1875 N Green Lane N Palatine, IL ^$ 999,000

1875 N Green Lane N

^$ 999,000

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1875 N Green Lane N

Palatine, IL, 60074

^$ 999,000

Bedrooms9 Baths0.0

Monthly Estimate*

^$ 6,151

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Multi-Family Home for sale in Palatine, IL

for $999,000 with 9 bedrooms. This home was built in 1985 on a lot size of 0.06.

GREAT INVESTMENT. YEARLY INCOME INCOME $73,000. FOR OVER ASSOCIATION LISTED AS OTHER EXPENSE ($3800 YEARLY) COVERS LANDSCAPING, SNOW REMOVAL, SCAVENGER AND PARKING LOT MAINTENANCE. ALL SPACIOUS 3-2 BEDROOM AND 3-1 BEDROOM UNITS WITH BALCONIES ARE ALWAYS RENTED. PLENTY OF PARKING AND NICE GREENERY AREAS AROUND THE PROPERTY.

Multi-Family Active

Price

^$ 999,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 15,194

Style

Multi-Family

Lot Size

0.06

Year Built

1985

Town/City

Palatine

County/Region

Cook

MLS | Web ID

12680785

Features

General

Zoning MULTI

Construction Materials Brick

Year Built 1985

Electric Separate Meters

Tenant Pays Electricity Heat

Stories Count 3

Township Palatine

Tax Year 2024

Current Use Multi-Family

Gross Income 105000

County Cook

Net Operating Income 72457

Operating Expense 32543

Insurance Expense 8000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Multi-Family

Status New

Directions N of Dundee Rd E of North Rand Road

City Palatine

Number Of Units Total 6

MLS Area Palatine

Tax Annual Amount 15194

Electric Expense 2000

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 3550

Additional Parcels Y/N N

Standard Status Active

Cap Rate 8

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 2718

Lot Size Acres 0.06

* Excluded Features

List By

American International Realty

Broker

realestateman911@gmail.com

Affordability Calculator

$7,417

Per Month

Monthly Principal & Interest: $6,151
Monthly Property Taxes: $1,266
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Palatine, IL

Average List Price ^$762,000

Percent of Sale Price 24%

About Palatine, IL

67,137 Population

2% Since 2002

^$76,021 Median Income

39.39 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/17/2026	$999,000		Listed Price

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1875 N Green Lane N, Palatine, IL, 60074 is a Multi-Family Home for sale at $999,000 with a lot size of 0.06. 1875 N Green Lane N has 9 bedrooms, 0.0 baths, and was built in 1985. The property's zip code is 60074 which is in Palatine, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/22/2026.

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1875 N Green Lane N

Multi-Family Home for sale in Palatine, IL

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