215 Smith Street, Palatine, Illinois 60067
$250,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 900 |
| Cost/Sqft: | $288 |
| Beds: | 2 |
| Baths: | 1 |
| Year Built: | 1953 |
| Property Taxes: | $6,601 |
| Days On Market: | 1611 |
| Lot Size: | 0,32 |
Description
Score instant cash flow with this awesome investment opportunity that's now available! Wonderful tenants are in place with a lease that expires in January 2023 with an auto-renew option that if exercised, extends the lease to January 2024. Updated kitchen with granite countertops and stainless steel appliances. Fresh paint throughout and beautiful hardwood floors in the living room and bedrooms. This home is light and bright thanks to new windows and overhead can lighting in the living room. Big laundry room with a washer and dryer and cabinets for storage. One and a half car garage. Low maintenance siding, soffits, and fascia, on the exterior. Set on a third of an acre parcel of land, due to its stellar location, has a ton of potential for expansion and could one day be attractive to a builder. Excellent location, tucked away on a quiet street (check the map, it's not located on 'busy' Smith Street). Walking distance to the train and restaurants in downtown Palatine, and feeds into popular Fremd. Two PINs, taxes are $6600 and do not reflect a homeowner exemption. Beat inflation by getting your money out of the bank and invest it in real estate! Tenants pay $1900 a month and are responsible for utilities, lawn care, and snow removal.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1953 | |
| — | |
| RANCH | |
| No | |
| 0.32 |
| Cook | |
| — | |
| 0 / Not Applicable | |
| — | |
| — | |
| — | |
| 11381258 | |
| 02222160060000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Stuart R Paddock School |
15 | — | |
|
Middle School
Plum Grove Junior High School |
15 | Not in DB | |
|
High School
Wm Fremd High School |
211 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 8 Jul, 2022 | Sold | $250,000 | MRED MLS |
| 2 May, 2022 | Under contract | $259,000 | MRED MLS |
| 1 May, 2022 | Listed for sale | $259,000 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Crawl
Other Specifics
| 1.5 | |
| — | |
| Asphalt | |
| — | |
| — | |
| 13770 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $6,601 |
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Listing Provided By
Keller Williams Success Realty
