$780,000
$799,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
51 W Wilson ST W Palatine, IL 60067
3,932 SqFt
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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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Pradeep Singh • Coldwell Banker Realty