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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12580476
Maintenance Fees $19,697
Year Built 1984
Annual Tax Amount $32,719
Tax Year 2023
Lot Dimensions 106x53
Property Sub-Type Multi Family 5+
Property Description
224 & 228 Rimini Court, Palatine, IL - 12-Unit Apartment Building *Outstanding investment opportunity in a prime Palatine location. This fully remodeled 12-unit property offers twelve spacious two-bedroom, one-bathroom condos, each equipped with individual central heating and air conditioning. *All units have been completely updated, featuring modern finishes, renovated kitchens and bathrooms,flooring and appliances replaced within the last few years. Each unit also includes a private balcony with views of a wooded area to the rear of the property. *Building improvements include a newer roof, windows, and sliding doors, secure intercom system, individual basement storage units, and much more... *The property backs to a quiet wooded area, providing privacy and outdoor space for residents. *Located near schools, shopping, transportation, and parks, this turn-key asset offers strong rental potential and consistent performance in a highly desirable suburban market.
Location
State IL
County Cook
Area Palatine
Zoning MULTI
Rooms
Basement Partially Finished
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Multi Family 5+
Water Community Water
Structure Type Brick,Block,Wood
Others
HOA Fee Include Parking,Insurance,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Galya Georgieva of Coldwell Banker Realty
Nearby Locations
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