1108 W Northwest Highway # 1100-1128 Palatine, IL ^$ 1,200,000

1108 W Northwest Highway # 1100-1128

^$ 1,200,000

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1108 W Northwest Highway # 1100-1128

Palatine, IL, 60067

^$ 1,200,000

Studio Baths0.0 Sq 9,753

Monthly Estimate*

^$ 7,976

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View a Virtual Tour

Studio

Commercial Property for sale in Palatine, IL

for $1,200,000. This 9,753 square foot building was built in 1992 on a lot size of 0.780005.

Cove Plaza offers the savvy user/investor a unique opportunity to obtain a long time Animal Hospital anchored investment property on .78 acre of land in the northwest suburban community. Total of 9753 SF Standalone Strip Center with strong tenants. Current tenants include Palatine Family Pet Care, Be Happy Club, Anthony Jones Salon. One vacancy for your business or an upside opportunity to improve the center for higher cash flow. Contact Sunny, the listing agent for financials and additional info. Please check out the floor plans, photos and 3D Tours. Great opportunity to be the landlord for a well maintained and beautiful solid brick building.

Commercial Active

Price

^$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 104,586

Style

Commercial

Lot Size

0.780005

Year Built

1992

Town/City

Palatine

County/Region

Cook

MLS | Web ID

12035480

Features

General

Cooling Central Air Zoned

Possession Closing

Roof Rubber

Zoning COMMR

Construction Materials Brick Concrete Steel Siding

Year Built 1992

Electric Circuit Breakers Fuses Separate Meters Service - 101 to 200 Amps Three Phase

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Repairs Scavenger Varies by Tenant

Stories 1

Township Palatine

Unit Number 1100-1128

Property SubType Free Standing Store Neighborhood Storefront Strip Center

Tax Year 2022

Current Use Commercial

Gross Income 157200

County Cook

Net Operating Income 71810

Operating Expense 125350

Property Type Commercial Sale Retail/Stores

Status Active

Directions 14 Northwest Hwy. WEST OF Quentin Rd.

City Palatine

NumberOfUnitsTotal 4

MLS Area Palatine

Lot Size Square Feet 33977

Street Name Northwest

Tax Annual Amount 104586

Electric Expense 816

Water Sewer Expense 1067

Additional Parcels Y/N N

Leasable Area 9753

Virtual Tour https://my.matterport.com/show/?m=giTfYMP2G9L

Days on Market 8

Lease Type N/A

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 9753

Lot Dimensions .78AC

Frontage Type City Street Public Road Paved

Exterior Brick

Interior

Street Suffix Highway

* Excluded Features

List By

Baird & Warner

Broker

sunny.ju@bairdwarner.com

Affordability Calculator

$16,691

Per Month

Monthly Principal & Interest: $7,976
Monthly Property Taxes: $8,716
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Palatine, IL

Average List Price ^$806,464

Percent of Sale Price 33%

About Palatine, IL

67,137 Population

2% Since 2002

^$76,021 Median Income

39.39 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2024	$1,200,000		Listed Price

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1108 W Northwest Highway # 1100-1128, Palatine, IL, 60067 is a Commercial Property for sale at $1,200,000 with 9,753 sqft and a lot size of 0.780005. 1108 W Northwest Highway # 1100-1128 is a studio with 0.0 baths and was built in 1992. The property's zip code is 60067 which is in Palatine, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/10/2024.

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1108 W Northwest Highway # 1100-1128

Commercial Property for sale in Palatine, IL

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