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$3,000,000 Coming Soon

  • For Sale
  • Coming Soon
  • Commercial
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Full Property Details for 224 228 E Rimini Ct

General

  • Price: $3,000,000
  • HOA FEE: $19,697
  • Taxes: $32,719 (2023)
  • Status: Coming Soon
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12552355
  • Updated: 1/21/2026
  • Added to Site: 22 day(s) ago

Interior

  • Basement: Partially

Additional Information

  • Security/Safety: Alarm on Site

Location

  • Area: Palatine
  • County: Cook
  • Township: Palatine
  • Driving Directions: Hicks N of Rte 14 to Rimini Ct to 228
  • Location Details: Cul-de-Sac

Community

  • Assoc. Fees Include: Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Heat/Individual Controls

Utilities

  • Water: Community Water

Structural Information

  • Construction: Brick, Block, Wood
  • Exterior Const.: Brick, Block, Wood
  • Basement: Yes
  • Basement Desc.: Partially Finished
  • Foundation: Concrete Perimeter
  • Stories/Levels: 3
  • Current Bldg. Use: Multi-Family
  • Year Built: 1984

Unit Information

  • Units w/Refrigerators: 12
  • Units w/Range/Oven: 12
  • # Dryers: 14

Lot Features

  • Lot Dimensions: 106 x 53
  • Frontage: City Street
  • Potential Use: Condominium
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $19,697
  • Insurance Fee: $4,384
  • Operating Expenses: $66,387
  • Other Fee: $19,873
  • Security Deposit: Alarm On Site
  • Assessment Year: 1984
  • Tax Amount: $32,719.32
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat
  • Pays Electric: 798

Disclosures and Reports

  • Property ID: 2141000831106
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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Schools serving 224 228 E Rimini Ct

School Districts:Palatine Community Consolidated School District 15, Township High School District 211
NameGradesDistance
Lincoln Elementary School, Palatine, IL
1021 North Ridgewood Lane, Palatine, IL 60067
K-50.4 mi
Walter R Sundling Jr High School
1100 North Smith Street, Palatine, IL 60067
6-80.8 mi
Palatine High School
1111 North Rohlwing Road, Palatine, IL 60074
9-121 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 224 228 E Rimini Ct Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$3,000,000
106.9%
MLS
3/01/2022
Sold
$1,450,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 224 228 E Rimini Ct

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,727
3%
$9,210
—
2022
$2,638
27%
$9,210
44%
2021
$2,080
2%
$6,404
—
2020
$2,049
—
$6,404
-10%
2019
$2,052
2%
$7,154
10%
2018
$2,016
2%
$6,488
—
2017
$1,978
8%
$6,488
—
2016
$1,840
-5%
$6,488
3%
2015
$1,939
1%
$6,312
—
2014
$1,916
3%
$6,312
—
2013
$1,867
—
$6,312
-9%
2012
$1,866
—
$6,961
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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224, 228 E Rimini Court, Palatine, IL 60067 (MLS# 12552355) is a Commercial property. 224, 228 E Rimini Court is currently listed for $3,000,000 and was received on February 01, 2026. This property is listed by Galya Georgieva Team from our The Groves Office.Want to learn more about 224, 228 E Rimini Court? 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.

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