Property profile

226 Palatine Rd Palatine, IL 60067

OFF-MARKET
Residential income homes
Property ID
US28-5756580
2,530 SF 0.2 ac lot Built 1965
Individually Owned 6-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,530 SF
Lot 0.2 ac (8,712 SF)
APN 02-15-427-024
UPID US28-5756580

Cap rate & NOI

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

Location

226 Palatine Rd Palatine, IL 60067-5159
Palatine metro Census 803702 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2020
Last sale
$340,000
3 recorded transactions
2020
$340,000
2017
Price N/A
2005
$433,000

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
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