15 days on rocket

111 E Palatine Rd, Palatine, IL, 60067

$535,000

Home List Price

$6,353*

Closing Credit

5 Bedrooms
3 Baths
House
Schools Nearby

Location

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111 E Palatine Rd, Palatine$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff Street, Side Apron
Garage3 spaces
Year Built1920
HeatingNatural Gas, Forced Air
BasementYes
WaterfrontFencing
MLS #12042514
StatusActive

About 111 E Palatine Rd

Prime Multi-Family/Residential Rental Property in Palatine, IL Welcome to 111 E Palatine Rd, an exceptional commercial property offering unparalleled opportunities for businesses in Palatine, IL. Boasting a range of recent upgrades and a strategic location within walking distance to essential amenities, this property is ready to accommodate a variety of ventures seeking a prime location and modern amenities. Location: 111 E. Palatine Rd Palatine, Illinois 60067 Unit Configuration: Top Floor: 2 bed / 1 bath unit available for $1,450 per month. Main Level: 3 bed / 1 bath unit offered at $1,875 per month. Basement: Unfinished basement with bathroom and storage space, offering potential for additional income with the addition of a unit. Key Features: Brand New Roof: This property features a brand-new roof, providing enhanced durability and protection against the elements for years to come. Brand New Plumbing: Enjoy the peace of mind of having brand-new plumbing systems installed throughout the property, ensuring optimal functionality and efficiency. New Mechanicals: With new mechanical systems in place, including HVAC and electrical, tenants can expect reliable performance and reduced maintenance costs. Newly Resurfaced Parking Lot: The parking lot has been freshly resurfaced, offering ample space for customers and employees and enhancing the property's curb appeal. Convenient Location: Situated in the heart of Palatine, this property enjoys excellent visibility and accessibility. Within walking distance, tenants have access to essential amenities, including: Jewel grocery store Train station Aquatic center Great School District: Located within a highly regarded school district, tenants at 111 E Palatine Rd benefit from access to quality education, making it an attractive location for families and employees alike. Opportunity Awaits: Whether you're looking to start a new business, expand your operations, or invest in commercial real estate, 111 E Palatine Rd presents an exciting opportunity to establish your presence in a thriving market. With its recent upgrades, strategic location, and potential for additional rental income, this property is primed for success. Schedule a Viewing: Don't miss out on this exceptional opportunity to lease or own a premium commercial property in Palatine. Contact us today to schedule a viewing and discover the endless possibilities that await at 111 E Palatine Rd

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (630) 954-4600
  • Listing Agent: Rocco Zaccaro

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Dog Run, Storms/Screens, Fire Pit

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Off Street, Side Apron

Lot Features

Lot Information:

  • Lot: Fencing, Irregular Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Walter R Sundling Jr High School, Public District Grades 7-8
  • Gray M Sanborn Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Palatine Road to 111 East Palatine

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000
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Housing Market Comparison

See how this home compares to others in Palatine, IL.

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Palatine, IL

City

Med. Sold Price

$322K

Med. Price/SqFt

$206

Avg. Days On Market

20

# of Sold Homes

81

111 E Palatine Rd vs Palatine

15 DAYS ON ROCKET

-5 Days

$535,000

+$212.9K More

KEY TAKEAWAY

This property is $212.9K more than the Median Sold Price in Palatine, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12042514

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (630) 954-4600
  • Listing Agent: Rocco Zaccaro

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 3:15:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$2,738

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Recommended Financing

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Rate/APR

7.5% / 6.68%

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1489280
3
/10

  • Gray M Sanborn Elementary School

  • 101 N Oak St

  • 0.21 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1489281
4
/10

  • Walter R Sundling Jr High School

  • 1100 N Smith St

  • 1.43 miles

  • Public District Grades 7-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,459. Most Palatine, IL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 111 E Palatine Rd

What is the listing price of this property?

The listing price of 111 E Palatine Rd property is $535,000.

What type of property is this?

The property 111 E Palatine Rd is a house located in Palatine, Illinois, 60067.

Is this property for sale now?

Active Listing: 111 E Palatine Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 111 E Palatine Rd are:
Gray M Sanborn Elementary School: GreatSchools Rating 3/10
Walter R Sundling Jr High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 111 E Palatine Rd has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 111 E Palatine Rd is 1920.

Rocket Homes›Illinois›Cook County›Palatine›60067›111 E Palatine Rd

This home is located at 111 E Palatine Rd in Palatine, IL and zip code 60067. This home was built in 1920. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $535,000.

Palatine, IL housing market in April 2024 saw over 43 listings sold above listed price, more than 11 sold at listed price and over 27 sold below. The number of homes for sale in Palatine, IL increased by 13.5% between March 2024 and April 2024. In April 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $322,020.

From Rocket Homes Real Estate and based on county public records data.

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