Multifamily Building with Balconies

1875 N Green Lane N, Palatine, IL 60074

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For Sale

$999,000

MULTI_FAMILY - Palatine, IL

Lot size:

0.06 Acres

HighLights

Net yearly income of $73,000 reported in listing remarks
Over 7% return on your money stated in listing remarks
Brick construction; year built 1985
Mix of 3 two‑bedroom units and 3 one‑bedroom units; all have balconies and are always rented
Association fee listed as other expense: $3,800 per year, covering landscaping, snow removal, scavenger, and parking lot maintenance
On‑site parking and surrounding greenery areas noted in listing remarks

We can help!

Listing Contact

Rony Khezeran

For Sale

$999,000

MULTI_FAMILY - Palatine, IL

Lot size:

0.06 Acres

Added:: Jun 17, 2026
Days on Market:: 2
Last Refresh:: Jun 18 at 5:06 am

Property Features for 1875 N Green Lane N

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: MULTI
Bedrooms: 9
Bathrooms: 6
Rooms: Bedroom 7, Bedroom 9, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 5, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 8, Bathroom 6
Standard status: Active
APN: 02013020420000
Lot size: 0.06 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 15194

Building Details

Year built: 1985
Floors in Building: 3
Number of units: 6
Building materials: Brick

We can help!

Listing Contact

Rony Khezeran

Listing agent Rony Khezeran License #471005867

Listing office American International Realty 6138 N. Lincoln Ave., Chicago, IL

Listing date Jun 17, 2026

MLS# 12680785 Listing URL

HighLights

Net yearly income of $73,000 reported in listing remarks
Over 7% return on your money stated in listing remarks
Brick construction; year built 1985
Mix of 3 two‑bedroom units and 3 one‑bedroom units; all have balconies and are always rented
Association fee listed as other expense: $3,800 per year, covering landscaping, snow removal, scavenger, and parking lot maintenance
On‑site parking and surrounding greenery areas noted in listing remarks

Overview

This multifamily building offers spacious 3-bedroom units configured as 3-2 and 3-1 bedrooms, with balconies included. The property is supported by an association fee listed as Other Expenses at $3,800 per year, covering landscaping, snow removal, scavenger service, and parking lot maintenance.

Located in Palatine, Illinois, the community includes plenty of parking and landscaped green areas around the property. The listing is under MULTI zoning.

For buyers or operators seeking a hands-on residential income asset, the unit mix and balcony features may appeal to tenants looking for additional outdoor space. The stated association services also provide operational support for exterior upkeep, including snow removal and maintenance of the parking area and common landscaping.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

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Local Demand

City: Palatine
County: Cook
State: Illinois
Longitude: -88.015498
Latitude: 42.144905

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For sale
Apartment buildings
IL
Palatine
60074
1875 N Green Lane N

What type of property is this?

Apartment building - Multifamily property in Palatine with spacious 3-bedroom layouts and balconies, plus parking and maintained common areas.

Where is this apartment building located?

The property is located at 1875 N Green Lane N Palatine, IL.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: Net yearly income of $73,000 reported in listing remarks; Over 7% return on your money stated in listing remarks; Brick construction; year built 1985

1875 N Green Lane N, Palatine, IL 60074

MULTI_FAMILY - Palatine, IL

Property Features for 1875 N Green Lane N

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Brick Office Building with Four Suites

Palatine Retail Space For Sale

Iconic Palatine Commercial Redevelopment Opportunity

Versatile Commercial Warehouse on Corner

New Gas Station Ground Lease

Free-Standing Building in Palatine

Storefront properties

Storefront Medical Center

Palatine Retail Building For Sale

Palatine Mixed-Use Multi-Tenant Building

Palatine Condo Deconversion Opportunity

Cosmetology School & Salon Business

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