Multifamily Housing
5 West Wood Street Palatine, IL 60067
Details & Description
Price: $1,150,000
    This 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.
    Listing Agents
    Julianna Pitzele
    Century 21 Commercial
    O: 773-465-4200
    M: 708-648-0577
    julianna.pitzele@century21homes.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5 West Wood Street

    Palatine, IL 60067

    Listing ID: 275929
    5 West Wood Street Palatine, IL 60067 | for Sale | Photo 1
    Building Size: 2,000 SF
    Lot Size: 0.500 AC
    Land Size: 21,780 SF
    Building $/SF: $575.00
    Land $/SF: $52.80
    Price
    $1,150,000
    Description

    This 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.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Naperville History of Multifamily Housing for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Palatine Area Market Trends

    Listing Demographics for 5 West Wood Street Palatine, IL 60067

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population12,589106,503242,484
    Population Median Age423940
    Population by Age0-9 Yrs1372 (10%)14056 (13%)31368 (12%)
    10-19 Yrs1336 (10%)12129 (11%)28509 (11%)
    20-29 Yrs1203 (9%)11744 (11%)25076 (10%)
    30-39 Yrs1739 (13%)15999 (15%)34887 (14%)
    40-49 Yrs1949 (15%)14743 (13%)33264 (13%)
    50-59 Yrs2041 (16%)14913 (14%)34717 (14%)
    60-69 Yrs1449 (11%)11864 (11%)29058 (11%)
    70+ Yrs1500 (11%)11053 (10%)25603 (10%)
    Median HH Income$88,386$88,473$93,995
    Total Household Income< 24K599 (10%)4358 (10%)9559 (10%)
    25-49K867 (15%)6970 (16%)13691 (14%)
    50-74K933 (16%)6689 (16%)14214 (15%)
    75-99K772 (13%)5352 (12%)12040 (12%)
    100-199K1728 (30%)12865 (30%)29224 (31%)
    200K+726 (12%)5569 (13%)14498 (15%)
    Highest Education LevelNo Diploma578620612258
    Diploma or GED15811239527019
    Some College16281328328241
    Assoc. Degree693536312218
    Bachelors Degree30722427457020
    Higher Degree19581459035961
    Total Housing Units5,94644,16198,162
    --Owner-Occupied4,21928,97068,036
    --Renter-Occupied1,40612,83325,190
    Owner-Occupied Values< 100K27917263536
    100-199K574502910648
    200-299K1691740915608
    300-399K1004660215860
    400-499K37936939778
    500K+293451012606
    Total Working Age Population10,40384,392192,491
    In Work Force7,63460,408134,505
    Not In Work Force2,76823,98457,985
    Workforce Employed7,30458,377130,035
    Workforce Unemployed3171,9774,392
    Civlian Workforce7,62060,353134,427
    Military Workforce145478
    Total Households5,62541,80393,226
    Family Households3,07127,43463,916
    Non-Family Households2,55414,36929,309
    Married Couple2,63522,20153,499
    Other Family4365,23410,418
    Married w/Child9609,46122,865
    Single Male w/Child215501,142
    Single Female w/Child1991,9543,757

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    Lake County644,356+9703,462+17820,250+6873,024

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5 West Wood Street in Palatine?
    The asking price for 5 West Wood Street is $1,150,000
    What is the building size of this Multifamily property in Palatine, IL?
    The size of the building/unit at 5 West Wood Street in Palatine is 2,000 square feet
    How much land does the Palatine, IL property at 5 West Wood Street include?
    5 West Wood Street in Palatine includes 0.500 acres of land
    What is the population within 1 mile of 5 West Wood Street in Palatine?
    The population within 1 mile of 5 West Wood Street Palatine, IL 60067 is 12,589 people.
    Who do I contact for questions about 5 West Wood Street?
    You should contact the listing agent, Julianna Pitzele, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 12
    Chicago Midway International Airport (MDW) 27
    Chicago Rockford International Airport (RFD) 54
    Price
    $1,150,000
    Listing Agent
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Property Inspection •
    White Glove Building Inspections logo
    We find what you may have missed!
    • Digital Media Services •
    View My Space logo
    Fly-overs, 3d walkthroughs, & more
    • Cleaning Company •
    Rivas Cleaning Service logo
    A clean, sanitized office is here!
    • Property Inspection •
    Home Inspection Star Inc logo
    We find what you may have missed!
    • Cleaning Company •
    Melissa  A Mop  logo
    A clean, sanitized office is here!

    Share
    Other property types near Palatine, IL