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$960,000
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Property Description
Great Investment. Yearly Income Income $73,000. For Over Association Listed As Other Expense ($375 Monthly Assessement) Covers Landscaping, Snow Removal, Scavenger and Parking Lot Maintenance. All Spacious 3-2 Bedroom and 3-1 Bedroom Units With Balconies Are Always Rented. Plenty Of Parking and Nice Greenery Areas Around The Property.
Full Property Details
Full Property Details for 1875 N Green Ln N
General
- Sold For: $960,000
- Taxes: $15,194 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12680785
Location
- Area: Palatine
- County: Cook
- Driving Directions: N of Dundee Rd, E of North Rand Road
Heating & Cooling
- Heating Type: Electric, Radiant
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1985
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 2718
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $32,543
- Assessment Year: 1985
- Tax Amount: $15,194
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 2013020420000
Listed by American International Realty
Sold by Fox Valley Real Estate
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Schools
Schools serving 1875 N Green Ln N
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Lake Louise Elementary School 500 North Jonathan Drive, Palatine, IL 60074 | K-5 | 1.8 mi |
Winston Campus Jr High School 120 North Babcock Drive, Palatine, IL 60074 | 6-8 | 2.3 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1875 N Green Ln N
Date
Details
Price
Change
Source
8/21/2026
Sold
$960,000
-3.9%
MLS
6/17/2026
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1875 N Green Lane N, Palatine, IL 60074 (MLS# 12680785) is a Commercial property that was sold at $960,000 on August 21, 2026. Want to learn more about 1875 N Green Lane N? 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.

