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5 Properties Within 0.5 miles of: 224 E Rimini, Palatine

224 E Rimini
Palatine, IL 60067

  • Built In 1984
Price

$1,500,000

Est Payment
$9,315 / month (details)  
Taxes
$16,360  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
106x53  
Built
1984  
Neighborhood
Palatine  
MLS
#12516020
Status
Active (1 day)

Property Description

224 Rimini Court, Palatine, IL - 6-Unit Apartment Building *Outstanding investment opportunity in a prime Palatine location. This fully remodeled 6-unit property offers 6 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. Its twin 228 Rimini Ct is also available for sale and you can make it 12 unit investment. Call for more details.

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

11-11-2025 Listed at $1,500,000
Last Modified 11/11/25 6:29 PM

Nearby Transportation

  • Union Pacific Northwest 1.0 mi
  • Hwy 53 South 1.6 mi
  • Hwy 53 North 2.0 mi
  • I 90 West 4.6 mi
  • I 90 East 4.6 mi
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