111 East Palatine Road
$525,000
5
2
1
2,350
2,350
$223
Description
Prime Multi-Family/Residential Rental Property in Palatine, IL Welcome to 111 E Palatine Rd, an exceptional commercial property offering unparalleled opportunities for businesses in Palatine, IL. Boasting a range of recent upgrades and a strategic location within walking distance to essential amenities, this property is ready to accommodate a variety of ventures seeking a prime location and modern amenities. Location: 111 E. Palatine Rd Palatine, Illinois 60067 Unit Configuration: Top Floor: 2 bed...Prime Multi-Family/Residential Rental Property in Palatine, IL Welcome to 111 E Palatine Rd, an exceptional commercial property offering unparalleled opportunities for businesses in Palatine, IL. Boasting a range of recent upgrades and a strategic location within walking distance to essential amenities, this property is ready to accommodate a variety of ventures seeking a prime location and modern amenities. Location: 111 E. Palatine Rd Palatine, Illinois 60067 Unit Configuration: Top Floor: 2 bed / 1 bath unit available for $1,450 per month. Main Level: 3 bed / 1 bath unit offered at $1,875 per month. Basement: Unfinished basement with bathroom and storage space, offering potential for additional income with the addition of a unit. Key Features: Brand New Roof: This property features a brand-new roof, providing enhanced durability and protection against the elements for years to come. Brand New Plumbing: Enjoy the peace of mind of having brand-new plumbing systems installed throughout the property, ensuring optimal functionality and efficiency. New Mechanicals: With new mechanical systems in place, including HVAC and electrical, tenants can expect reliable performance and reduced maintenance costs. Newly Resurfaced Parking Lot: The parking lot has been freshly resurfaced, offering ample space for customers and employees and enhancing the property's curb appeal. Convenient Location: Situated in the heart of Palatine, this property enjoys excellent visibility and accessibility. Within walking distance, tenants have access to essential amenities, including: Jewel grocery store Train station Aquatic center Great School District: Located within a highly regarded school district, tenants at 111 E Palatine Rd benefit from access to quality education, making it an attractive location for families and employees alike. Opportunity Awaits: Whether you're looking to start a new business, expand your operations, or invest in commercial real estate, 111 E Palatine Rd presents an exciting opportunity to establish your presence in a thriving market. With its recent upgrades, strategic location, and potential for additional rental income, this property is primed for success. Schedule a Viewing: Don't miss out on this exceptional opportunity to lease or own a premium commercial property in Palatine. Contact us today to schedule a viewing and discover the endless possibilities that await at 111 E Palatine Rd
- Listed by Rocco Zaccaro • Coldwell Banker Realty
Property Details for 111 East Palatine Road
Area
Palatine
TownshipPalatine
OwnershipFee Simple
Num Of Garage Spaces3.0
Num Of Parking Spaces9.0
Heat/FuelNatural Gas, Forced Air
LISTING UPDATED: 11/27/2024 01:43 PM
Property Details for 111 East Palatine Road
Status | Re - Activated |
---|---|
MLS # | 12042514 |
Days on Market | 213 |
Taxes | $12,029 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1920 |
Lot Size | 0.36 AC / 15,480 SF |
County | Cook County |
Building Information for 111 East Palatine Road
Stories-Residences2Year Built1920Building Size-Lot Size0.36 AC / 15,480 SF
Property Information for 111 East Palatine Road
Property History for 111 East Palatine Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 111 East Palatine Road
Taxable ValueLand$9,288Additions$32,712Total$42,000
Tax Record2022$12,029 ($1,002 / month)
Home Facts
Beds5Baths3Total Finished SqFt2,546 SqFtAbove Grade Finished SqFt2,546 SqFtStories2Lot Size15,480 SqFtStyleSingle Family ResidenceYear Built1920CountyCOOKAPN02-23-101-002
Schools near 111 East Palatine Road
This home is within Township Hsd 211 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Gray M Sanborn Elementary School PublicPK to 6 | ||
Walter R Sundling Jr High School Public7 to 8 | ||
Palatine High School Public9 to 12 | ||
District 211 Academy - North Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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