Palatine, IL Apartment Buildings for Sale

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Barrington, IL Deer Park, IL Rolling Meadows, IL

Updated: Jun 17

Multifamily Apartment Building with Balconies

1875 N Green Lane N, Palatine, IL 60074

$999,000

0.06 AC lot

Brick multi‑unit property built in 1985
6 total units: three 2‑bedroom and three 1‑bedroom units
All units with balconies are reported as always rented
Reported yearly income of $73,000
HOA/association expense listed as $375 per month for landscaping, snow removal, scavenger, and parking lot maintenance

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Updated: Jun 17

Garden-Style Multifamily Building with Balconies

1875 N Green Lane N, Palatine, IL 60074

$999,000

Year built: 1985
Yearly income reported as $73,000
On‑site parking plus shared exterior maintenance covered by HOA/other expenses of $3,800 per year
All units are rented, including spacious 3‑bedroom and 4‑bedroom‑style layouts with balconies
Includes 3‑2 bedroom and 3‑1 bedroom units, all with balconies

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Palatine Condo Deconversion Opportunity

140 W Wood St, Palatine, IL 60067

$20,000,000

112,000 sqft

132-unit condo deconversion opportunity in downtown Palatine, Illinois.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Palatine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Building in Des Plaines

8807 Dee Road, Des Plaines, IL 60016

$899,900

0.18 AC lot

Six-unit residential building in a desirable Des Plaines location.

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Prospect Heights Multifamily Investment Opportunity

512 Piper Lane, Prospect Heights, IL 60070

$849,788

3,376 sqft

Multifamily property in Prospect Heights, IL, ideal for investors.

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Spacious 2BR Condo with Patio

920 Beau Drive #110, Des Plaines, IL 60016

$192,500

1,000 sqft

First-floor unit with patio, new carpets, and in-unit laundry.

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Spacious Condo in Lake Run

16 E Old Willow Road #202S, Prospect Heights, IL 60070

$180,000

1,250 sqft

Oversized 2-bed, 2-bath unit with amenities in Prospect Heights.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Off-Market Properties in Palatine, IL

Consider similar Off-Market properties in Palatine, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

GARDEN APT, COURT APT (5+ UNITS)

450 Palatine Rd, Palatine, IL 60067-4980

$2,945,000

Estimated value

1.22 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

153 Sherman St, Palatine, IL 60067-3559

$665,000

Estimated value

2,549 sqft · 0.31 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

821 Lilly Ln, Palatine, IL 60074-0903

$600,000

Estimated value

4,638 sqft · 0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

409 Cambridge Dr, Palatine, IL 60067-2359

Unit 15

$600,000

Estimated value

4,533 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

409 15th N Lk Shr, Palatine, IL 60067

$575,000

Estimated value

4,230 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

425 Cambridge Dr, Palatine, IL 60067-2365

Value Estimation by Request

4,480 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

105 Snw Hwy, Palatine, IL 60074-6232

Value Estimation by Request

2,932 sqft · 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2239 Rand Rd, Palatine, IL 60074-2350

Unit 51

$1,630,000

Estimated value

4,956 sqft · 0.49 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

830 Capri Dr, Palatine, IL 60074-0908

$655,000

Estimated value

4,687 sqft · 0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

43 Hale St, Palatine, IL 60067-5240

Value Estimation by Request

2,295 sqft · 0.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

237 Plum Grv Rd, Palatine, IL 60067-5270

$505,000

Estimated value

2,638 sqft · 0.24 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

103 Plum Grv Rd, Palatine, IL 60067-6244

Value Estimation by Request

1,868 sqft · 0.24 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

780 Dundee Rd, Palatine, IL 60074-0714

Unit 1

Value Estimation by Request

1,826 sqft · 1.44 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

305 Palatine Rd, Palatine, IL 60067-4923

Value Estimation by Request

2,288 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

440 Cambridge Dr, Palatine, IL 60067-2364

$745,000

Estimated value

4,328 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

240 Palatine Rd, Palatine, IL 60067-5123

Unit 2

$605,000

Estimated value

2,992 sqft · 0.20 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

125 Dundee Rd, Palatine, IL 60074-2644

$36,125,000

Estimated value

9.31 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

488 94th N Lk Shr, Palatine, IL 60067

$2,390,000

Estimated value

4,533 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

496 2nd N Lk Shr, Palatine, IL 60067

$2,400,000

Estimated value

4,533 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

424 30th N Lk Shr, Palatine, IL 60067

$2,390,000

Estimated value

4,533 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

49 Slade St, Palatine, IL 60067-0415

$575,000

Estimated value

4,480 sqft · 0.09 AC lot

View details

Palatine, IL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Palatine, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 112,000 square feet of properties for sale, with an estimated market value of $20,000,000.

Sale prices for two-family homes in Palatine, IL start at $20,000,000, averaging $20,000,000, and reaching up to $20,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 74K

Population Growth (5Y) -4.1%

Median Household Income $102,227

College Educated 19.9%

High-Yield Neighborhoods for Investment

Identify Palatine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60074	$999K
60067	$20M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Palatine fall within the 100,000+ square foot range.

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Palatine, IL Apartment Buildings for Sale

1875 N Green Lane N, Palatine, IL 60074

1875 N Green Lane N, Palatine, IL 60074

140 W Wood St, Palatine, IL 60067

Opportunities in Nearby Cities

8807 Dee Road, Des Plaines, IL 60016

512 Piper Lane, Prospect Heights, IL 60070

920 Beau Drive #110, Des Plaines, IL 60016

16 E Old Willow Road #202S, Prospect Heights, IL 60070

Potential Development Sites for Consideration

N West Bypass, Springfield, MO 65802

215 N Bear Creek Road, Asheville, NC 28806

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

71 Salters Road, Greenville, SC 29607

Off-Market Properties in Palatine, IL

450 Palatine Rd, Palatine, IL 60067-4980

153 Sherman St, Palatine, IL 60067-3559

821 Lilly Ln, Palatine, IL 60074-0903

409 Cambridge Dr, Palatine, IL 60067-2359

409 15th N Lk Shr, Palatine, IL 60067

425 Cambridge Dr, Palatine, IL 60067-2365

105 Snw Hwy, Palatine, IL 60074-6232

2239 Rand Rd, Palatine, IL 60074-2350

830 Capri Dr, Palatine, IL 60074-0908

43 Hale St, Palatine, IL 60067-5240

237 Plum Grv Rd, Palatine, IL 60067-5270

103 Plum Grv Rd, Palatine, IL 60067-6244

780 Dundee Rd, Palatine, IL 60074-0714

305 Palatine Rd, Palatine, IL 60067-4923

440 Cambridge Dr, Palatine, IL 60067-2364

240 Palatine Rd, Palatine, IL 60067-5123

125 Dundee Rd, Palatine, IL 60074-2644

488 94th N Lk Shr, Palatine, IL 60067

496 2nd N Lk Shr, Palatine, IL 60067

424 30th N Lk Shr, Palatine, IL 60067

49 Slade St, Palatine, IL 60067-0415

Palatine, IL Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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