111 E Palatine Road 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
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
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