630-640 E Northwest Highway Palatine, IL $ 549,990
630-640 E Northwest Highway
$ 549,990
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630-640 E Northwest Highway

Palatine, IL, 60074
$ 549,990
Baths0.0 Sq 3,500

Monthly Estimate*

$ 3,655

630-640 E Northwest Highway, Palatine, IL 60074 - Image 1
630-640 E Northwest Highway, Palatine, IL 60074 - Image 2
630-640 E Northwest Highway, Palatine, IL 60074 - Image 3
630-640 E Northwest Highway, Palatine, IL 60074 - Image 4
630-640 E Northwest Highway, Palatine, IL 60074 - Image 5
630-640 E Northwest Highway, Palatine, IL 60074 - Image 6
630-640 E Northwest Highway, Palatine, IL 60074 - Image 7
630-640 E Northwest Highway, Palatine, IL 60074 - Image 8
Studio

Commercial Property for sale in Palatine, IL

for $549,990. This 3,500 square foot building was built in 1950 on a lot size of 0.49.

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!

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Commercial Active

Price

$ 549,990

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 23,197

Style

Lot Size

0.49

Year Built

1950

Town/City

Palatine

County/Region

Cook

MLS | Web ID

11965196

Features
General
Cooling Central Air
Roof Membrane
Zoning COMMR
Construction Materials Block
Year Built 1950
Electric Circuit Breakers Service - 101 to 200 Amps
Tenant Pays Other
Stories 1
Township Wheeling
Property SubType Warehouse
Tax Year 2022
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Status Active
Directions WEST OF RTE 53 ON NORTHWEST HWY AND ELMWOOD
City Palatine
Total Units 2
MLS Area Palatine
Lot Size Square Feet 15000
Street Name Northwest
Tax Annual Amount 23197
Additional Parcels Y/N N
Leasable Area 0
Days on Market 43
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3500
Lot Dimensions 177 X 80 X 57 X 165
Lot Size Acres 0.49
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Interior
Street Suffix Highway
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* Excluded Features
List By
Coldwell Banker Realty

Broker

diana@dianamatichyn.com

Email

Affordability Calculator

$5,588
Per Month
65%
35%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$1,933
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2024$549,990 Listed Price

Map


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630-640 E Northwest Highway, Palatine, IL, 60074 is a Commercial Property for sale at $549,990 with 3,500 sqft and a lot size of 0.49. 630-640 E Northwest Highway is a studio with 0.0 baths and was built in 1950. The property's zip code is 60074 which is in Palatine, IL