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$780,000
3,932
square ft

51 W Wilson Street
Palatine, Illinois 60067

Closed / MLS #12165551 / Commercial / Mixed Use / Palatine
Listing information updated 11/19/2024 at 12:43pm
Located directly in Downtown Palatine this Mixed Use building has prime location plus Cashflow! Any Investor's Dream 7.3 Cap Rate!! Just walking distance to the Palatine Metra Station, this unique Mixed Use building has 3 residential condos plus a Palatine staple, Darios, on the main level. Each Condo unit has 2 bedrooms plus 1 full bath along with their very own Washer and Dryer in Unit. Strong Rental history with long term tenants for all units! Not to mention, each condo has great patio space perfect for entertaining. Plumbing and electrical still intact with additional storage in lower level. Lots of Municipal parking surrounding the building. Zoned B-3 which includes many different uses. Owner pays only taxes and insurance. Prime Location just in time for the potential Bears Multi-Use Stadium project one train stop away. This is a must see!!
Built:
1868
Cooling System:
Central Air
Stories:
2
Roof:
Composition
Current Use:
Commercial, Condominium
Potential Use:
Commercial, Condominium
Zoning:
MULTI
Building Square Feet:
3,932
Current Net Income:
$58,280
Tax Amount:
$12,315
Tax Year:
2022
Zip Code:
60067
City:
Palatine
County:
Cook

Listing Office: @PROPERTIES

Listing Office Phone: 847.381.0300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/19/2024 at 12:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Palatine, IL

Palatine has mastered the art of balance. The growing community has a healthy mix of residents who enjoy its friendly suburban lifestyle and businesses that fuel the local economy.  The village embraces growth to support a wealth of amenities and services. The Palatine Park District has 28 parks, a...

Metra

Metra
Union Pacific Northwest line at Palatine Metra
$396,621
Average Sale Price
39
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 51 W Wilson Street, Palatine, IL 60067
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51 W Wilson Street, Palatine, IL 60067 is a commercial / mixed use which sold for $780,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since September 18th, 2024 and was built in 1868. The nearest transit stops include Palatine Metra Metra Union Pacific Northwest line.

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