215 S Smith St.

215 S Smith St., Palatine, IL 60067

Sold for $250,000 on 7/08/22


Beds Baths Built Sq.Ft. Garage Taxes On Market
2 1 1953 900 ft2 1.5 $6,601 1097 days

Score instant cash flow with this awesome investment opportunity that's now available! Wonderful tenants are in place with a lease that expires in January 2023 with an auto-renew option that if exercised, extends the lease to January 2024. Updated kitchen with granite countertops and stainless steel appliances. Fresh paint throughout and beautiful hardwood floors in the living room and bedrooms. This home is light and bright thanks to new windows and overhead can lighting in the living room. Big laundry room with a washer and dryer and cabinets for storage. One and a half car garage. Low maintenance siding, soffits, and fascia, on the exterior. Set on a third of an acre parcel of land, due to its stellar location, has a ton of potential for expansion and could one day be attractive to a builder. Excellent location, tucked away on a quiet street (check the map, it's not located on 'busy' Smith Street). Walking distance to the train and restaurants in downtown Palatine, and feeds into popular Fremd. Two PINs, taxes are $6600 and do not reflect a homeowner exemption. Beat inflation by getting your money out of the bank and invest it in real estate! Tenants pay $1900 a month and are responsible for utilities, lawn care, and snow removal.

Listing courtesy of Keller Williams Success Realty


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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