Homes for sale - 111 E Palatine Road, Palatine, IL 60067

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Melissa Overman

melissaoverman@gmail.com +1(815) 210-5141

$ 525,000

Est. payment | -/mo

5 Beds

Save

$ 525,000

Est. payment | -/mo

Save

5 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12042514

Bedrooms 5

Year Built 1920

Annual Tax Amount $12,029

Tax Year 2022

Lot Dimensions 15480

Property 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 / 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

Location

State IL

County Cook

Rooms

Basement Partial

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Dog Run, Storms/Screens, Fire Pit

Parking Features Detached

Garage Spaces 3.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Common Grounds, Fenced Yard, Irregular Lot, Wood Fence

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Gray M Sanborn Elementary School

Middle Schools Walter R Sundling Junior High Sc

High Schools Palatine High School

School District 15, 15, 211

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Rocco Zaccaro • Coldwell Banker Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(815) 210-5141

melissaoverman@gmail.com

50 S Main St, Naperville, IL, 60540, USA

111 E Palatine Road Palatine, IL 60067