Address
1210 E Long Valley Drive, Palatine, IL
Price
$ 750,000
Property Attributes
  • MLS#11971375
  • TypeContingent
  • CountyCOOK
  • CityPalatine
  • AreaPalatine
  • Zip60074
  • StyleMulti-Family
  • Year Built1972
  • Taxes$ 19598
  • Price$ 750,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.4 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE BY TUESDAY 2/20/24 AT NOON. Well maintained brick 6-flat. Five 2-bedroom, 1 bath units and one 1-bedroom, 1 bath unit, all of which are currently occupied by long-term, reliable tenants. Coin-op laundry owned. New boiler in 2022. some units have been updated. Rents are under market and can be increased. Roof was replaced November 2011.

Price History
2/13/2024 Listed $750,000

General Features

Cooling Wall Sleeve
Zoning MULTI
Association Fee Includes Insurance,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
Year Built 1972
Tenant Pays Electricity
Stories 3
Tax Year 2022
Current Use Multi-Family
Gross Income 76020
County Cook
Net Operating Income 38438
Operating Expense 37582
Insurance Expense 2876
Property Type Commercial Sale
Contingency Attorney/Inspection
Status Contingent
Directions N. Rand Road (US-12); onto E. Long Valley Road.
City Palatine
Total Units 6
MLS Area Palatine
Lot Size Square Feet 17512
Street Name Long Valley
Tax Annual Amount 19598.8
Electric Expense 378
Fuel Expense 3079
Water Sewer Expense 5410
Additional Parcels Y/N No
Days on Market 8
Standard Status Active Under Contract
Property Type Multi Family 5+

Interior Features

Street Suffix Drive

Exterior Features

Foundation Details Block
Lot Dimensions 170'X113'X91'X182'
Lot Size Acres 0.4
Exterior Brick

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 Contingent Average in 60074

Price
AVG $330K
$750K
Taxes
AVG $5,983
$19,598
Visits
AVG 70
101
Data Provided by Inside Real Estate®
Year Built
AVG 1981
1972

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