111 E Palatine RD Save Request In-Person Tour Request Virtual Tour
Palatine,IL 60067
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
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
Area Palatine
Rooms
Basement Partial
Interior
Heating Natural Gas,Forced Air
Fireplace N
Exterior
Exterior Feature Dog Run,Storms/Screens,Fire Pit
Garage Detached
Garage Spaces 3.0
Waterfront false
Roof Type Asphalt
Building
Lot Description Common Grounds,Fenced Yard,Irregular Lot,Wood Fence
Dwelling Type Two to Four Units
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