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111 E Palatine Road, Palatine, IL 60067
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$515,000
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Home Details for 111 E Palatine Road
Price
$515,000
Type
Multi Family
Bedrooms
5
Total Bathrooms
3
Year Build
1920
County
Cook
Total Rooms
12
Garage
3
Basement
Partially Finished, Partial
Tax
$13,677.54
MLS®️ Listing#
12354143
On exitrealty.com
202 days
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
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- Parking
- On Site
- Detached
- Off Street
- Garage
- Heating Information
- Natural Gas
- Forced Air
- Basement
- Partially Finished
- Partial
- Water Features
- Public
School Information
School Information for 111 E Palatine Road
Elementary School
Gray M Sanborn Elementary School
Middle School
Sandburg Elementary School
High School
Palatine High School
Listing Courtesy: Coldwell Banker Realty - 630-954-4600
Last Updated: 2025-09-03 21:59:06
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Market statistics compiled from data from Midwest Real Estate Data.
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$515,000
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EXIT REALTY REDEFINED
2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008