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    Palatine, IL Residential Income Properties for Sale

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    Barrington, IL Deer Park, IL Rolling Meadows, IL
    Multifamily Apartment Building with Balconies
    $999,000
    0.06 Acres
    Multifamily Apartment Building with Balconies

    1875 N Green Lane N, Palatine, IL 60074

    Spacious 2- and 1-bath units with balconies, with association-managed site services and plenty of parking.
    • Brick multi‑unit property built in 1985
    • 6 total units: three 2‑bedroom and three 1‑bedroom units
    • All units with balconies are reported as always rented
    • Reported yearly income of $73,000
    • HOA/association expense listed as $375 per month for landscaping, snow removal, scavenger, and parking lot maintenance
    Updated: Jun 17
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    Garden-Style Multifamily Building with Balconies
    $999,000
    Garden-Style Multifamily Building with Balconies

    1875 N Green Lane N, Palatine, IL 60074

    Spacious 3- and 4-bedroom-style units with balconies, supported by on-site parking and shared exterior maintenance expenses.
    • Year built: 1985
    • Yearly income reported as $73,000
    • On‑site parking plus shared exterior maintenance covered by HOA/other expenses of $3,800 per year
    • All units are rented, including spacious 3‑bedroom and 4‑bedroom‑style layouts with balconies
    • Includes 3‑2 bedroom and 3‑1 bedroom units, all with balconies
    Updated: Jun 17
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    Palatine Condo Deconversion Opportunity
    $20,000,000
    112,000 SF
    Palatine Condo Deconversion Opportunity

    132-unit condo deconversion opportunity in downtown Palatine, Illinois.

    140 W Wood St, Palatine, IL 60067

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    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.

    Commercially Zoned Land with Income
    $999,000
    1.85 Acres
    Commercially Zoned Land with Income

    1.85 acres with residence, warehouse, and income-producing cell tower.

    3613 N Old Buffalo Grove Road, Arlington Heights, IL 60004

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    Mixed-Use Building with Office Units
    $999,000
    0.73 Acres
    Mixed-Use Building with Office Units

    Mixed-use building with nine office units and an approved second-floor residential conversion plan.

    215 S Northwest Highway, Barrington, IL 60010

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    Mixed-Use Building in Downtown Barrington
    $799,000
    2,000 SF
    Mixed-Use Building in Downtown Barrington

    Updated commercial space with residential apartments in downtown Barrington.

    320 E Main Street, Barrington, IL 60010

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    Arlington Heights Condo with Amenities
    $192,000
    Arlington Heights Condo with Amenities

    Well-maintained 2 bed, 2 bath condo with modern amenities.

    2622 N Windsor Drive #101, Arlington Heights, IL 60004

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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
    $150,000
    0.39 Acres
    Wooded Lot Near Forest Preserve

    Residential land for building a single-family home.

    1309 W Dundee Road, Palatine, IL 60074

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    Palatine Land Near Train Station
    $465,000
    1.00 Acre
    Palatine Land Near Train Station

    Two buildable lots near train, expressways, airport, and shopping.

    628 S WILKE Road, Palatine, IL 60074

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    Land Ready for Subdivision
    $799,900
    3.00 Acres
    Land Ready for Subdivision

    3-acre property in Lake Zurich, ideal for single-family home development.

    21763 N Deerpath Road, Lake Zurich, IL 60047

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    Residential Lot in Arlington Heights
    $450,000
    0.49 Acres
    Residential Lot in Arlington Heights

    Buildable lot near Metra, shopping, dining, and library.

    717 S Arlington Heights Road, Arlington Heights, IL 60005

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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)
    Lot: 1.22 Acres
    Estimated value
    $2,945,000

    450 Palatine Rd, Palatine, IL 60067-4980

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    153 Sherman St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,549 SF Lot: 0.31 Acres
    Estimated value
    $665,000

    153 Sherman St, Palatine, IL 60067-3559

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    821 Lilly Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,638 SF Lot: 0.13 Acres
    Estimated value
    $600,000

    821 Lilly Ln, Palatine, IL 60074-0903

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    409 Cambridge Dr, Unit 15
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,533 SF Lot: 0.11 Acres
    Estimated value
    $600,000
    Unit 15

    409 Cambridge Dr, Palatine, IL 60067-2359

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    409 15th N Lk Shr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,230 SF Lot: 0.11 Acres
    Estimated value
    $575,000

    409 15th N Lk Shr, Palatine, IL 60067

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    425 Cambridge Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,480 SF Lot: 0.11 Acres
    Value Estimation by Request

    425 Cambridge Dr, Palatine, IL 60067-2365

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    105 Snw Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,932 SF Lot: 0.17 Acres
    Value Estimation by Request

    105 Snw Hwy, Palatine, IL 60074-6232

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    2239 Rand Rd, Unit 51
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,956 SF Lot: 0.49 Acres
    Estimated value
    $1,630,000
    Unit 51

    2239 Rand Rd, Palatine, IL 60074-2350

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    830 Capri Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,687 SF Lot: 0.13 Acres
    Estimated value
    $655,000

    830 Capri Dr, Palatine, IL 60074-0908

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    43 Hale St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,295 SF Lot: 0.20 Acres
    Value Estimation by Request

    43 Hale St, Palatine, IL 60067-5240

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    237 Plum Grv Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,638 SF Lot: 0.24 Acres
    Estimated value
    $505,000

    237 Plum Grv Rd, Palatine, IL 60067-5270

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    103 Plum Grv Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,868 SF Lot: 0.24 Acres
    Value Estimation by Request

    103 Plum Grv Rd, Palatine, IL 60067-6244

    View details
    780 Dundee Rd, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,826 SF Lot: 1.44 Acres
    Value Estimation by Request
    Unit 1

    780 Dundee Rd, Palatine, IL 60074-0714

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    305 Palatine Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,288 SF Lot: 0.11 Acres
    Value Estimation by Request

    305 Palatine Rd, Palatine, IL 60067-4923

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    440 Cambridge Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,328 SF Lot: 0.11 Acres
    Estimated value
    $745,000

    440 Cambridge Dr, Palatine, IL 60067-2364

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    240 Palatine Rd, Unit 2
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,992 SF Lot: 0.20 Acres
    Estimated value
    $605,000
    Unit 2

    240 Palatine Rd, Palatine, IL 60067-5123

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    125 Dundee Rd
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 9.31 Acres
    Estimated value
    $36,125,000

    125 Dundee Rd, Palatine, IL 60074-2644

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    488 94th N Lk Shr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,533 SF Lot: 0.11 Acres
    Estimated value
    $2,390,000

    488 94th N Lk Shr, Palatine, IL 60067

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    496 2nd N Lk Shr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,533 SF Lot: 0.11 Acres
    Estimated value
    $2,400,000

    496 2nd N Lk Shr, Palatine, IL 60067

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    424 30th N Lk Shr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,533 SF Lot: 0.11 Acres
    Estimated value
    $2,390,000

    424 30th N Lk Shr, Palatine, IL 60067

    View details
    49 Slade St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,480 SF Lot: 0.09 Acres
    Estimated value
    $575,000

    49 Slade St, Palatine, IL 60067-0415

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    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 $20,000,000.

    Sale prices for residential income properties in Palatine, IL start at $20,000,000, averaging $20,000,000, 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 3
    Multifamily properties 3

    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 $20M

    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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