Seller's Agent in 2020
Basel Tarabein
RE/MAX
(847) 828-2243
4 in this area
346 Total Sales
1544 Norway Ln Palatine, IL 60074
Virginia Lake Neighborhood
11
Beds
6
Baths
--
Sq Ft
2,614
Sq Ft Lot
About This Home
As of November 2020Well Maintained 6 flat in Palatine, near Dundee Rd and Route 53. The entire subdivision is absolutely gorgous and all the buildings are very well kept with beautiful pond, park and stunning landscaping. Our All brick 6 flats features Five "two bedroom" apartments and one "one bedroom" apartment. Laundry machines on 1st floor are owned (for extra income). The list of upgrades is absolutely ENDLESS. New roof 2018, tucked-pointed 2019. Tenants pay own electricity and heat. Owner pays water and electricity for laundry room and staircases. Association fee of $260/mo pays for exterior maintenance (except roof), garbage pick up, landscaping and snow removal. There are 16 parking permits per building and Visitor Stickers are available for $1 each. The building Fully rented (and very rarely has a vacancy). Mostly are long term tenants (since 2005, 2008, 2010...etc). The building has huge potential of increasing the income dramatically. Call Listing Broker today to schedule your showing appointment.
Last Agent to Sell the Property
RE/MAX At Home License #471008459 Listed on: 09/30/2020
Property Details
Home Type
- Multi-Family
Year Built
- 1981
Lot Details
- 2,614
Home Design
- Brick Exterior Construction
- Slab Foundation
Utilities
- Cooling System Mounted In Outer Wall Opening
Listing and Financial Details
- Tenant pays for electric, heat, hot water
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/23/2020 11/23/20 | Sold | $605,000 | -3.2% | -- |
| 10/06/2020 10/06/20 | Pending | -- | -- | -- |
| 10/06/2020 10/06/20 | For Sale | $624,900 | 0.0% | -- |
| 10/04/2020 10/04/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | For Sale | $624,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Basel Tarabein
-
Rutul Parekh
Buyer's Agent in 2020
Rutul Parekh
ARNI Realty Incorporated
(847) 293-9190
7 in this area
475 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10887636
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