REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 799,000
Est. payment /mo
Pending
51 W Wilson W Street Palatine, IL 60067
3,932 SqFt
UPDATED:
11/13/2024 08:04 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 3,932 sqft
Price per Sqft $203
MLS Listing ID 12165551
Year Built 1868
Annual Tax Amount $12,315
Tax Year 2022
Lot Dimensions 120 X 102 X 62
Property Description
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!!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Structure Type Wood Frame
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Daniel Drake • @properties Christie's International Real Estate