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3 Properties Within 0.5 miles of: 224, 228 E Rimini, Palatine

224, 228 E Rimini
Palatine, IL 60067

  • Built In 1984
Price

$3,200,000

Est Payment
$19,690 / month (details)  
Taxes
$32,719  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
106x53  
Built
1984  
Neighborhood
Palatine  
MLS
#12506098
Status
Active (7 days)

Property Description

224 & 228 Rimini Court, Palatine, IL - 12-Unit Apartment Building *Outstanding investment opportunity in a prime Palatine location. This fully remodeled 12-unit property offers twelve spacious two-bedroom, one-bathroom condos, each equipped with individual central heating and air conditioning. *All units have been completely updated, featuring modern finishes, renovated kitchens and bathrooms,flooring and appliances replaced within the last few years. Each unit also includes a private balcony with views of a wooded area to the rear of the property. *Building improvements include a newer roof, windows, and sliding doors, secure intercom system, individual basement storage units, and much more... *The property backs to a quiet wooded area, providing privacy and outdoor space for residents. *Located near schools, shopping, transportation, and parks, this turn-key asset offers strong rental potential and consistent performance in a highly desirable suburban market.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air
  • Water Community Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

10-29-2025 Listed at $3,200,000
Last Modified 11/4/25 12:05 AM

Nearby Transportation

  • Union Pacific Northwest 1.0 mi
  • Hwy 53 South 1.6 mi
  • Hwy 53 North 2.0 mi
  • I 90 West 4.7 mi
  • I 90 East 4.7 mi
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