Remarkable six-unit building with impressive cash flow potential. Meticulously maintained, this property features four renovated bathrooms, a basement with a washer and dryer for additional income, and balconies/patios overlooking a picturesque pond. Each apartment offers gas-forced air with central air units and a New water heater.
Multi-familyProperty Type
1984Year Built
2,000 sq ftLot Size
6 spacesParking
Listed by Joseph Tadros• Charles Rutenberg Realty
Bought with Galya Georgieva• Coldwell Banker Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Cook County
APN
02141000831026
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
P
Planned Development District
The purposes of planned development districts are as follows: To promote flexibility in the planning, design, and construction of development projects and to permit diversification in land uses and the location of structures, in accordance with an approved planned development that also protects adjacent land uses; To promote the effective use of land to facilitate a more economic arrangement of buildings, circulation systems, land uses and utilities; To preserve to the greatest extent possible the open space, landscape features and amenities and to utilize such features in a harmonious fashion; To combine and coordinate architectural styles, building forms and building relationships within the planned development; To insure a quality of design and construction, commensurate with other developments within the Village and; To provide developers reasonable assurance of approval before expenditure of complete design monies, while providing Village officials with assurance that the project will retain the character envisioned at the time of approval.
Property details
Parking
Parking Information
# of Parking (Total): 6
Interior
Additional Rooms Information
Basement Description: Storage Space
Equipment
# Of Dishwashers: 6
# Of Ranges: 6
# Of Washers: 1
# Of Dryers: 1
Washer/Dryer Lsd (Y/N): Yes
Exterior
Building Information
# of Units: 6
Exterior Building Type: Brick
Built Before 1978 (Y/N): No
Roof Structure: Flat
Foundation Details: Concrete Perimeter
Construction Materials: Brick
Property Information
Property Type: Multi Family 5+
Ownership Type: Limited Partnership
Parcel Number: 02141000831026
Lot Information
Dimensions: 40X50
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $12,313
Tax Year: 2021
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 11
Total Monthly Income: $8,150
Gross Income: $97,800
Utilities
Utility Information
Electric: Circuit Breakers
Utilities: Water-Municipal
Heating & Cooling
Heat/Ventilation: Gas
Cooling: Central Air, Central Individual
# Of Window/Ac: 6
Location
Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 6
Monthly Income: $1,175
Monthly Income Max: $1,375
Homeowners Association Information
Owners Assoc (Y/N): Yes
Association Fee Includes: Parking, Insurance, Lawn Care, Snow Removal
Location Information
Directions: Hicks Road north of Northwest Highway to Rimini Court
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 02141000831026
Home facts updated by county records on Sep 15, 2026
Other
Expense Information
Water Sewer Expense: $3,600
Water Expense Source: Actual
Electric Expense: $384
Insurance Expense: $650
Listing Information
Possession: Closing
Around this home
Schools
Lincoln Elementary School
Public PreK-5 • Assigned • 0.5mi
6/10
Walter R Sundling Junior High School
Public 6-8 • Assigned • 0.8mi
5/10
Palatine High School
Public 9-12 • Assigned • 0.9mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Palatine, IL • 60067
Average low and high temperatures (°F)
29
15
37
22
54
34
62
43
69
49
81
63
85
68
81
64
78
58
65
49
50
37
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
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