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

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Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$515,000

Est. payment - /mo

5 Beds

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UPDATED:

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 Sub-Type Two to Four Units

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 1600 per month. Main Level: 3 bed / 1 bath unit offered at 1900 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 Partially Finished, Partial

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Dog Run, Fire Pit

Garage Spaces 3.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Common Grounds, Irregular Lot

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

New Construction false

Schools

Elementary Schools Gray M Sanborn Elementary School

Middle Schools Sandburg Elementary School

High Schools Palatine High School

School District 15, 152, 211

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Listed by Rocco Zaccaro • Coldwell Banker Realty

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

111 E Palatine Road Palatine, IL 60067

Rich Ayers

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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111 E Palatine Road