1526 CRIMSON LN, Palatine, IL 60074
1526 CRIMSON LN, Palatine, IL 60074
1526 CRIMSON LN, Palatine, IL 60074
29
$561,000
$575,000
2.4%
Est.Price: ?

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5,832 SqFt

1526 CRIMSON LN Palatine, IL 60074

Est. payment /mo
SOLD DATE : 07/09/2019

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Key Details

Sold Price $561,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 5,832 sqft

Price per Sqft $96

MLS Listing ID 10354436

Year Built 1982

Annual Tax Amount $13,455

Tax Year 2017

Property Sub-Type Multi Family 5+

Property Description

***Highest and best due 4/30/2019 by 8pm***WONDERFUL WATERFRONT MULTI-FAMILY FULLY RENTED, RARELY VACANT AND OWNER FOR A LONG TIME. EXCELENT INVESTMENT IN THRIVING PALATINE / ARLINGTON HEIGHTS CORRIDOR W/QUICK ACCESS TO 53/355, MULTIPLE METRA AND DOWNTOWN LOCATIONS, GROWING NUMBERS OF BUSINESS, RESTAURANTS, AND SHOPS, AND QUICKLY INCREASING RENTS. 5 X 2 BEDROOM 1 BATH / 1 X 1 BEDROOM 1 BATH / TENANTS PAY HEAT & ELECTRIC / ASSOC. COVERS LANDSCAPING, SNOW REMOVAL, SCAVENGER, LAWN CARE AND EXTERIOR MAINTENANCE. NEW ROOF BEING PUT ON THIS MONTH / NEW CARPETING AND PAINT IN THE HALLWAYS / VARIOUS UPDATES IN THE UNITS - LONG TIME TENANTS (SOME AS FAR BACK AS 2002). / WASHER + DRYER LEASED OFFERING EXTRA INCOME. AGENT RELATED TO SELLER.

Location

State IL

County Cook

Area Palatine

Zoning MULTI

Interior

Cooling Wall Sleeve, Window Unit(s)

Exterior

Utilities Available Sewer Connected

Roof Type Composition

Building

Water Municipal Water

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Mariusz Bilotas of  Four Daughters Real Estate 
Bought with Rutul Parekh of ARNI Realty Incorporated

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