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18 Properties Within 0.5 miles of: 842 W Northwest, Palatine

842 W Northwest
Palatine, IL 60067

  • 3 Beds
  • 2 Baths
  • 2,157 Sq. Ft.
  • Built In 1942
Price

$425,000

Est Payment
$2,794 / month (details)  
Taxes
$7,793  
Beds
3  
Baths
2  
Rooms
7  
Type
Detached  
Sq. Ft.
2,157  
Lot Size
91.2x171.7x90.9x171.6  
Built
1942  
Neighborhood
Palatine  
MLS
#12663833
Status
Active

Property Description

842 W Northwest Highway presents a rare opportunity to own one of Palatine's most versatile and strategically located properties. Situated just minutes from vibrant downtown Palatine and only a short 2.5 miles to the Metra station, this property offers the perfect blend of accessibility, visibility, and future potential. Originally built as a duplex, the property has evolved over the years and most recently operated as a successful dog daycare and grooming facility, serving as a destination for pet owners throughout the area. Today, the property is zoned R-1 Single Family Residential, opening the door to a wide range of possibilities for investors, developers, business owners, and visionaries alike. Imagine restoring the property to its original duplex configuration, creating a unique owner-occupied residence with rental income potential. Explore the possibility of obtaining village approval for a new commercial use, capitalizing on the exceptional Northwest Highway location. Or unlock the site's redevelopment potential with a fresh vision that could include new residential construction, townhomes, or another creative project that complements the continued growth of downtown Palatine. Opportunities like this are becoming increasingly rare. Large parcels with a proven history of commercial use, flexible future possibilities, and walkable access to transportation, dining, entertainment, and shopping are highly sought after. Whether you're looking for your next investment, redevelopment project, business location, or long-term hold, 842 W Northwest Highway offers the chance to create something truly special.Bring your imagination, conduct your due diligence, and discover why this property may be one of the most exciting opportunities currently available in Palatine.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
13X25
Dining Room
Main
12X11
Kitchen
Main
13X13
Family Room
Second
19X13
Laundry
Basement
10X10
Master Bedroom
Second
11X10
Bedroom 2
Main
10X11
Bedroom 3
Second
10X12
Bedroom 4
N/A

Utilities

  • Heating Steam
  • Cooling Wall Unit(s)
  • Water Public
  • Sewer Public Sewer

Additional Information

Interior Features
Built-in Features
Exterior Features
Dog Run
Parking
3 Parking Spaces, Concrete, Heated Garage, Yes, Garage Owned, Detached, Driveway, Owned, Garage, Parking included in price
Schools
Palatine High School (211), Walter R Sundling Middle School (15), Gray M Sanborn Elementary School (15)

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

Nearby Transportation

  • Union Pacific Northwest 1.2 mi
  • Hwy 53 South 2.8 mi
  • Hwy 53 North 3.0 mi
  • I 90 West 4.2 mi
  • I 90 East 4.2 mi
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