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$925,000
5,670
square ft

1538 Crimson Lane
Palatine, Illinois 60074

Closed / MLS #12572672 / Multiple Family / Palatine
Listing information updated 3/20/2026 at 4:43pm
Well Maintained 6 flat in quiet area near Dundee Rd and Rt 53. 5 two bedroom apartments and 1 one bedroom apartment. All overlook beautiful pond from their living room and balcony. Laundry machines on 1st floor are owned. Tenants pay own electricity and heat. Owner pays water and electricity for laundry room and staircases. Pays for exterior maintenance except roof. There are 16 parking permits per building and Visitor Stickers are available for $1 each. Rarely has a vacany. All brick building is attractive and entire complex is nicely landscaped and well kept.
Exterior Type:
Brick
Basement:
None
Water Front:
No
Square Feet:
5,670
Acreage:
0.06
Built:
1981
Cooling System:
Wall Sleeve
Stories:
3
Roof:
Composition
Current Use:
Multi-Family
Potential Use:
Condominium
Zoning:
MULTI
Building Square Feet:
5,670
Current Net Income:
$78,575
Unit 1:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 1 bed(s) / 1 bath(s)
Tax Amount:
$16,622
Tax Year:
2023
Zip Code:
60074
City:
Palatine
County:
Cook

Listing Office: RE/MAX At Home

Listing Office Phone: 847.255.1000

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 3/20/2026 at 4:43pm. 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...
$415,456
Average Sale Price
34
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 1538 Crimson Lane, Palatine, IL 60074
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1538 Crimson Lane, Palatine, IL 60074 is a multiple family which sold for $925,000. This multiple family has been listed on @properties Christie's International Real Estate since February 19th, 2026 and was built in 1981.

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