Sold
Last Sold Price
435 N Hicks Rd, Palatine, IL 60067
Multi FamilyProperty Type
0.25 acresLot Size
1961Year Built
8 carsParking Spaces

Description

Wonderful Location 5 Unit Building in the Heart of Palatine. Across from Marianos and just blocks from Downtown Palatine/Metra/Shopping/Dining. Five One Bedroom Units. Building has Newer Windows, Window AC, Roof, Paved Large Parking Area and Extended Grass Area. Laundry and Storage on First Floor. 4 out of 5 Units are Currently Rented with No Leases. Please call Nora for details. Great Oppportunity!Wonderful Location 5 Unit Building in the Heart of Palatine. Across from Marianos and just blocks from Downtown Palatine/Metra/Shopping/Dining. Five One Bedroom Units. Building has Newer Windows, Window AC, Roof, Paved Large Parking Area and Extended Grass Area. Laundry and Storage on First Floor. 4 out of 5 Units are Currently Rented with No Leases. Please call Nora for details. Great Oppportunity!

    Sold By Home Realty Group, Inc

    • Listed by: Nora Tovella 847.630.3513 noratovella@gmail.com • Berkshire Hathaway HomeServices Starck Real Estate
    Listing closed: 08/05/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11093455

    Location

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    $3,699 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,532

    Property Taxes

    $1,167

    HOA Dues

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    Property Information for 435 North Hicks Road

    Property Details
    • Taxes: $14,000 / year
    • MLS Type: Multi Family 5+ / Corridor-Exterior Entrance
    • County: Cook County
    • Area: Palatine
    • Air Conditioning Type: Window Unit(s)
    Building Information
    • Stories: 3
    • Residences: 5
    • Year Built: 1961
    • Lot Size: 0.25 AC / 10,681 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    Location and General Information
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • # Of Washers: 1
    • Heat/Ventilation: Electric
    • # Of Window/Ac: 10
    • # Of Refrigerators: 5
    • # Of Dryers: 1
    • Num of Baths: 0.0
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Corridor-Exterior Entrance
    • Lot Dimensions: 229X18X219X75
    • Lot Size Square Feet: 10681.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • # Of Ranges: 5
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 1
    Miscellaneous
    • Current Use: Multi-Family
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 5
    Income & Expenses
    • Electric Expense: $2,400.00
    • Fuel Expense: $.00
    • Gross Income: $54,000.00
    • Gross Scheduled Income: $54,000.00
    • Insurance Expense: $1,600.00
    • Maintenance Expense: $1,500.00
    • Janitor Expense: 0
    • Total Monthly Income: 4500
    • Net Operating Income: $40,000.00
    • Operating Expense: $20,000.00
    • Other Expense: $.00
    • Trash Expense: $500.00
    • Water Sewer Expense: $1,200.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 5
    • # Of Rooms - Unit 1: 3
    • # Of Full Bthrms - Type 1: 1
    • Monthly Income - 1: 850
    Unit 2
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 2: 0
    • Monthly Income - 2: 0
    Unit 3
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 3: 0
    • Monthly Income - 3: 0
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 4: 0
    • Monthly Income - 4: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 5: 0
    • Monthly Income - 5: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    • Monthly Income - 6: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 7: 0
    • Monthly Income - 7: 0

    Property History for 435 North Hicks Road

    DateEvent & SourcePriceAppreciation
    Aug 24, 2021

    Sold (Public Record)

    Public Record #1469642301

    $490,000
    Aug 5, 2021

    Sold

    MRED #11093455

    $490,000
    Jun 27, 2021

    Pending

    MRED #11093455

    DateEvent & SourcePrice
    08/24/2021

    Sold (Public Record)

    Public Record #1469642301

    $490,000
    08/05/2021

    Sold

    MRED #11093455

    $490,000
    06/27/2021

    Pending

    MRED #11093455

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

    Public Records for 435 North Hicks Road

    Taxable ValueLand$6,409Additions$41,262Total$47,671
    Tax Record2023$14,113 ($1,176 / month)
    Home Facts
    Baths5Total Finished SqFt3,588 SqFtAbove Grade Finished SqFt3,588 SqFtStories2Lot Size10,681 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountyCOOKAPN02-14-400-051

    Schools near 435 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

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 435 North Hicks Road, Palatine, IL 60067
    $490,000
    5
    10,681
    $695,000
    5
    3,749
    16,425
    $825,000
    8
    16,425
    20,450
    2
    1,044
    10,217

    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 08/06/2021 11:31 AM. 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.