12 months

Avg. Listed Price$246,334($209/Sqft.)
Avg. Sale Price$277,500($242/Sqft.)
Year over year list priceUp Arrow5.64%
Year over year sale priceUp Arrow 17.97%
Total Listings3 Listed
Total sold1 Sold
Average Days on Market25 days
Average HOA fees per sqft$10 /monthly
Next

Market Stats

Year over year list priceUp Arrow5.64%
Year over year sale priceUp Arrow17.97%
Total Listings3 Listed
Total sold1 Sold
Average Days on Market25 days
Average HOA fees per sqft$10 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
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

Low
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

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

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$242/sqft.$10 /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

Discover top-rated schools located close to 245 S Park Ln.

New Connection's Academy

--
Private|Grades 1–12
865 E Wilmette Rd ...|0.11 miles away

Winston Campus Elementary School

B+
Public|Grades PK–6
900 E Palatine Rd|0.56 miles away

Winston Campus Jr High School

D+
Public|Grades 7–8
120 N Babcock Dr|0.63 miles away

St Thomas of Villanova School

--
Private|Grades PK–8
1141 E Anderson Dr|1.19 miles away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|1.23 miles away

North Campus

--
Public|Grades 9–12
335 E Illinois Ave|1.28 miles away
Next

Schools

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|1.19 Miles Away

Gray M Sanborn Elementary School

C-
Public|Grades PK–6
101 N Oak St|1.23 Miles Away

North Campus

--
Public|Grades 9–12
335 E Illinois Ave|1.28 Miles Away

Kirk School

--
Public|Grades –
520 S Plum Grove R...|1.60 Miles Away

Lake Louise Elementary School

C-
Public|Grades PK–6
500 N Jonathan Dr|1.63 Miles Away

Immanuel Lutheran School

--
Private|Grades PK–8
200 N Plum Grove R...|1.69 Miles Away

Jane Addams Elementary School

D
Public|Grades PK–6
1020 E Sayles Dr|1.76 Miles Away

Patton Elementary School

A
Public|Grades KG–5
1616 N Patton Ave|1.76 Miles Away

St Theresa Elementary School

--
Private|Grades PK–8
445 N Benton St|1.82 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.90 Miles Away

Quest Academy

--
Private|Grades PK–8
500 N Benton St|1.90 Miles Away

Stuart R Paddock School

C+
Public|Grades KG–6
225 W Washington S...|1.94 Miles Away

Virginia Lake Elementary School

D
Public|Grades PK–6
925 N Glenn Dr|2.09 Miles Away

Greenbrier Elementary School

A+
Public|Grades PK–5
2330 N Verde Dr|2.10 Miles Away

Sigwalt Cls Center

--
Public|Grades 12–12
2702 Sigwalt St|2.15 Miles Away

Pleasant Hill Elementary School

A-
Public|Grades KG–6
434 W Illinois Ave|2.36 Miles Away

Kimball Hill Elementary School

C
Public|Grades PK–6
2905 Meadow Dr|2.40 Miles Away

Northwest Suburban Montessori School

--
Private|Grades PK–TKG
800 N Fernandez Av...|2.43 Miles Away

Lincoln Elementary School

C-
Public|Grades KG–6
1021 N Ridgewood L...|2.55 Miles Away

Palatine High School

B
Public|Grades 9–12
1111 N Rohlwing Rd|2.55 Miles Away

Plum Grove Jr High School

C+
Public|Grades 7–8
2600 Plum Grove Rd|2.63 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Arlington Park

1.32 miles away|26 min walk

Palatine

1.93 miles away|37 min walk

Rand/Frontage

2.6 miles away|50 min walk

Rand/Wilke

2.65 miles away|51 min walk

Rand/Claremont/Long Valley

2.67 miles away|52 min walk

Rand/Long Valley

2.68 miles away|52 min walk
Next

Transit

Arlington Park

1.32 miles away|26 min walk

Palatine

1.93 miles away|37 min walk

Rand/Frontage

2.6 miles away|50 min walk

Rand/Wilke

2.65 miles away|51 min walk

Rand/Claremont/Long Valley

2.67 miles away|52 min walk

Rand/Long Valley

2.68 miles away|52 min walk

Rand/Evergreen

2.69 miles away|52 min walk

Rand/Geneva

2.69 miles away|52 min walk

Rand/Port O Call (E)

2.69 miles away|52 min walk

Rand/Turtle Creek/Evergreen

2.7 miles away|52 min walk

The Neighbourhood: 245 S Park Ln

Similar Buildings Nearby

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900 E Wilmette Rd
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225 S Rohlwing Rd
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245 S Park Ln Demographics

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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    245 S Park Ln
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