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Updated Duplex with Basement
For Sale
Contact for pricing
Pending

111 E Palatine Rd, Palatine, IL 60067

Two residential units are complemented by an unfinished basement containing a bathroom and storage area.

Property SizeContact for details
Days on Market142

Property Features for 111 E Palatine Rd

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 2
Listing Agency: Coldwell Banker Commercial Realty
Listed By: Anthony Catanese · License #TX
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Apr 12 at 2:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Realty

Investment Insights

Based on property information with market context.

This duplex includes two residential units with distinct layouts: the upper-level apartment has two bedrooms and one bathroom, while the main-floor residence offers three bedrooms and one bathroom. An unfinished basement adds a bathroom and storage space to the property’s existing configuration.

Recent improvements include a new roof, plumbing, HVAC, and electrical systems. The parking lot has also been resurfaced, providing an updated surface for on-site parking. The property is located at 111 E Palatine Rd in Palatine, Illinois, within walking distance of essential amenities.

Key Highlights

  • Two‑unit duplex with a 2 bed / 1 bath upper‑level apartment and a 3 bed / 1 bath main‑level residence
  • Unfinished basement includes a bathroom and storage space
  • Brand‑new roof installed

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Travel Agency Daycare Center Grocery & Convenience Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,138
Businesses Nearby

Demographics for 60067, IL

39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units are complemented by an unfinished basement containing a bathroom and storage area.
Where is this duplex located?
The property is located at 111 E Palatine Rd Palatine, IL.
What are key features of this property?
This property features: Two‑unit duplex with a 2 bed / 1 bath upper‑level apartment and a 3 bed / 1 bath main‑level residence; Unfinished basement includes a bathroom and storage space; Brand‑new roof installed
More about this property
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