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Single Family ResidenceResidential
$777,008$213 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $525,000 on Dec 20, 2019

505 BALMORAL LN

INVERNESS, IL 60067
4
Beds
2.5
Baths
3,650 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1971
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$777K
$741K low$813K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$525,000 · Dec 20, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$17,563 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$83,001 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$33,618
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$49,383
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$62,970
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$830,010

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
14
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
58
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
66
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCOOK
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1972
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
William Fremd High SchoolA+
High · Grades 9–12 · 0.8 mi
E
Marion Jordan Elementary SchoolA
Elementary · Grades KG–5 · 0.8 mi
M
Thomas Jefferson Middle SchoolA
Middle · Grades 6–8 · 1.1 mi

District: Palatine Community Consolidated School District 15

Neighborhood · ZIP 60067These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.60
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.120
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.43,597
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,859 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$125,486
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$153,228
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

505 Balmoral Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 91% of homes in Cook County
  • Costs less per square foot than 82% of homes in Palatine 60067
  • Bigger than 93% of homes in Palatine 60067
  • Has a bigger lot than 93% of homes in Cook County
  • Older than 67% of homes in Palatine 60067

What homes are worth in Palatine 60067

Each bar is how many homes fall in that price range. The marker is this home.

This home
$167K$1.1M

This home is worth more than 88% of homes in Palatine 60067.

How it measures up in Palatine 60067

The dot is this home. The mark in the middle is the typical home in Palatine 60067.

Estimated value$777,008
CheaperTypical $484,301Pricier

Pricier than 88% of homes nearby

Price per ft²$213
CheaperTypical $247Pricier

Pricier than 18% of homes nearby

Living area3,650 ft²
SmallerTypical 1,902 ft²Bigger

Bigger than 93% of homes nearby

Lot size2.21 ac
SmallerTypical 0.28 acBigger

Bigger than 83% of homes nearby

Year built1971
OlderTypical 1984Newer

Newer than 33% of homes nearby

How 505 Balmoral Ln ranks against every home in each area.
MeasureThis homePalatine 60067Cook County
Estimated valuepricier than$777,00888% of homes91% of homes
Price per ft²pricier than$21318% of homes36% of homes
Living areabigger than3,650 ft²93% of homes93% of homes
Lot sizebigger than2.21 ac83% of homes93% of homes
Year builtnewer than197133% of homes67% of homes

About 505 Balmoral Ln

How much is 505 Balmoral Ln, Inverness, IL worth?

The TopHap Estimate for 505 Balmoral Ln, Inverness, IL is $777,008 as of Sep 24, 2026. The likely range is $741,111 to $812,905. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Balmoral Ln, Inverness, IL last sell?

505 Balmoral Ln, Inverness, IL last sold on Dec 20, 2019 for $525,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 505 Balmoral Ln, Inverness, IL?

505 Balmoral Ln, Inverness, IL has 4 bedrooms, 2.5 bathrooms and 3,650 square feet of living space.

When was 505 Balmoral Ln, Inverness, IL built?

505 Balmoral Ln, Inverness, IL was built in 1971, making it 55 years old. The building has 2 stories.

What schools serve 505 Balmoral Ln, Inverness, IL?

505 Balmoral Ln, Inverness, IL is assigned to William Fremd High School (high), rated A+; Marion Jordan Elementary School (elementary), rated A; Thomas Jefferson Middle School (middle), rated A. All sit in Palatine Community Consolidated School District 15. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Balmoral Ln, Inverness, IL compare to other homes in Palatine 60067?

Among the 14,584 homes in Palatine 60067, it is worth more than 88% of them ($777,008 against a typical $484,301), its price per square foot is higher than 18% of them ($213 against a typical $247), it is bigger than 93% of them (3,650 ft² against a typical 1,902 ft²), its lot is bigger than 83% of them (2.21 ac against a typical 0.28 ac) and it is newer than 33% of them (1971 against a typical 1984). Measured against all of Cook County, it is worth more than 91% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 Balmoral Ln, Inverness, IL?

The 2023 property tax bill for 505 Balmoral Ln, Inverness, IL was $17,563. The county assessed it at $83,001.

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