140 W Wood St | Palatine, IL 60067
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140 W Wood St
Palatine, IL 60067
Park Towne · Multifamily Property For Sale
·
1320 Units
Investment Highlights
- Condo Deconversion
- Fantastic location in downtown Palatine, Steps from Metra line
- Building amenities include pool, gym and storage lockers - Additional space available to update amenities
- Multi-tiered add value opportunity
- Great rental unit mix comprised of studios, 1 and 2 bedroom units
Property Facts
| No. Units | 1320 | Building Size | 120,208 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1973/2005 |
| Building Class | C | Parking Ratio | 1.4/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | R-3 | ||
| No. Units | 1320 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 120,208 SF |
| Average Occupancy | 95% |
| No. Stories | 4 |
| Year Built/Renovated | 1973/2005 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Storage Space
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Deck
- Dining Room
- Freezer
- Porch
Site Amenities
- Business Center
- Fitness Center
- Laundry Facilities
- Pool
- Sauna
- Recycling
- Storage Space
- Bicycle Storage
- Conference Rooms
- Elevator
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 44 | $900.00 | 369 |
| 1+1 | 52 | $1,288 | 645 - 772 |
| 2+1 | 24 | $1,450 | 910 |
| 2+2 | 12 | $1,600 | 1,094 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,767,256 | |
| Land Assessment | $103,736 | Total Assessment | $1,870,992 |
Property Taxes
Parcel Numbers
Land Assessment
$103,736
Improvements Assessment
$1,767,256
Total Assessment
$1,870,992
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