Closed

$600,000

Favorite

5,742

square ft

1227 E Long Valley Drive

PALATINE, Illinois 60074

Closed / MLS #9650442 / Multiple Family / Palatine

Listing information updated 12/23/2017 at 2:29am

Excellent investment opportunity! 6 unit building in well managed 29 building complex on spacious grounds with park. Improvements include windows, new insulation in attic '16, new roof '14, Sump pump '13, 75 gallon commercial hot water heater. Fully occupied apartments with some long term tenants. Large apartments with eat in kitchens and many units updated with ceramic tile flooring, hardwired smoke detectors/CO detectors & 10 yr LED-bulbs w/ covered light fixtures in many closets. Easy to own, easy to rent and easy to maintain. Association fee of $270 includes scavenger landscaping & snow removal. Exceptional property that has been well cared for through the years.

Full Features

Exterior Type:

Brick

Square Feet:

5,742

Built:

1972

Parking Spaces:

Cooling System:

Wall Sleeve

Stories:

Roof:

Shingle Composition

Current Use:

Residential-Multi-Family

Zoning:

MULTI

Building Square Feet:

5,742

Current Net Income:

$46,577

Unit 1:

3 room(s) / 1 bed(s) / 1 bath(s)

Unit 2:

4 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$12,261

Tax Year:

N/A

Location

Zip Code:

60074

City:

Palatine

County:

Cook

Listing Office: Baird & Warner

Listing Office Phone: 773.775.1855

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 12/23/2017 at 2:29am. 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...

Learn More

$340,229

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.

New Listings in Palatine, IL

Recently Sold Homes in Palatine, IL

Popular Neighborhoods near Palatine, IL

1227 E Long Valley Drive is a multiple family which sold for $600,000. This multiple family has been listed on @properties since June 15th, 2017 and was built in 1972.