Residential Income

Palatine, IL Residential Income Properties for Sale

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Barrington, IL Deer Park, IL Rolling Meadows, IL Barrington Hills, IL Arlington Hts, IL Schaumburg, IL Long Grove, IL Lake Barrington, IL
Land, Palatine, IL
Updated: Sep 24
Land, Palatine, IL

1485 W Dundee Road, Palatine, IL 60074

$325,000
0.22 AC lot
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Palatine Condo Deconversion Opportunity
Updated: Nov 21, 2025
Palatine Condo Deconversion Opportunity

140 W Wood St, Palatine, IL 60067

$20,000,000
112,000 sqft
Prime location in the heart of downtown Palatine, steps from the Metra train line, providing easy access to Chicago and local amenities.
Significant value‑add opportunities through strategic unit rehabilitation to achieve market rents (over $2.00 per foot).
Potential for reduced operating expenses by replacing the centralized boiler and chiller system with individual HVAC units.
Opportunity to develop a portion of the large, over‑parked lot while retaining necessary parking spaces.
Existing building amenities include a pool, gym, and storage lockers, with additional space available for upgrades.
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Corner Residential Income Property
Corner Residential Income Property

1 Renaissance Place #1022, Palatine, IL 60067

$172,000

High-floor residence with remodeled baths, abundant storage, and extensive shared amenities.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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.

Top Floor Lake View Condo
Top Floor Lake View Condo

200 Lake Boulevard #452, Buffalo Grove, IL 60089

$325,000
1,800 sqft

Spacious 3-bedroom condo with lake views and updated features.

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Upper-Level Residential Income Property
Upper-Level Residential Income Property

Buffalo Grove, IL 60089

$249,900

Single-level residence with vaulted ceilings, two private balconies, updated finishes, and an attached garage.

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Residential Income Condo with Balcony
Residential Income Condo with Balcony

1806 Hemlock Place #204, Schaumburg, IL 60173

$170,000

Second-floor residence with updated interiors, rental permission, convenient storage, and access to shared laundry facilities.

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Commercial Land with Office Improvements
Commercial Land with Office Improvements

846 E. Algonquin Road, Schaumburg, IL 60173

Contact for pricing

Existing office improvements and B-3 zoning support evaluation of redevelopment and continued commercial use.

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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.

Wooded Lot Near Forest Preserve
Wooded Lot Near Forest Preserve

1309 W Dundee Road, Palatine, IL 60074

$150,000
0.39 AC lot

Residential land for building a single-family home.

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Inverness Land with Lake View
Inverness Land with Lake View

1340 Macalpin Drive lot: 17, Inverness, IL 60010

$490,000
1.09 AC lot

Premium 1-acre lot with lake view in Braymore Hills.

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Residential Lot in Gated Community
Residential Lot in Gated Community

1419 Somerset Place, Barrington, IL 60010

$140,000
0.13 AC lot

Ready-to-build lot in a convenient Barrington location.

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Downtown Commercial Land Site
Downtown Commercial Land Site

206 N Cook Street, Barrington, IL 60010

$3,495,000
2.01 AC lot

Commercial land in downtown Barrington with COMMR zoning and natural gas availability.

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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.

450 Palatine Rd
GARDEN APT, COURT APT (5+ UNITS)

450 Palatine Rd, Palatine, IL 60067-4980

Estimated value:
$2,945,000
1.22 AC lot
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153 Sherman St
APARTMENT HOUSE (UNDER 5 UNITS)

153 Sherman St, Palatine, IL 60067-3559

Estimated value:
$665,000
2,549 sqft 0.31 AC lot
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821 Lilly Ln
APARTMENT HOUSE (UNDER 5 UNITS)

821 Lilly Ln, Palatine, IL 60074-0903

Estimated value:
$600,000
4,638 sqft 0.13 AC lot
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409 Cambridge Dr, Unit 15
APARTMENT HOUSE (UNDER 5 UNITS)

409 Cambridge Dr, Palatine, IL 60067-2359

Unit 15
Estimated value:
$600,000
4,533 sqft 0.11 AC lot
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409 15th N Lk Shr
APARTMENT HOUSE (UNDER 5 UNITS)

409 15th N Lk Shr, Palatine, IL 60067

Estimated value:
$575,000
4,230 sqft 0.11 AC lot
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425 Cambridge Dr
APARTMENT HOUSE (UNDER 5 UNITS)

425 Cambridge Dr, Palatine, IL 60067-2365

Estimated value:
$210,000
4,480 sqft 0.11 AC lot
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105 Snw Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

105 Snw Hwy, Palatine, IL 60074-6232

Estimated value:
$250,000
2,932 sqft 0.17 AC lot
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2239 Rand Rd, Unit 51
APARTMENT HOUSE (UNDER 5 UNITS)

2239 Rand Rd, Palatine, IL 60074-2350

Unit 51
Estimated value:
$1,725,000
4,956 sqft 0.49 AC lot
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830 Capri Dr
APARTMENT HOUSE (UNDER 5 UNITS)

830 Capri Dr, Palatine, IL 60074-0908

Estimated value:
$670,000
4,687 sqft 0.13 AC lot
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43 Hale St
APARTMENT HOUSE (UNDER 5 UNITS)

43 Hale St, Palatine, IL 60067-5240

Estimated value:
$445,000
2,295 sqft 0.20 AC lot
View details
237 Plum Grv Rd
APARTMENT HOUSE (UNDER 5 UNITS)

237 Plum Grv Rd, Palatine, IL 60067-5270

Estimated value:
$535,000
2,638 sqft 0.24 AC lot
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103 Plum Grv Rd
APARTMENT HOUSE (UNDER 5 UNITS)

103 Plum Grv Rd, Palatine, IL 60067-6244

Estimated value:
$285,000
1,868 sqft 0.24 AC lot
View details
780 Dundee Rd, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

780 Dundee Rd, Palatine, IL 60074-0714

Unit 1
Estimated value:
$320,000
1,826 sqft 1.44 AC lot
View details
305 Palatine Rd
APARTMENT HOUSE (UNDER 5 UNITS)

305 Palatine Rd, Palatine, IL 60067-4923

Estimated value:
$260,000
2,288 sqft 0.11 AC lot
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440 Cambridge Dr
APARTMENT HOUSE (UNDER 5 UNITS)

440 Cambridge Dr, Palatine, IL 60067-2364

Estimated value:
$745,000
4,328 sqft 0.11 AC lot
View details
240 Palatine Rd, Unit 2
APARTMENT HOUSE (UNDER 5 UNITS)

240 Palatine Rd, Palatine, IL 60067-5123

Unit 2
Estimated value:
$690,000
2,992 sqft 0.20 AC lot
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125 Dundee Rd
GARDEN APT, COURT APT (5+ UNITS)

125 Dundee Rd, Palatine, IL 60074-2644

Estimated value:
$36,125,000
9.31 AC lot
View details
488 94th N Lk Shr
APARTMENT HOUSE (UNDER 5 UNITS)

488 94th N Lk Shr, Palatine, IL 60067

Estimated value:
$2,555,000
4,533 sqft 0.11 AC lot
View details
496 2nd N Lk Shr
APARTMENT HOUSE (UNDER 5 UNITS)

496 2nd N Lk Shr, Palatine, IL 60067

Estimated value:
$2,555,000
4,533 sqft 0.11 AC lot
View details
424 30th N Lk Shr
APARTMENT HOUSE (UNDER 5 UNITS)

424 30th N Lk Shr, Palatine, IL 60067

Estimated value:
$2,555,000
4,533 sqft 0.11 AC lot
View details
49 Slade St
APARTMENT HOUSE (UNDER 5 UNITS)

49 Slade St, Palatine, IL 60067-0415

Estimated value:
$575,000
4,480 sqft 0.09 AC lot
View details

Palatine, IL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties 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 $20,497,000.

Sale prices for residential income properties in Palatine, IL start at $172,000, averaging $6,832,333, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

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
60067 $10.1M

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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