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855 East Palatine Road, Palatine, IL 60074

$975,000

  • For Sale
  • Active
  • Commercial
  • 12,300 Sq. Ft.
  • 46 Parking Spaces
855 East Palatine Road, Palatine, IL 60074View this property at 855 East Palatine Road, Palatine, IL 60074
855 East Palatine RoadPalatineIL60074

Property Description

Medical/Professional Office Building for Sale or Lease. 92% Leased. Taxes reduced July 2017. Attractive Investment opportunity. One office- medical Suite available for Lease, Ste 230 - 1,050 rsf; Chair lift to second floor Air, Heat, & Water included in lease rate Individually metered for electric Building has good visibility & high traffic count. New roof & parking lot resurfaced 2016. Long stable tenants.

Full Property Detailsfor 855 East Palatine Road

General

  • Price: $975,000
  • Taxes: $56,381 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 08987697
  • Updated: 3/26/2018
  • Added: 1, 070 day(s) ago

Additional Information

  • Security/Safety: Alarm Monitored

Parking

  • Total Spaces: 46
  • Parking Features: 31 to 50 Spaces
  • Parking: 31 to 50 Spaces

Location

  • Area: Palatine
  • County: Cook
  • Township: PALATINE
  • Driving Directions: Corner of Palatine Rd and Leonard

Heating & Cooling

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

Structural Information

  • Exterior Const.: Brick
  • Roof: Shingle Composition, Membrane, Rubber Hip
  • Loading: None
  • Square Feet: 12,300
  • Aprox. Leasable: 1050 - 1050 Sq. Ft.
  • Current Bldg. Use: Office and Research
  • Year Built: 1971
  • Built Before 1978: Yes
  • Remodeled/Updated: 2018

Unit Information

  • # Tenants: 9

Lot Features

  • Lot Size (Acres): 0.81
  • Lot Size (Sq. Ft.): 35,521
  • Lot Dimensions: 200 x 179 x 199 x 177
  • Lot Access: Public Road
  • Potential Use: Commercial
  • Zoning: OFFIC

Financial Considerations

  • For Sale/Rent/Lease: For Sale or Rent
  • Tax Amount: $56,381
  • Tax Year: 2016
  • Tenant Pays: Electric

Disclosures and Reports

  • APN: 2241000080000

Listed by Keller Williams Chicago-O'Hare

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Schools

Schoolsserving 855 East Palatine Road

School District:Palatine Community Consolidated School District 15, Township High School District 211
School Name
Grades
Distance
Winston Campus Elementary School
900 E Palatine Rd, Palatine, IL 60074
PK-6
0.1 mi
Winston Campus Junior High School
120 N. Babcock Drive, Palatine, IL 60074
7-8
0.1 mi
Palatine High School
1111 N Rohlwing Rd, Palatine, IL 60074
9-12
1.5 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 855 East Palatine Road Get Price Alerts

Date
Details
Price
Change
Source
6/06/2017
Price Reduced
$975,000
-11.36%
MLS
8/22/2016
Price Increased
$1,100,000
10%
MLS
7/20/2015
Listed
$1,000,000
MLS
Disclaimer: Historical sales and 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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Community Info

Community Infofor 855 East Palatine Road

Listed by Keller Williams Chicago-O'Hare

855 East Palatine Road, Palatine, IL 60074 (MLS# 08987697) is a Commercial property. 855 East Palatine Road is currently listed for $975,000 and was received on July 20, 2015. Want to learn more about 855 East Palatine 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.