218 N Hicks Pl

Palatine, IL 60067

$395,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 218 E Hicks Place-an exceptional opportunity in the heart of Palatine that blends lifestyle flexibility with smart investment potential. Positioned just steps from Village Hall, parks, fields, pool, and the Metra train station, this mixed-use property offers unbeatable convenience and community connection. The building is thoughtfully divided into two distinct spaces: a charming, vintage 2-bedroom apartment on the upper level and a versatile retail unit on the main floor. Whether you're...Welcome to 218 E Hicks Place-an exceptional opportunity in the heart of Palatine that blends lifestyle flexibility with smart investment potential. Positioned just steps from Village Hall, parks, fields, pool, and the Metra train station, this mixed-use property offers unbeatable convenience and community connection. The building is thoughtfully divided into two distinct spaces: a charming, vintage 2-bedroom apartment on the upper level and a versatile retail unit on the main floor. Whether you're an entrepreneur searching for a storefront with visibility or an investor looking to generate dual income, this setup delivers. The upper unit offers a comfortable living space full of character-ideal for an owner-occupant or long-term tenant. The separate entrance allows privacy while maintaining easy access. Downstairs, the retail space features large front-facing windows and flexible interior square footage, ready to adapt to a variety of small business types-boutique, salon, studio, gallery, or office. For owner-occupants, the opportunity to live upstairs and run your business below creates a simple, cost-efficient setup with lower overhead and taxes. Investors will appreciate the dual-income streams and the property's location in a high-demand area with walkability and excellent transit access. This property is zoned to support mixed-use and sits in an established neighborhood that continues to grow in value. With easy access to highways and surrounding suburbs, this location also serves as a strategic hub for client access and commuter traffic. 218 E Hicks Place isn't just a property-it's a smart play for income, flexibility, and future growth.
  1. Listed by Young Lee • Real Broker LLC

Property Details for 218 North Hicks Place

Area
Palatine
Township
Palatine
LISTING UPDATED: 04/11/2025 12:06 AM

Property Details for 218 North Hicks Place

StatusActive
MLS #12330395
Days on Market177
Taxes$6,809 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1954
Lot Size0.09 AC / 3,759 SF
CountyCook County

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 218 North Hicks Place

Stories2Residences2Year Built1954Lot Size0.09 AC / 3,759 SF

Payment Calculator

$2,637 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,070

Property Taxes

$567

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 218 North Hicks Place

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Geographic Locale: Northwest Suburban
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Fuses
  • Heat/Ventilation: Hot Water,Radiators
  • Misc Inside: Public Restroom/s
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 34X127X25X127
  • Lot Size Square Feet: 3759.0
  • Stories: 2
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Building Area Total: 1994
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 12
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 218 North Hicks Place

DateEvent & SourcePriceAppreciation
Apr 5, 2025

Listed (Active)

MRED #12330395

$395,000
Nov 15, 2007

Expired

MRED #06625679

$320,000
Sep 18, 2007

Listed (Active)

MRED #06625679

$320,000
Mar 11, 2002

Sold (Public Record)

Public Record #95916092

$230,000
DateEvent & SourcePrice
04/05/2025

Listed (Active)

MRED #12330395

$395,000
11/15/2007

Expired

MRED #06625679

$320,000
09/18/2007

Listed (Active)

MRED #06625679

$320,000
03/11/2002

Sold (Public Record)

Public Record #95916092

$230,000

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

Public Records for 218 North Hicks Place

Taxable ValueLand$2,255Additions$20,744Total$22,999
Tax Record2023$6,809 ($567 / month)
Home Facts
Baths1.5Total Finished SqFt1,994 SqFtAbove Grade Finished SqFt1,994 SqFtStories2Lot Size3,759 SqFtStyleMulti-Family Res (5+ Units)Year Built1955CountyCOOKAPN02-14-319-002

Schools near 218 North Hicks Place

This home is within Township Hsd 211 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gray M Sanborn Elementary School
PublicPK to 6

Walter R Sundling Jr High School
Public7 to 8

Palatine High School
Public9 to 12

Higgins Education Center
Public9 to 12

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.

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218 North Hicks Place is a mixed use property for sale in Palatine, IL 60067. This property was listed for sale on April 5, 2025 by Real Broker LLC, it's currently listed at $395,000. It has been on the market for a total of 177 days and was last sold on March 11, 2002. This listing's school districts are Township Hsd 211 School District, Palatine Central Consolidated School District 15. Nearby schools include Gray M Sanborn Elementary School, Walter R Sundling Jr High School and Palatine High School. 218 North Hicks Place is a 0-bed, 0-bath, mixed use property built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

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 04/11/2025 12:06 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.