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    1877 Green Lane

    Palatine, IL 60074
    • $575,000
    • STATUS: Active Under Contract
    • ON SITE: 73 days
    • MLS #: 10813601
    Under Contract
    UPDATED: 26 min ago
    $575,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,773
      SQFT
    • $120
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Ratings & Info

    Description

    ATTENTION INVESTORS! Fully leased 6 flat with even higher income potential than what it currently is. Brick exterior. Newer roof. Each unit has a large living area and balcony. Tenant pays electric and heat. Coin laundry can be added for additional income. Grounds maintained by the HOA ($375/month) include snow removal, landscaping and scavenger. Conveniently located close to shopping, restaurants and express way. Great income property with minimal maintenance required.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-24T12:51:34.747 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1877 Green Lane Palatine, IL 60074

    • Price: $575,000
    • Status: Active Under Contract
    • Updated: 26 min ago
    • MLS #: 10813601
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    4,773
    SQFT
    $120
    $/SQFT
    1985
    Built
    Neighborhood:
    Palatine
    County:
    Cook
    Area:
    Palatine
    Property Description
    ATTENTION INVESTORS! Fully leased 6 flat with even higher income potential than what it currently is. Brick exterior. Newer roof. Each unit has a large living area and balcony. Tenant pays electric and heat. Coin laundry can be added for additional income. Grounds maintained by the HOA ($375/month) include snow removal, landscaping and scavenger. Conveniently located close to shopping, restaurants and express way. Great income property with minimal maintenance required.
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access Private Road Land Amenities Sidewalks Lot Dimensions 49 X 63 Lot Sq Ft 2601 Number Of Parking Spaces 12

    Interior Features

    Air Conditioning Window Unit/S Fire Protection Other Number Of Bedrooms Type5 2 Number Of Bedrooms Type6 1 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 2 Number Of Bedrooms Unit4 1 Number Of Dryers 1 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Full Bathrooms Type4 1 Number Of Full Bathrooms Type5 1 Number Of Full Bathrooms Type6 1 Number Of Ranges 6 Number Of Refrigs 6 Number Of Rooms Unit Five 4 Number Of Rooms Unit Four 3 Number Of Rooms Unit Six 3 Number Of Rooms Unit1 4 Number Of Rooms Unit2 3 Number Of Rooms Unit3 4 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 1 Number Of Units Apt Type2 1 Number Of Units Apt Type3 1 Number Of Units Apt Type4 1 Number Of Units Apt Type5 1 Number Of Units Apt Type6 1 Number Of Units Apt Type7 0 Number Of Washers 1 Outdoor Parking 6-12 Spaces Repairs Decor Expense 0

    Property Features

    Age 26-35 Years Assessment Includes Lawn CareScavengerSnow Removal Built Before1978 YN No Contingency Flag Attorney/Inspection Current Use Residential-Multi-Family Electrical Service Circuit Breakers Electricity Expense 204 Exterior Building Type Brick Fuel Expense 0 Green Supporting Documents No Gross Rental Income Amount 64200 Heat Ventilation Electric Insurance Expense 1596 Janitor Expense 0 Known Encumbrances None Known Miscellaneous Outside Balcony/IesCourtyard Monthly Income Max1 950 Monthly Income Max2 850 Monthly Income Max3 1000 Monthly Income Max4 800 Monthly Income Max5 950 Monthly Income Max6 800 Net Oper Income Amount 43494 Number Of Window Ac 6 Other Expenses 4500 Owners Assoc YN Yes Possession Closing Potential Use Residential-Multi-Family Tax Year 2019 Taxes 13015 Tenant Pays Air ConditioningElectricHeat Total Annual Exp 20706 Total Annual Expense Source Actual Total Annual Income 64200 Total Monthly Income 5350 Township Palatine Type Multi Family Flats Unincorporated YN No Utilities To Site Water-Municipal Water Expense 1392 Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Homesmart Connect Llc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-24T12:51:34.747 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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