Joseph Woodbury
Baird & Warner
(630) 534-2636
91 Total Sales
1 in Downtown Palatine
$631,000 Price
5 W Wood St Palatine, IL 60067
Downtown Palatine Neighborhood
6
Beds
10
Baths
--
Sq Ft
1955
Built
Highlights
- Corner Lot
- Palatine High School Rated A
- Forced Air Heating System
About This Home
As of November 2021This building is an attractive well crafted all brick structure in an excellent condition. Located in the heart of Paletine business district, still on a quiet street. Great oppotuniity to invest in a money making building. The building reflects pride of ownership by long- time dedicated owner. 6 1br and 4 Studios. Tennant pays electric. Rents could be raised at expirationof leases and still be competitive. It's long term tenants give great stability. the units are attractive with ample size rooms with hardwood floors. Receant improvements: New concrete sidewalks,Painted back porch stairs.
Last Agent to Sell the Property
Century 21 Circle License #475126988 Listed on: 06/01/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,823
Year Built
- Built in 1955
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 10 Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Separate Meters
Additional Features
- 3-Story Property
- Corner Lot
- Unfinished Basement
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 10 Units
Building Details
- Electric Expense $430
- Fuel Expense $1,961
- Insurance Expense $3,320
- Maintenance Expense $4,211
- Other Expense $1,144
- Trash Expense $1,820
- Water Sewer Expense $1,915
- Operating Expense $36,240
- Gross Income $99,075
- Net Operating Income $62,835
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Palatine, IL
-
Joseph Woodbury
-
Kimberly Zahand
Kimberly Zahand
Keller Williams North Shore West
(708) 859-7009
390 Total Sales
1 in Downtown Palatine
$415,000 Price
-
Rohit Parti
Rohit Parti
Real Estate Shoppers Stop LLC
(253) 733-2130
36 Total Sales
1 in Downtown Palatine
$199,000 Price
-
Lisa Wolf
Lisa Wolf
Keller Williams North Shore West
(224) 332-2538
1,076 Total Sales
1 in Downtown Palatine
$415,000 Price
-
Kristine Galazka
Kristine Galazka
Compass
(630) 426-7922
34 Total Sales
2 in Downtown Palatine
$295K - $350K Price Range
-
Ana Sandoval-Cremieux
Ana Sandoval-Cremieux
Compass
(844) 983-3106
124 Total Sales
1 in Downtown Palatine
$235,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,100,000 | Fidelity National Title | ||
| Panettone Carlo | $410,000 | Ticor Title Insurance |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $780,000 | ||
| Previous Owner | Panettone Carlo | $330,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2021 11/18/21 | Sold | $1,100,000 | -7.2% | -- |
| 08/09/2021 08/09/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | For Sale | -- | -- | -- |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- |
| 06/01/2021 06/01/21 | For Sale | $1,185,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,790 | $101,100 | $11,326 | $89,774 |
| 2024 | $22,790 | $76,980 | $8,712 | $68,268 |
| 2023 | $17,806 | $76,980 | $8,712 | $68,268 |
| 2022 | $17,806 | $62,173 | $8,712 | $53,461 |
| 2021 | $19,051 | $58,660 | $8,712 | $49,948 |
| 2020 | $18,767 | $58,660 | $8,712 | $49,948 |
| 2019 | $16,823 | $58,660 | $8,712 | $49,948 |
| 2018 | $13,742 | $44,219 | $5,227 | $38,992 |
| 2017 | $13,482 | $44,219 | $5,227 | $38,992 |
| 2016 | $12,538 | $44,219 | $5,227 | $38,992 |
| 2015 | $13,949 | $45,400 | $5,009 | $40,391 |
| 2014 | $13,780 | $45,400 | $5,009 | $40,391 |
| 2013 | $13,427 | $45,400 | $5,009 | $40,391 |
Source: Public Records
Agents Affiliated with this Home
-
Julia Pitzele
Seller's Agent in 2021
Julia Pitzele
Century 21 Circle
(847) 677-1200
1 in this area
5 Total Sales
-
Jon Crocilla
Buyer's Agent in 2021
Jon Crocilla
HomeSmart Connect LLC
(847) 452-9123
1 in this area
20 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11106344
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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