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Off market
  • $711,100

    552 E Northwest Hwy, Palatine, IL 60074

    5beds
    3baths
    6,694sqft
    MultiFamily
    Built in 1956
    -- sqft lot
    $711,100 Zestimate®
    $106/sqft
    $2,459 Estimated rent

    Home value

    $711,100

    $626,000 - $804,000

    $2,459/mo

    Zestimate® history
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    $5,055/mo

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    What's special

    Nice conditioned large multi-use building with 4500 sqft of commercial multi-use space on first floor and two large updated apartments above. Apartments currently rented with year leases, where commercial space is vacant. Parking for 10-12 cars in front and back of building, great traffic count fronts this property for commercial exposure as well as Metra train exposure. Just over a mile West of Arlington Race Track.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3.5
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 6,694 sqft

    Property

    Parking
    • Total spaces: 11
    Features
    • Exterior features: Brick
    Lot
    • Size: 7,405 Square Feet
    Details
    • Parcel number: 0223214010

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1956

    Community & HOA

    Location
    • Region: Palatine

    Financial & listing details

    • Price per square foot: $106/sqft
    • Tax assessed value: $510,320
    • Annual tax amount: $15,907

    Price history

    DateEventPrice
    2/1/2018Sold$350,000-14.4%$52/sqft
    Source: Public Record Report a problem
    6/26/2015Listing removed$409,000$61/sqft
    Source: Falcon Living LLC #08757243 Report a problem
    2/28/2015Price change$409,000-4.7%$61/sqft
    Source: Falcon Living, LLC #08757243 Report a problem
    10/21/2014Listed for sale$429,000-31.4%$64/sqft
    Source: Falcon Living, LLC #08757243 Report a problem
    3/29/2007Sold$625,000+115.5%$93/sqft
    Source: Public Record Report a problem
    6/8/2001Sold$290,000-1.7%$43/sqft
    Source: Public Record Report a problem
    3/19/1997Sold$295,000$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$15,907 -0.5%$51,032 -5.5%
    2023$15,987 +3.4%$54,000
    2022$15,466 -11.6%$54,000 +0.2%
    2021$17,494 +1.5%$53,866
    2020$17,233 -2.9%$53,866 -13%
    2019$17,757 -7.8%$61,915 -0.1%
    2018$19,252 +186%$61,949 +180.6%
    2017$6,731 +7.5%$22,076
    2016$6,259 -27.6%$22,076 -21.6%
    2015$8,648 -15.2%$28,145 -16.2%
    2014$10,198 -10.6%$33,600 -12.9%
    2013$11,412 +65.2%$38,584 +49.7%
    2012$6,909 -32.4%$25,768 -35.3%
    2011$10,213 -47.1%$39,841 -47.8%
    2010$19,304 +34.1%$76,308 +22.1%
    2009$14,399 -15.6%$62,500 -23.9%
    2008$17,055 +2%$82,102
    2007$16,713 +19.1%$82,102 +28.1%
    2006$14,034 -1.1%$64,070
    2005$14,190 +3.7%$64,070
    2004$13,679 -6.5%$64,070 -3.1%
    2003$14,629 $66,131
    Find assessor info on the county website

    Neighborhood: 60074

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gray M Sanborn Elementary School
    • Middle: WALTER R SUNDLING JUNIOR HIGH SC
    • High: Palatine High School
    • District: 211

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $711,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $711,100