Address
630-640 E Northwest Highway, Palatine, IL
Price
$ 549,990
Property Attributes
  • MLS#11965196
  • TypeIndustrial
  • CountyCOOK
  • CityPalatine
  • AreaPalatine
  • Zip60074
  • Style
  • Year Built1950
  • Taxes$ 23197
  • Price$ 549,990
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3500
  • Lot Size0.49 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Unlock the full potential of this commercial warehouse in a prime Palatine location with outstanding visibility, witnessing 25,000 cars passing by each day! Positioned in a high-traffic area on a spacious corner lot, this property is perfectly suited for either a auto repair shop as there is great parking space or just a warehouse space, offering a generous total of approximately 3,500 sq. ft. Notable features include two 10x10 garage doors, providing convenient access and enhancing the property's versatility. The property also has a triple basin, 14 parking spots and a bathroom. The robust infrastructure boasts a 200 Amp electrical system with both 1 and 3-phase options, ensuring an efficient and versatile power supply. The roof underwent replacement just one year ago, incurring a cost of $70,000, and the stucco was refreshed two years ago. Don't miss out on this rare opportunity for owner occupancy or as a lucrative income property. Act swiftly to secure your investment in this dynamic commercial space!

Price History
1/22/2024 Listed $549,990

General Features

Cooling Central Air
Roof Membrane
Zoning COMMR
Construction Materials Block
Year Built 1950
Electric Circuit Breakers,Service - 101 to 200 Amps
Tenant Pays Other
Stories 1
Township Wheeling
Property SubType Warehouse
Tax Year 2022
County Cook
Property Type Commercial Sale
Status Active
Directions WEST OF RTE 53 ON NORTHWEST HWY AND ELMWOOD
City Palatine
Total Units 2
MLS Area Palatine
Lot Size Square Feet 15000
Street Name Northwest
Tax Annual Amount 23197
Additional Parcels Y/N No
Days on Market 43
Standard Status Active
Property Type Industrial

Interior Features

Street Suffix Highway

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 3500
Lot Dimensions 177 X 80 X 57 X 165
Lot Size Acres 0.49

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 Industrial Average in 60074

Price
AVG $550K
$550K
Taxes
AVG $23,197
$23,197
Visits
AVG 73
74
Data Provided by Inside Real Estate®
Year Built
AVG 1950
1950

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