$799,000
Active Under Contract
31 Days Online
0 Beds0 Baths3,932 SQFT
Active Under Contract

51 W Wilson Street Palatine, IL 60067

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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!!

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyCook
  • Taxes$12,315
  • HOA/Condo/Coop Fees$0
  • Days on Site31 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12165551
  • Home Size Source N/A
  • Year Built1868
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 2
  • Property Sub Type Mixed Use
  • Zoning MULTI
  • Number Of Stories 2

Interior Features

  • Cooling Central Air
  • Flooring Wood

Exterior Features

  • Roof Composition
  • Construction Details Wood Frame

Community Features

  • Township Palatine
  • MLS Area Palatine

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Monthly Payment (Est.)

$4,015
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