140 W Wood Street Unit 131
Palatine, IL 60067

Status: Active Under Contract
Townhouse or Condo
0 beds
1 baths
0 sq.ft
Listing Price: $69,000

About this home

LOCATION * EFFECIENT * OPPORTUNITY This studio unit has been freshly painted and features new carpeting. Oak cabinets in kitChen. The bath .... needs some love. This is a AS-IS sale which reflects the need for a bath refresh as well as appliances. There is no refrigerator and dishwasher is unknown if it works. All that said - you will love that the condo building is directly across the street from the Palatine Metra train station. And across the street from the thriving downtown Palatine area. Why rent when you can own. Plus, the Park Towne Condominiums at 140 West Wood Street have desirable extras like an exercise facility, storage spaces, as well as a bike storage area. BUILDING Laundry is located on each floor. Monthly fees cover heat, air conditioning, gas and water. Rentals are not allowed but at this price, it can cost you less to own than to rent. BUILDING HAS A POSSIBLE CONVERSION BUYOUT. COULD BE A PROFITABLE PROPOSITION - $82, 000.

Property details

Interior Features
Additional Rooms None
Appliances Range
Square Feet Source Not Reported
Basement Description None
Basement Bathrooms No
Basement None
Disability Access and/or Equipped No
Baths FULL Count 1
Baths Count 1
LaundryFeatures Common Area, Multiple Locations
Total Rooms 2
Floor Level 1
Rooms
room 1
Level N/A
room 2
Level N/A
room 3
Level N/A
room 4
Level N/A
room 5
Level N/A
room 6
Level N/A
room 7
Level N/A
room 8
Level N/A
room 9
Level N/A
room 10
Level N/A
room 11
Type Bedroom 2
Level N/A
room 12
Type Bedroom 3
Level N/A
room 13
Type Bedroom 4
Level N/A
room 14
Type Dining Room
Level N/A
room 15
Type Family Room
Level N/A
room 16
Type Kitchen
Level Main
Dimensions 10X6
Flooring Wood Laminate
room 17
Type Laundry
Level N/A
room 18
Type Living Room
Level Main
Dimensions 18X13
Flooring Carpet
room 19
Type Master Bedroom
Bath None
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 51-60 Years
Approx Year Built 1971
Parking Total 2
Exterior Building Type Brick
Parking Features Unassigned, Visitor Parking, Parking Lot
Garage On-Site Yes
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
Area Major Palatine
Corporate Limits Palatine
Directions Southeast corner of Colfax & Smith. Park in lot on the north side of the building.
Elementary School Gray M Sanborn Elementary School
Elementary Sch Dist 15
Heat/Fuel Natural Gas, Forced Air
High Sch Palatine High School
High Sch Dist 211
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle School Walter R Sundling Junior High Sc
Jr High/Middle Dist 15
Subdivision Park Towne
Township Palatine
Property / Lot Details
Lot Dimensions CONDO
Model STUDIO
Number of Stories 1
Ownership Condo
Number Of Units in Building 128
Type Attached Condo,Studio
Property Type Attached Single

Financials

Investment Profile Residential

Tax/Assessments/Liens

Master Association Fee($) $306
Association Amenities Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, Pool
Frequency Monthly
Master Association Fee No
Assessment Includes Heat, Air Conditioning, Water, Gas, Parking, Insurance, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Master Association Fee Frequency Not Required
PIN 02154070491023
Special Assessments N
Taxes $4,200
Tax Exemptions Homeowner
Tax Year 2022
$69,000 Listing Price:
MLS # 12033978
Investment Profile Residential
Listing Market Time 60 days
Basement None
Number of Units in Building 128
Type Attached Condo,Studio
Parking Space/s
Pets Allowed Cats OK, Number Limit, Size Limit
List Date 04/19/2024
Year Built 1971
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