51 West Wilson Street
$780,000
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Closed 11/19/24
Description
Located directly in Downtown Palatine this Mixed Use building has prime location plus Cashflow! Any Investor's Dream 7.3 Cap Rate! Just walking distance to the Palatine Metra Station, this unique Mixed Use building has 3 residential condos plus a Palatine staple, Darios, on the main level. Each Condo unit has 2 bedrooms plus 1 full bath along with their very own Washer and Dryer in Unit. Strong Rental history with long term tenants for all units! Not to mention, each condo has great patio space perfect...Located directly in Downtown Palatine this Mixed Use building has prime location plus Cashflow! Any Investor's Dream 7.3 Cap Rate! Just walking distance to the Palatine Metra Station, this unique Mixed Use building has 3 residential condos plus a Palatine staple, Darios, on the main level. Each Condo unit has 2 bedrooms plus 1 full bath along with their very own Washer and Dryer in Unit. Strong Rental history with long term tenants for all units! Not to mention, each condo has great patio space perfect for entertaining. Plumbing and electrical still intact with additional storage in lower level. Lots of Municipal parking surrounding the building. Zoned B-3 which includes many different uses. Owner pays only taxes and insurance. Prime Location just in time for the potential Bears Multi-Use Stadium project one train stop away. This is a must see!
- Listed by Daniel Drake • @properties Christie's International Real Estate
Sold By Coldwell Banker Realty
Property Details for 51 West Wilson Street
Area
Palatine
TownshipPalatine
ZoningMULTI
LISTING UPDATED: 11/19/2024 12:26 PM
Property Details for 51 West Wilson Street
Status | Closed |
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MLS # | 12165551 |
Days on Market | 14 |
Taxes | $12,315 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1868 |
Lot Size | 0.07 AC / 3,244 SF |
County | Cook County |
Building Information for 51 West Wilson Street
Stories2Residences4Year Built1868Lot Size0.07 AC / 3,244 SF
Property Information for 51 West Wilson Street
Property History for 51 West Wilson Street
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 51 West Wilson Street
Taxable ValueLand$1,946Additions$41,053Total$42,999
Tax Record2022$12,315 ($1,026 / month)
Home Facts
Baths5Total Finished SqFt3,932 SqFtAbove Grade Finished SqFt3,932 SqFtStories2Lot Size3,244 SqFtStyleMulti-Family Res (5+ Units)Year Built1869CountyCOOKAPN02-15-423-006
Schools near 51 West Wilson Street
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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