Seller's Agent in 2025
Anastasia Novytska
Core Realty & Investments Inc.
(224) 600-9613
2 in this area
49 Total Sales
1535 N Winslowe Dr Palatine, IL 60074
Virginia Lake Neighborhood
--
Bed
--
Bath
--
Sq Ft
1977
Built
About This Home
As of July 2025Turnkey 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 and additional income stream. With upgraded amenities and a solid rental track record, this property is a true turnkey investment with room for rent growth or further value-add strategies. Don't miss this rare chance to own a reliable, cash-flowing multifamily in one of the northwest suburbs' most sought-after communities
Last Agent to Sell the Property
Core Realty & Investments Inc. License #475194118 Listed on: 05/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,651
Year Built
- Built in 1977
Lot Details
- Lot Dimensions are 50x50
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Fire Suppression System
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Heating System Uses Gas
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $895
- Fuel Expense $3,903
- Insurance Expense $5,232
- Other Expense $6,000
- Water Sewer Expense $1,565
- Operating Expense $37,446
- Gross Income $113,400
- Net Operating Income $75,954
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $1,025,000 | +7.9% | -- |
| 06/03/2025 06/03/25 | Pending | -- | -- | -- |
| 05/25/2025 05/25/25 | For Sale | $950,000 | +98.7% | -- |
| 07/08/2016 07/08/16 | Sold | $478,000 | -2.4% | -- |
| 05/12/2016 05/12/16 | Pending | -- | -- | -- |
| 02/11/2016 02/11/16 | For Sale | $489,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Anastasia Novytska
-
Mine Beevis
Buyer's Agent in 2025
Mine Beevis
john greene Realtor
(331) 980-2642
1 in this area
72 Total Sales
-
Anthony Giannini
A
Seller's Agent in 2016
Anthony Giannini
Agent Realty Partners
(708) 955-0491
7 Total Sales
-
Greg Koza
Buyer's Agent in 2016
Greg Koza
HomeSmart Connect LLC
(773) 510-0294
1 in this area
52 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12374909
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