Multifamily
365 E Rimini Ct
365 E Rimini Ct, Palatine, IL 60067
Listing Price: $995,000
Investment Overview
Marcus & Millichap is pleased to present this six-unit apartment property located at 365 East Rimini Court in Palatine, Illinois.
Built in 1984, the building is comprised of six two-bedroom / one-bathroom units, measuring approximately 864 square feet each. The building is a part of Mission Creek Condominium Association and features patios or balconies for each unit, ample off-street parking, designated tenant storage, an on-site laundry facility, a courtyard and a pond. The property is tenant heated.
This investment offers an investor the opportunity to acquire a well-maintained, turn-key asset in a desirable Palatine location, with recent capital improvements.
Investment Highlights
- All Two-Bedroom Units, Patios or Balconies for Each Unit, and Tenant Heated
- Ample Off-Street Parking, Designated Tenant Storage, On-Site Laundry Facility, Brand New Water Heater, a Courtyard and a Pond
- A Part of Mission Creek Condominium Association, Turn-Key Asset, and Recent Capital Improvements
- Forced Air Heat and Air Conditioning: All Individual Furnaces and Air Conditioning Condensers have been Replaced Within the Last 10 Years with Half of Them Updated in the Last Three Years
- Easy Access to Route 12, Route 14, Route 53 and Route 68 and One and One-Half Miles to Palatine Metra Station
- Close Proximity to Retail Options and Dining Options including Mariano's, Walmart, Wendy's and Starbucks
- Close to Palatine Library, Palatine High School, Lincoln Elementary School, and Ashwood Park
- Average Household Income within One Mile is $133,132
Exclusively Listed By
Listing Price: $995,000
Investment Highlights
- All Two-Bedroom Units, Patios or Balconies for Each Unit, and Tenant Heated
- Ample Off-Street Parking, Designated Tenant Storage, On-Site Laundry Facility, Brand New Water Heater, a Courtyard and a Pond
- A Part of Mission Creek Condominium Association, Turn-Key Asset, and Recent Capital Improvements
- Forced Air Heat and Air Conditioning: All Individual Furnaces and Air Conditioning Condensers have been Replaced Within the Last 10 Years with Half of Them Updated in the Last Three Years
- Easy Access to Route 12, Route 14, Route 53 and Route 68 and One and One-Half Miles to Palatine Metra Station
- Close Proximity to Retail Options and Dining Options including Mariano's, Walmart, Wendy's and Starbucks
- Close to Palatine Library, Palatine High School, Lincoln Elementary School, and Ashwood Park
- Average Household Income within One Mile is $133,132
Investment Overview
Marcus & Millichap is pleased to present this six-unit apartment property located at 365 East Rimini Court in Palatine, Illinois. Built in 1984, the building is comprised of six two-bedroom / one-bathroom units, measuring approximately 864 square feet each. The building is a part of Mission Creek Condominium Association and features patios or balconies for each unit, ample off-street parking, designated tenant storage, an on-site laundry facility, a courtyard and a pond. The property is tenant heated. This investment offers an investor the opportunity to acquire a well-maintained, turn-key asset in a desirable Palatine location, with recent capital improvements.
Exclusively Listed By

