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$1,075,000

  • Sold
  • Closed
  • Commercial
  • Updated 3 days ago
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Incredible income potential opportunity!! Easy to rent 1 bedroom apartments, @$1300/month each - 8 units, with common laundry, storage cages, and tons of parking. Conveniently located in an area of mixed commercial and residential buildings, fantastic access to shopping, downtown Palatine, and train station.

Full Property Details for 411 N Hicks Rd

General

  • Sold For: $1,075,000
  • Taxes: $13,303 (2024)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12728178
  • Added to Site: 72 day(s) ago

Interior

  • Interior Features: Storage Inside, Laundry Room, Workshop Area (Interior)

Location

  • Area: Palatine
  • County: Cook
  • Driving Directions: Corner of Northwest Hwy (Rte 14) and Hicks Rd (must enter from northbound NW Hwy)

Heating & Cooling

  • Cooling Type: Wall Sleeve
  • Heating Type: Electric

Utilities

  • Water: Community Water
  • Onsite: Sewer Connected

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel
  • Stories/Levels: 3
  • Year Built: 1960
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 7
  • Units w/Range/Oven: 8
  • # Dryers: 1

Lot Features

  • Lot Dimensions: 218 x 75

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Operating Expenses: $35,049
  • Assessment Year: 1960
  • Tax Amount: $13,303
  • Tax Year: 2024
  • Tenant Pays: Electricity

Disclosures and Reports

  • Property ID: 2144000540000

Listed by Berkshire Hathaway HomeServices Starck Real Estate
Sold by Non Member

Listing agent

— 411 N Hicks Rd —

  • Berkshire Hathaway HomeServices Starck Real Estate

(847) 359-4600

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 411 N Hicks Rd

School Districts:Palatine Community Consolidated School District 15, Township High School District 211
NameGradesDistance
Virginia Lake Elementary School
925 North Glenn Drive, Palatine, IL 60074
K-50.7 mi
Winston Campus Jr High School
120 North Babcock Drive, Palatine, IL 60074
6-80.9 mi
Palatine High School
1111 North Rohlwing Road, Palatine, IL 60074
9-121 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 411 N Hicks Rd

Date
Details
Price
Change
Source
10/09/2026
Sold
$1,075,000
-10.42%
MLS
8/11/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Berkshire Hathaway HomeServices Starck Real Estate
Sold by Non Member

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411 N Hicks Road, Palatine, IL 60067 (MLS# 12728178) is a Commercial property that was sold at $1,075,000 on October 09, 2026. Want to learn more about 411 N Hicks Road? 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.