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Palatine, IL Multifamily Homes & Duplexes for Sale

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  • 1535 N Winslowe Dr, Palatine, IL 60074
    1535 N Winslowe Dr, Palatine, IL 60074
    1535 N Winslowe Dr, Palatine, IL 60074
    /21

    $950,000

    1535 N Winslowe Dr, Palatine, IL 60074

    Turnkey 6-Unit Multifamily Investment in Prime Palatine - Strong Cash Flow & Recent Renovations! The building features five spacious 2-bedroom units and one 1-bedroom unit. Five of the six units have been recently remodeled, showcasing updated kitchens, bathrooms, flooring, and modern finishes that enhance rental appeal and minimize maintenance. On-site own laundry for tenant convenience

    Anastasia Novytska Core Realty & Investments Inc.

    1535 N Winslowe Dr, Palatine, IL 60074
  • 111 E Palatine Rd, Palatine, IL 60067
    111 E Palatine Rd, Palatine, IL 60067
    111 E Palatine Rd, Palatine, IL 60067
    /44

    $515,000

    • 5 Beds
    • 3 Baths

    111 E Palatine Rd, Palatine, IL 60067

    Prime Multi-Family/Residential Rental Property in Palatine, IL Welcome to 111 E Palatine Rd, an exceptional commercial property offering unparalleled opportunities for businesses in Palatine, IL. Boasting a range of recent upgrades and a strategic location within walking distance to essential amenities, this property is ready to accommodate a variety of ventures seeking a prime location and

    Rocco Zaccaro Coldwell Banker Realty

    111 E Palatine Rd, Palatine, IL 60067
Illinois Palatine

Multi-Family Homes & Duplexes for Sale in Palatine, IL

Why Live in Palatine

Founded in 1866, The village of Palatine was once a small town built around the Chicago and North Western Railway. The village continued to grow in the following decades, welcoming new residents during Chicago’s suburban sprawl in the 1970s and later filling out its remaining space on the map with subdivisions and modern-day amenities.

Today, the suburban city is home to just under 65,000 residents, supporting major industries like education, transportation and warehousing alongside the Weber-Stephen Products corporate office. People moving t ...

Learn more about living in Palatine

Home Trends in Palatine, IL

On average, homes in Palatine, IL sell after 19 days on the market compared to the national average of 49 days. The median sale price for homes in Palatine, IL over the last 12 months is $348,000, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$348,000
Median Single Family Sale Price
$485,000
Median Townhouse Sale Price
$340,500
Median 2 Bedroom Sale Price
$223,000
Median 1 Bedroom Sale Price
$161,000
Average Price Per Sq Ft
$232
Number of Homes for Sale
116
Last 12 months Home Sales
927
Months of Supply
1.50
Median List Price
$350,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
How to Buy a Home How to Finance a Home How to Sell a Home

In Palatine, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $515,000 to $950,000, there's a range to accomodate every budget. As of May, 2025 the median home price in Palatine is $350,000, while the average sale price is $376,429, offering insights into the local housing market. On average, multi-family homes spend 19 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Palatine, IL.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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