Palatine, IL 60067,51 W Wilson ST W
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Palatine, IL 60067,51 W Wilson ST W
Palatine, IL 60067,51 W Wilson ST W
Palatine, IL 60067,51 W Wilson ST W
Palatine, IL 60067,51 W Wilson ST W

$780,000

Est. payment /mo

$799,000

2.4%
Est.Price: ?

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51 W Wilson ST W Palatine, IL 60067

3,932 SqFt

SOLD DATE : 11/19/2024

Key Details

Sold Price $780,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,932 sqft

Price per Sqft $198

MLS Listing ID 12165551

Sold Date 11/19/24

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

Area Palatine

Zoning MULTI

Interior

Cooling Central Air

Flooring Wood

Fireplace N

Exterior

Roof Type Composition

Building

Level or Stories 2

Structure Type Wood Frame

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Midwest Real Estate Data (MRED) IDX
Listed by Daniel Drake • @properties Christie's International Real Estate
Bought with Pradeep Singh • Coldwell Banker Realty

Karen Arenson

Advisor | License ID: 471.000309

+1(773) 501-6201

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