111 E Palatine Road
Palatine, IL 60067
- 5 beds
- 3 baths
- – sqft
- 1920 build
- – on site
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
Listing courtesy of MRED / Coldwell Banker Realty as distributed by MLS GRID
Last checked:
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Last updated Jan 6, 2025
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MLS# 12042514 —
The Building
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Year Built:1920
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:Partial
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Exterior Features:Dog Run, Storms/Screens, Fire Pit
Interior
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Rooms Total:12
Location
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Directions:Palatine Road to 111 East Palatine
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Location:22076
The Property
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Parcel Number:02231010020000
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Property Type:Residential Income
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Location:N
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Lot Features:Common Grounds, Fenced Yard, Irregular Lot, Wood Fence
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Lot Size Dimensions:15480
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 954-4600
- Office phone:
- (630) 954-4600
Taxes
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Tax Year:2022
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Tax Annual Amount:12029
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:3
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Full Baths:2
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Half Baths:1
The Listing
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Gray M Sanborn Elementary School
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Elementary School District:15
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Middle Or Junior School:Walter R Sundling Junior High Sc
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Middle Or Junior School District:15
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High School:Palatine High School
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High School District:211
Parking
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Parking Total:9
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Parking Features:Off Street, Side Apron
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Parking Onsite:Yes
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Parking Ownership:Owned
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Garage Type:Detached
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Garage Spaces:3
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Garage Onsite:Yes
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Garage Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/27/24
Nov 27, 2024
|
Listed / Active | MRED | $525,000 | |
10/6/24
Oct 6, 2024
|
Sold Subject To Contingencies | MRED | $525,000 | |
7/15/24
Jul 15, 2024
|
Price Changed | MRED | $525,000 | -1.9% |