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111 E Palatine Rd
Palatine, IL 60067 Downtown Palatine

$515,000 USD

Multifamily For Sale • 2,546 SF

Property Details

Property Type Multifamily
Total Building Size 2,546 SF
Lot Size 0.36 AC
Year Built 1918
Cap Rate 9.83 %
Zoning R-2

0 Transit Score

76 Walk Score

                
                    Highlights
                
                                Great First Time Investment Opportuninty!
                            
                                .36 Acres
                            
                                Potential Redevelopment Opportunity for Correct Buyer

Financial Summary (Actual)

Net Operating Income: $27,390 USD (2023)

Cap Rate:	9.83 %
Total Expenses:	$11,410 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Palatine Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	12 min	0.7 mi
Arlington Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	4 min	-	2.1 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	24 min	-	16.7 mi
Chicago Midway International	46 min	-	32.7 mi

Arthur Fedotov 414-277-9500 Coldwell Banker Commercial

111 E Palatine Rd Palatine, IL 60067 Downtown Palatine