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$1,025,000
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Property Description
Turnkey 6-Unit Multifamily Investment in Prime Palatine - Strong Cash Flow & Recent Renovations! The building features five spacious 2-bedroom units and one 1-bedroom unit. Five of the six units have been recently remodeled, showcasing updated kitchens, bathrooms, flooring, and modern finishes that enhance rental appeal and minimize maintenance. On-site own laundry for tenant convenience and additional income stream. With upgraded amenities and a solid rental track record, this property is a true turnkey investment with room for rent growth or further value-add strategies. Don't miss this rare chance to own a reliable, cash-flowing multifamily in one of the northwest suburbs' most sought-after communities
Full Property Details
Full Property Details for 1535 N Winslowe Dr
General
- Sold For: $1,025,000
- Taxes: $18,651 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12374909
- Added to Site: 238 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Palatine
- County: Cook
- Driving Directions: Rand Rd S of Dundee Rd
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Central Heat/Individual Controls, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Year Built: 1977
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Dimensions: 50 x 50
Financial Considerations
- Operating Expenses: $37,446
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1977
- Tax Amount: $18,651
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 2121000540000
Listed by Core Realty & Investments Inc.
Sold by john greene, Realtor
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Schools
Schools serving 1535 N Winslowe Dr
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Virginia Lake Elementary School 925 North Glenn Drive, Palatine, IL 60074 | K-5 | 0.6 mi |
Winston Campus Jr High School 120 North Babcock Drive, Palatine, IL 60074 | 6-8 | 1.7 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1535 N Winslowe Dr
Date
Details
Price
Change
Source
7/28/2025
Sold
$1,025,000
7.89%
MLS
5/25/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1535 N Winslowe Drive, Palatine, IL 60074 (MLS# 12374909) is a Commercial property that was sold at $1,025,000 on July 28, 2025. Want to learn more about 1535 N Winslowe Drive? Do you have questions about finding other Commercial real estate for sale in Palatine? You can browse all Palatine real estate or contact a Coldwell Banker agent to request more information.

