111 E Palatine Road Palatine, IL 60067

Multi-Family Home MLS #: 12042514 Courtesy Of Coldwell Banker Oak Brook

$535,000

5 beds
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Est. Property Tax: $12,029
Estimated monthly payments: $3,341/mo.* (recalculate)

Property InformationDescription

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
MORTGAGE CALCULATOR

Features

  • Garage Count: 3 Car Garage
  • Sewer: Public
  • Style: Other Style
  • Water: City Water

MAP & DIRECTIONS

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111 E Palatine Road, Palatine, IL 60067
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School Information

111 E Palatine Road, Palatine, IL 60067

Elementary School
Grades PK-6 | Public School
GRAY M SANBORN ELEMENTARY SCHOOL
Palatine, IL 60067
101 N Oak St
847.­963.7000
Distance: 0.2 mi
School Rating
D+
Total Students
435
Middle School
Grades 7-8 | Public School
WALTER R SUNDLING JR HIGH SCHOOL
Palatine, IL 60067
1100 N Smith St
847.­963.3700
Distance: 1.4 mi
School Rating
C-
Total Students
648
High School
Grades 9-12 | Public School
PALATINE HIGH SCHOOL
Palatine, IL 60074
1111 N Rohlwing Rd
847.­755.1610
Distance: 1.8 mi
School Rating
B
Total Students
2625
Other Nearby Schools Distance Type Grades School Rating
Immanuel Lutheran School 0.3 mi Private PK-8
Stuart R Paddock School 0.5 mi Public KG-6 C+
St Theresa Elementary School 0.6 mi Private PK-8
Kirk School 0.7 mi Public
Quest Academy 0.7 mi Private PK-8
Quest Academy 0.7 mi Private PK-8
Winston Campus Jr High School 1.0 mi Public 7-8 C-
Winston Campus Elementary School 1.0 mi Public PK-6 C+
New Connection's Academy 1.0 mi Private 1-12
North Campus 1.1 mi Public 9-12
Pleasant Hill Elementary School 1.2 mi Public KG-6 A-
St Thomas Of Villanova School 1.4 mi Private PK-8
Lincoln Elementary School 1.4 mi Public KG-6 D+
Jane Addams Elementary School 1.5 mi Public PK-6 C
Virginia Lake Elementary School 1.5 mi Public PK-6 C
Wm Fremd High School 1.7 mi Public 9-12 A
Marion Jordan Elementary School 1.7 mi Public KG-6 B+
Lake Louise Elementary School 1.8 mi Public PK-6 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Palatine, IL 60067

Median Age: 41.7
Married: 53%
Number of Households: 17,172
Households with Children: 31.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home