8 beds
411 N Hicks Rd, Palatine, IL 60067
Est: $7,208/moGet pre-approved

Description

Incredible income potential opportunity! Easy to rent 1 bedroom apartments, @$1300/month each - 8 units, with common laundry, storage cages, and tons of parking. Conveniently located in an area of mixed commercial and residential buildings, fantastic access to shopping, downtown Palatine, and train station.Incredible income potential opportunity! Easy to rent 1 bedroom apartments, @$1300/month each - 8 units, with common laundry, storage cages, and tons of parking. Conveniently located in an area of mixed commercial and residential buildings, fantastic access to shopping, downtown Palatine, and train station.
LISTING UPDATED: 08/11/2026 02:38 PM

  1. Listed by Dina Wasmund • Berkshire Hathaway HomeServices Starck Real Estate
    P: (847)-525-8279 dwasmund@starckre.com

Property Details for 411 North Hicks Road

Status
MLS #
12728178
Days on Market
1
Taxes
$13,303 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family 5+ / Corridor-Exterior Entrance
Year Built
1960
Lot Size
0.38 AC / 16,350 SF
Area
Palatine
Township
Palatine
Air Conditioning Type
Wall Sleeve
Num of Interior Fireplaces
0

Location

Listing Courtesy of Berkshire Hathaway HomeServices Starck Real Estate
Add your commute

Building Information for 411 North Hicks Road

Stories3Residences8Year Built1960Building Size-Lot Size0.38 AC / 16,350 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$7,208 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,099

Property Taxes

$1,109

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 411 North Hicks Road

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces
Owner
  • Owner Pays: Snow Removal, Trash Collection, Water, Common Area Maintenance, Taxes
Location and General Information
  • Information: Leases Avaliable
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: None
  • Air Conditioning: Wall Sleeve
  • Electric: Service - 101 to 200 Amps
  • # Of Washers: 1
  • Heat/Ventilation: Electric
  • # Of Window/Ac: 8
  • # Of Refrigerators: 7
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside,Laundry Room,Workshop Area (Interior)
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 8.0
Exterior Features
  • Misc Outside: Enclosed Porch
Utilities / Equipment
  • Water: Community Water
  • Utilities: Sewer Connected
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 218 X 75
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Tar/Gravel
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 8
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 5
  • Habitable Residence: Yes
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $126,000.00
  • Insurance Expense: $4,230.00
  • Maintenance Expense: $3,801.00
  • Expense Year: 2025
  • Insurance Expense Source: Actual
  • Janitor Expense: 1250
  • Repairs-Decor Expense Source: Actual
  • Total Monthly Income: 10500
  • Water Expense Source: Actual
  • Net Operating Income: $90,951.00
  • Operating Expense: $35,049.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $5,708.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 2
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 2
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 411 North Hicks Road

DateEvent & SourcePriceAppreciation
Aug 11, 2026

Listed (Active)

MRED #12728178

$1,200,000
Aug 4, 2008

Cancelled

MRED #06667175

$795,000
Sep 10, 2007

Listed (Active)

MRED #06667175

$795,000
DateEvent & SourcePrice
08/11/2026

Listed (Active)

MRED #12728178

$1,200,000
08/04/2008

Cancelled

MRED #06667175

$795,000
09/10/2007

Listed (Active)

MRED #06667175

$795,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 411 North Hicks Road

Taxable ValueLand$16,350Additions$26,760Total$43,110
Tax Record2023$12,762 ($1,064 / month)
Home Facts
Lot Size16,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyCOOKAPN02-14-400-054

Schools near 411 North Hicks Road

This home is within Township Hsd 211 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Virginia Lake Elementary School
PublicPK to 5

Winston Campus Jr High School
Public6 to 8

Palatine High School
Public9 to 12

Winston Campus Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

New listings in 60067

$153,900 | 1 Renaissance Place, Unit 517, Palatine, IL 60067
1/21
New

$153,900

2
Bedrooms
Unavailable
Square Feet
$250,000 | 410 West Mahogany Court, Unit 205, Palatine, IL 60067
1/21
Listed By @propertiesNew

$250,000

1
Bedrooms
1,025
Square Feet
$499,900 | 2215 Palatine Road, Inverness, IL 60067
1/18
New

$499,900

3
Bedrooms
1,967
Square Feet
1.75
Acres
$342,900 | 1484 North Hicks Road, Palatine, IL 60067
1/25
New

$342,900

2
Bedrooms
864
Square Feet
0.65
Acres
$790,000 | 1228 North Jack Pine Court, Palatine, IL 60067
1/59

$790,000

4
Bedrooms
3,292
Square Feet
0.24
Acres
$210,000 | 552 West Palatine Road, Unit 552, Palatine, IL 60067

$210,000

2
Bedrooms
825
Square Feet
0.05
Acres
$669,000 | 1555 South Paul Le Comte Court, Unit 58, Palatine, IL 60067
1/37

$669,000

3
Bedrooms
1,993
Square Feet
$725,000 | 812 West Kelly Ann Drive, Palatine, IL 60067
1/34

$725,000

5
Bedrooms
2,265
Square Feet
0.23
Acres
$274,990 | 184 West Hamilton Drive, Palatine, IL 60067
1/28
Contingent

$274,990

2
Bedrooms
1,200
Square Feet
Unavailable
Acres

411 North Hicks Road is a multi-family home for sale in Palatine, IL 60067. This property was listed for sale on August 11, 2026 by Berkshire Hathaway HomeServices Starck Real Estate, it's currently listed at $1,200,000. This listing's school districts are Township Hsd 211 School District, Palatine Central Consolidated School District 15. Nearby schools include Virginia Lake Elementary School, Winston Campus Jr High School and Palatine High School. 411 North Hicks Road is a 8-bed, 8-bath, multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Starck Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/11/2026 02:38 PM. 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.