111 E Palatine Road Palatine, IL 60067
Listing Courtesy of: Midwest Real Estate Data / Coldwell Banker Realty / Rocco Zaccaro

  111 E Palatine Road Palatine, IL 60067

Contingent (170 Days)
$525,000
5
BED
3
BATH

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

MLS #:
12042514
Taxes
$12,029(2022)
Type
Multifamily
Year Built
1920
School District
15,211
County
Cook County

Listed By

Rocco Zaccaro, Coldwell Banker Realty
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Oct 15 2024 at 11:17 AM GMT+0000
Bathroom Details
Lot Information
  • Fenced Yard
  • Wood Fence
  • Common Grounds
  • Irregular Lot
Heating and Cooling
  • Forced Air
  • Natural Gas
Basement Information
  • Partial
  • Partially Finished
Exterior Features
  • Aluminum Siding
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Gray M Sanborn Elementary School
  • Middle School: Walter R Sundling Junior High Sc
  • High School: Palatine High School
Garage
  • Detached
Parking
  • Side Apron
  • Off Street
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 15, 2024
Price Changed
$525,000
-2%
-10,000
Apr 29, 2024
Original Price
$535,000
-
-
Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.