Property profile

224 Hicks Pl Palatine, IL 60067

OFF-MARKET
Residential income homes
Property ID
US28-0103464
6,702 SF 0.21 ac lot Built 1961
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,702 SF
Lot 0.21 ac (9,315 SF)
APN 02-14-319-001
UPID US28-0103464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

224 Hicks Pl Palatine, IL 60067-5305
Palatine metro Census 803800 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$968k
Blend (final) Blend
$810k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2017
$455,000
2016
$330,000
2012
$165,000
2012
Price N/A
2003
$480,000
1999
$385,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 224 Hicks Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message