$1,200,000

411 N Hicks Road, Palatine, IL 60067

Active Under Contract

beds 0 baths Built 1960 Commercial Sale MLS #MRD12728178 7 days on market

Listing courtesy of Berkshire Hathaway HomeServices Starck Real Estate · 847-359-4600 · clientcare@starckre.com · MLS #MRD12728178 · Status: Active Under Contract

Incredible income potential opportunity!! Easy to rent 1 bedroom apartments, @$1300/month each - 8 units, with common laundry, storage cages, and tons of parking. Conveniently located in an area of mixed commercial and residential buildings, fantastic access to shopping, downtown Palatine, and train station.

Property details

Interior

Fireplaces: 0
Basement: None

Building & exterior

Exterior: Brick
Roof: Tar/Gravel
Foundation: Concrete Perimeter

Lot & location

Lot dimensions: 218 X 75
Township: Palatine
County: Cook

Utilities

Cooling: Wall Sleeve
Water: Community Water
Electricity: Service - 101 to 200 Amps

Taxes & terms

Annual taxes: $13,303 (2024)
Parcel number (PIN): 02144000540000
PIN: 02144000540000
Possession: Closing
Listed: 8/11/2026

What would this home cost per month?

Using this listing's actual tax bill (2024) — adjust anything.

Price

Down payment %

Rate %

Term (years)

Taxes ($/yr)

Insurance ($/mo)

HOA ($/mo)

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment

Principal & interest

Property taxes

Insurance

PMI (under 20% down)

HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

Similar homes nearby

$899,900

3 bd · 2.5 ba · 2,600 sqft

4 E Slade Street, Palatine, IL 60067

$865,000

4 bd · 2.5 ba · 3,644 sqft

946 E Krista Court, Palatine, IL 60074

$1,399,900

4 bd · 3.5 ba · 3,600 sqft

827 W Brookside Street, Palatine, IL 60067

Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

Ask About This Home →

Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

Based on information submitted to the MLS GRID as of 2026-08-26 02:23:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MLS GRID. Use of this site's search and display of listing data is subject to our Terms of Use. Some listings have been excluded from this website.