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Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12374909
Sold Date 07/28/25
Year Built 1977
Annual Tax Amount $18,651
Tax Year 2023
Lot Dimensions 50X50
Property Sub-Type Multi Family 5+
Property Description
Turnkey 6-Unit Multifamily Investment in Prime Palatine - Strong Cash Flow & Recent Renovations! The building features five spacious 2-bedroom units and one 1-bedroom unit. Five of the six units have been recently remodeled, showcasing updated kitchens, bathrooms, flooring, and modern finishes that enhance rental appeal and minimize maintenance. On-site own laundry for tenant convenience and additional income stream. With upgraded amenities and a solid rental track record, this property is a true turnkey investment with room for rent growth or further value-add strategies. Don't miss this rare chance to own a reliable, cash-flowing multifamily in one of the northwest suburbs' most sought-after communities
Location
State IL
County Cook
Area Palatine
Interior
Cooling Wall Sleeve
Fireplace N
Building
Level or Stories 3
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Mine Beevis • john greene, Realtor