1908 North Green Lane North

Palatine, IL 60074

$869,000
Price
11
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great income opportunity, rentals are in demand now. Well-maintained six flat with newer appliances, flooring and washer/dryer. Five 2-bedrooms, and one 1-bedroom units. Ideal location, close to shops, pace bus stop and expressway 53. Desirable bldg. In the complex with long term tenants. 96 hr notice required for showings.Great income opportunity, rentals are in demand now. Well-maintained six flat with newer appliances, flooring and washer/dryer. Five 2-bedrooms, and one 1-bedroom units. Ideal location, close to shops, pace bus stop and expressway 53. Desirable bldg. In the complex with long term tenants. 96 hr notice required for showings.
  1. Listed by Jayesh Parekh • ARNI Realty Incorporated

Property Details for 1908 North Green Lane North

Area
Palatine
Township
Palatine
Zoning
MULTI
LISTING UPDATED: 09/15/2024 12:07 AM

Property Details for 1908 North Green Lane North

StatusActive
MLS #12159106
Days on Market10
Taxes$16,753 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1983
Lot Size0.06 AC / 2,597 SF
CountyCook County

Building Information for 1908 North Green Lane North

Stories3Residences6Year Built1983Building Size-Lot Size0.06 AC / 2,597 SF

Property Information for 1908 North Green Lane North

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers, Separate Meters, Power - 120V, Power - 240V
  • # Of Washers: 0
  • Basement Description: Crawl
  • Heat/Ventilation: Electric,Baseboard
  • # Of Window/Ac: 11
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • Num of Baths: 6.0
Exterior Features
  • Misc Outside: Balcony/ies,Security Lighting,Security System,Sun Deck
Property/Lot Information
  • Owners Association: Yes
  • Tenant Pays: Electricity
  • Built Before 1978: No
  • Approximate Age: 26-35 Years
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 45 X 60
  • Lot Size Square Feet: 2597.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Roof Structure: Gable
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 4950
  • # Of Ranges: 6
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 0
  • Photos Count: 1
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Security Entrance,Sidewalks,Cable Ready
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $1,063.00
  • Fuel Expense: $.00
  • Gross Income: $105,600.00
  • Gross Scheduled Income: $76,714.00
  • Insurance Expense: $2,875.00
  • Maintenance Expense: $1,435.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Janitor Expense: 1340
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Combination
  • Total Monthly Income: 8800
  • Water Expense Source: Actual
  • Net Operating Income: $35,460.00
  • Operating Expense: $28,886.00
  • Other Expense: $3,720.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,700.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1908 North Green Lane North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1908 North Green Lane North

Taxable ValueLand$1,753Additions$56,246Total$57,999
Tax Record2022$16,611 ($1,384 / month)
Home Facts
Baths6Total Finished SqFt5,742 SqFtAbove Grade Finished SqFt5,742 SqFtStories3Lot Size2,697 SqFtStyleMulti-Family Res (5+ Units)Year Built1984CountyCOOKAPN02-01-302-060

Schools near 1908 North Green Lane North

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
Lake Louise Elementary School
PublicPK to 6

Winston Campus 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.

Similar Homes

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1908 North Green Lane North is a multi-family home for sale in Palatine, IL 60074. This property was listed for sale on September 9, 2024 by ARNI Realty Incorporated, it's currently listed at $869,000. It has been on the market for a total of 10 days and was last sold on April 18, 2016. This listing's school districts are Township Hsd 211 School District, Palatine Central Consolidated School District 15. Nearby schools include Lake Louise Elementary School, Winston Campus Jr High School and Palatine High School. 1908 North Green Lane North is a 11-bed, 6-bath, multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ARNI Realty Incorporated

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/15/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.