Palatine IL Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 12042514
View additional info
Courtesy: Coldwell Banker Realty
630-954-4600
ADDITIONAL INFORMATION
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
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Palatine Real Estate
The median home value in Palatine, IL is $348,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Palatine, IL is $348,000. Approximately 63.09% of Palatine homes are owned, compared to 30.77% rented, while 6.14% are vacant. Palatine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palatine real estate agent to arrange a tour today!
Palatine, Illinois has a population of 67,754. Palatine is more family-centric than the surrounding county with 29.88% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Palatine, Illinois is $86,415. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Palatine is 38.2 years.
Palatine Weather
The average high temperature in July is 83 degrees, with an average low temperature in January of 13.9 degrees. The average rainfall is approximately 36.2 inches per year, with 35.7 inches of snow per year.