This Land Property is no longer advertised on LoopNet.com.

1540 W Northwest Hwy
Palatine, IL 60067
Land For Sale · 1.00 AC

Investment Highlights

  • High Visibility
  • Distressed sale
  • Improved land
  • Below Market Pricing

Property Facts

Property Type Land
Property Subtype Commercial
Total Lot Size 1.00 AC
Zoning B2 Commercial

Description

Priced well below market value due to property taxes in arrears. Tax buyer is involved and will provide a tax deed that is free and clear. . Excellent opportunity to acquire this land well below market value. Assessor value is at $576k. B2 zoning-General Business. End buyer should consider a tax appeal to reduce future taxes.

Property Taxes

Property Taxes

Parcel Number
02-08-201-010-0000
Land Assessment
$564,016
Improvements Assessment
$91,760
Total Assessment
$655,776
  • Listing ID: 24302879

  • Date on Market: 10/15/2021

  • Last Updated:

  • Address: 1540 W Northwest Hwy, Palatine, IL 60067

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