Address
410 E Palatine Road # 410-412, Palatine, IL
Price
$ 425,000
Property Attributes
  • MLS#11974544
  • TypeBusiness Op
  • CountyCOOK
  • CityPalatine
  • AreaPalatine
  • Zip60074
  • StyleBarber/Beauty
  • Taxes$ 3964
  • Price$ 425,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2040
  • Lot Size7,500 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

A MUST-SEE! FREE-STANDING 2-UNIT DUPLEX MIXED-USE LIVE/LEASE/WORK OPPORTUNITY! UNITS 410-412. UNIQUE AND VERSATILE RETAIL/OFFICE/SHOWROOM, PLUS A RESIDENTIAL DUPLEX UNIT IN THE BACK. LOCATED AT THE NORTHEAST CORNER OF PALATINE RD/NORTHWEST HIGHWAY SIGNAL INTERSECTION! EXCELLENT CONDITION! APPROXIMATELY 1,000 SQ FEET OF STOREFRONT/RETAIL/OFFICE/BUSINESS (THE STOREFRONT CURRENTLY OPERATES AS SALON. TRADE FIXTURES CAN STAY!) PLUS LIVE IN (OR LEASE OUT FOR EXTRA INCOME) AN APPROXIMATELY 950 SQ FT REMODELED 2-BEDROOM PLUS OFFICE RANCH UNIT FEATURING A PRIVATE ENTRANCE, A CHERRYWOOD KITCHEN WITH GRANITE COUNTERTOPS AND STAINLESS APPLIANCES, HARDWOOD FLOORS, AND A FULL AREA FINISHED STORAGE ATTIC (WITH PULLDOWN STAIRS)! COM-ED ENERGY-SAVING INTERIOR AND EXTERIOR LIGHTING! NEW ROOF 2023, NEWER WINDOWS AND MOST ZONED SYSTEMS! NEW ASPHALT PARKING LOT 2022! 12 PARKING SPACES! DUE TO THE RESIDENTIAL UNIT - THE ENTIRE BUILDING HAS SUPER LOW - LOW TAXES OF $3964.82 FOR 2022! 24 HOURS NOTICE TO SHOW IF POSSIBLE. PLEASE DO NOT DISTURB BUSINESS OR OCCUPANT.

Price History
2/5/2024 Listed $450,000
3/21/2024 6% - $425,000

General Features

Cooling Central Air
Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water-Community,Water to Site
Possession Closing
Zoning RTAIL
Electric Service - 101 to 200 Amps
Tenant Pays Varies by Tenant
Stories 1
Unit Number 410-412
Tax Year 2022
Current Use Commercial,Other
Business Type Barber/Beauty
County Cook
Property Type Business Opportunity
Possible Use Commercial,Single Family,Retail,Other
Status Active
Directions NORTHEAST CORNER OF NORTHWEST HIGHWAY AND PALATINE ROAD - MINOO'S SALON
City Palatine
MLS Area Palatine
Lot Size Square Feet 7500
Street Name Palatine
Tax Annual Amount 3964.83
Additional Parcels Y/N No
Days on Market 52
Lease Type N/A
Standard Status Active
Property Type Bus / Bus w/Real Est
Ownership Type Sole Proprietor

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 2040
Lot Dimensions 50X150
Frontage Type City Street,Public Road,Signal Intersection,State Road,US Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60074

Price
AVG $620K
$430K
Taxes
AVG $30,655
$3,964
Visits
AVG 95
89
Data Provided by Inside Real Estate®

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