This Multifamily Property is Off-Market.

167-169 E. Palatine Road
Palatine, IL 60067 ·

36 Units · Multifamily For Sale

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Circle Park Apartments

Price N/A Property Use Type Vacant/Owner-User
No. Units 36 Cap Rate 6.60%
Building Size 34,560 SF Gross Rent Multiplier 8
Property Type Multifamily Year Built 1967
Property Sub-type Mid/High-Rise Lot Size 1.93 AC
Listing ID: 12754309 Date Created: 08/09/2001 Last Updated: 01/17/2004

Description

36 Unit apartment complex in the downtown Palatine area. The property presents many opportunities for "up-side" potential, such as; condo conversion and rent increases as an apartment complex. This property is literally walking distance to the train.

Palatine is an upscale northwest suburban area that has high demand for condo and townhouse developments.

Research

167-169 E. Palatine Road, Palatine, IL 60067 (Cook County)

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