224 & 228 Rimini Court, Palatine, IL – 12-Unit Apartment Building *Outstanding investment opportunity in a prime Palatine location. This fully remodeled 12-unit property offers twelve spacious two-bedroom, one-bathroom condos, each equipped with individual central heating and air conditioning. *All units have been completely updated, featuring modern finishes, renovated kitchens and bathrooms,flooring and appliances replaced within the last few years. Each unit also includes a private balcony with views of a wooded area to the rear of the property. *Building improvements include a newer roof, windows, and sliding doors, secure intercom system, individual basement storage units, and much more… *The property backs to a quiet wooded area, providing privacy and outdoor space for residents. *Located near schools, shopping, transportation, and parks, this turn-key asset offers strong rental potential and consistent performance in a highly desirable suburban market.
Property Details
Price:
$2,800,000
MLS #:
MRD12580476
Status:
Active Under Contract
Beds:
2
Baths:
1
Type:
Commercial
Neighborhood:
palatine
Listed Date:
Mar 1, 2026
Year Built:
1984
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick, Block, Wood
Stories
3
Financial
HOA Includes
Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Maintenance Fee
$19,697
Tax Year
2023
Taxes
$32,719
Map
Community
- Address224, 228 E Rimini Court Palatine IL
- CityPalatine
- CountyCook
- Zip Code60067
Market Summary
Current real estate data for Commercial in Palatine as of May 15, 2026
9
Commercial Listed
117
Avg DOM
$1,232,756
Avg List Price
Property Summary
- 224, 228 E Rimini Court Palatine IL is a Commercial for sale in Palatine, IL, 60067. It is listed for $2,800,000
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Copyright 2026. All rights reserved.
224, 228 E Rimini Court
Palatine, IL


