$90,000
$95,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
235 E Palatine RD #1C Palatine, IL 60067
1 Bed
1 Bath
Key Details
Sold Price $90,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Subdivision Colonial Court
MLS Listing ID 11612966
Sold Date 09/26/22
Bedrooms 1
Full Baths 1
HOA Fees $275/mo
Year Built 1970
Annual Tax Amount $2,170
Tax Year 2020
Lot Dimensions CONDO
Property Description
EXCELLENT INVESTMENT! The HOA only requires 12-mo or longer leases and no rental caps. Yielding an estimated 7% cap rate at current market value rents and located in the highly coveted and private Colonial Court, this spacious 1-bedroom condo features 1 assigned exterior parking space, an in-unit dishwasher, and an unbeatable location to downtown Palatine! The spacious kitchen features ample cabinet and countertop space. Updated wood laminate flooring throughout provides a warm cozy feel. The bedroom has plenty of space and a large closet provides ample storage. Just a short walk to downtown Palatine, the metra, and tons of local shops and restaurants. Parking spot 16 along with guest parking allows for plenty of parking spaces. The coin laundry and an assigned storage locker are located in the basement.
Location
State IL
County Cook
Area Palatine
Rooms
Basement None
Interior
Interior Features Wood Laminate Floors
Heating Natural Gas
Cooling Window/Wall Unit - 1
Equipment Ceiling Fan(s)
Fireplace N
Laundry Common Area
Exterior
Exterior Feature Deck
Amenities Available Coin Laundry, Storage
Roof Type Asphalt
Building
Story 1
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
Elementary Schools Gray M Sanborn Elementary School
Middle Schools Walter R Sundling Junior High Sc
High Schools Palatine High School
School District 15 , 15, 211
Others
HOA Fee Include Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger
Ownership Condo
Special Listing Condition None
Pets Allowed Cats OK, Dogs OK
Read Less
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Marla Schneider • Coldwell Banker Realty