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630-640 E Northwest Highway, Palatine, IL 60074
$549,990
630-640 E Northwest Highway, Palatine, IL 60074View this property at 630-640 E Northwest Highway, Palatine, IL 60074
630-640 E Northwest HighwayPalatineIL60074
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Property Description
Unlock the full potential of this commercial warehouse in a prime Palatine location with outstanding visibility, witnessing 25,000 cars passing by each day! Positioned in a high-traffic area on a spacious corner lot, this property is perfectly suited for either a auto repair shop as there is great parking space or just a warehouse space, offering a generous total of approximately 3,500 sq. ft. Notable features include two 10x10 garage doors, providing convenient access and enhancing the property's versatility. The property also has a triple basin, 14 parking spots and a bathroom. The robust infrastructure boasts a 200 Amp electrical system with both 1 and 3-phase options, ensuring an efficient and versatile power supply. The roof underwent replacement just one year ago, incurring a cost of $70,000, and the stucco was refreshed two years ago. Don't miss out on this rare opportunity for owner occupancy or as a lucrative income property. Act swiftly to secure your investment in this dynamic commercial space!
Full Property Details
Full Property Details for 630-640 E Northwest Hwy
General
- Price: $549,990
- Taxes: $23,197 (2022)
- Status: Active
- Type: Warehouse
- MLS ID: 11965196
- Updated: 1/28/2024
- Added to Site: 99 day(s) ago
Parking
- Parking Features: 13 to 18 Spaces
Location
- Area: Palatine
- County: Cook
- Township: Wheeling
- Driving Directions: WEST OF RTE 53 ON NORTHWEST HWY AND ELMWOOD
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Forced Air, Gas
Structural Information
- Construction: Block
- Foundation: Concrete Perimeter
- Roof: Membrane
- Drive-In Doors: 2
- Stories/Levels: 1
- Square Feet: 3,500
- Year Built: 1950
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 15,000
- Lot Dimensions: 177 x 80 x 57 x 165
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1950
- Tax Amount: $23,197
- Tax Year: 2022
Disclosures and Reports
- Property ID: 2232150280000
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Price & Sales History for 630-640 E Northwest Hwy
Date
Details
Price
Change
Source
1/22/2024
Listed
$549,990
37.5%
MLS
5/01/2006
Sold
$400,000
—
Public Record
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
Tax History for 630-640 E Northwest Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2022
$23,197
-29%
$80,994
-19%
2021
$32,535
2%
$100,178
—
2020
$32,049
12%
$100,178
—
2019
$28,730
87%
$100,178
102%
2018
$15,380
2%
$49,491
—
2017
$15,089
8%
$49,491
—
2016
$14,033
-2%
$49,491
6%
2015
$14,281
1%
$46,481
—
2014
$14,108
3%
$46,481
—
2013
$13,724
12%
$46,401
1%
2012
$12,293
—
$45,851
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 630-640 E Northwest Hwy
630-640 E Northwest Highway, Palatine, IL 60074 (MLS# 11965196) is a Warehouse property. 630-640 E Northwest Highway is currently listed for $549,990 and was received on January 22, 2024. This property is listed by Diana Matichyn from our Northwest Office.Want to learn more about 630-640 E Northwest Highway? Do you have questions about finding other Warehouse real estate for sale in Palatine? You can browse all Palatine real estate or contact a Coldwell Banker agent to request more information.