Closed

$350,000

Favorite

6,694

square ft

552 E Northwest Highway

PALATINE, Illinois 60074

Closed / MLS #9594753 / Commercial / Mixed Use / Palatine

Listing information updated 1/10/2018 at 2:22am

Great Opportunity. Free Standing Multi-Family Building, Great Exposure on Northwest Hwy., Close Proximity to IL Rte 53, Close to Harvest Bible Church. Lots of parking- 6 in front and 8 or more in the back. 127' of Frontage along Northwest Hwy. 2 Apartments already in place with tenants on a month - by - month bases, to Provide Instant Income. New Windows on upper level. 5000 sq ft of Retail space on first floor with 2 apartments on 2nd floor. Lower level is empty, available, can use for offices, warehouse, retail/stores, etc. The 2 apartments are one unit 2 bd 1 ba with laundry room and all mechanical separate rented for $900/mo, on a mo-to-mo bases. The second unit is a 3 bd 1 ba with laundry and mechanical separate rented for $1175/mo, on a mo-to-mo bases. The building is in pristine condition. Don't miss out, Stop Leasing and Start Living the American Dream. Own a money making building. For Showings call listing agent.

Full Features

Built:

1960

Parking Spaces:

Cooling System:

Central Air

Stories:

Roof:

Tar and Gravel

Zoning:

MULTI

# of Offices:

Building Square Feet:

6,694

Current Net Income:

$40,000

Taxes & Assessments

Tax Amount:

$8,648

Tax Year:

N/A

Location

Zip Code:

60074

City:

Palatine

County:

Cook

Listing Office: Charles Rutenberg Realty of IL

Listing Office Phone: 630.929.1100

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 1/10/2018 at 2:22am. 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.

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...

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$340,006

Average Sale Price

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.

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552 E Northwest Highway is a commercial / mixed use which sold for $350,000. This commercial / mixed use has been listed on @properties since April 14th, 2017 and was built in 1960.