Wonderful Location 8 Unit Building in the Heart of Palatine. Across from Marianos and just blocks from Downtown Palatine - Metra Shopping and Dining. All easily rented One Bedroom Units. Building has been fairly well maintained built in wall AC units, Paved Large Parking Area and Extended Grass Area 2 parking spaces per unit. Laundry and Storage on First Floor. Fully rented with leases. Taxes are currently paid under protest. Based on uniformity and the taxes for buildings on either side of this property, taxes should be about $15,000 which will bring net income to $59,980 or the cap rate to 6.77 Great Oppportunity!
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For more information about 421 N Hicks, Palatine, IL 60067 contact Corcoran Urban Real Estate.
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