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  1. Home/
  2. Palatine, IL/
  3. 516 N Wilke Rd

516 N Wilke Rd

516 N Wilke Rd, Palatine, IL, 60074

Lake Louise CondominiumsCommunity
0 Units for Sale

Front view of a brick apartment building with balconies.View Listing
MLS ID #12345840
Front view of a brick apartment building with balconies.View ListingMLS ID #12345840
Front view of a brick two-story building with balconies.View ListingMLS ID #12158655
Front view of a brick apartment building with balconies and an arched entrance.View ListingMLS ID #12345840
Entrance view of a brick building with an arched doorway.View ListingMLS ID #12345840
YearBuilt

Year Built

1973

Stories

# Stories

2

#TotalUnits

# Total Units

7
UnitSizeRange

Unit Size Range

850-1,200 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Medium


About 516 N Wilke Rd

516 N Wilke Rd is a two-story condominium building constructed in 1973, offering both 1 and 2-bedroom units. The property provides residents with a range of amenities designed for a comfortable living experience. An exercise room caters to fitness enthusiasts, while a private laundry hookup in each unit ensures convenience. The building features both an in-ground pool and a regular pool, offering options for leisure and relaxation. Residents have access to a bike room and nearby bike trails, making it easy to enjoy biking in the surrounding areas. Additionally, a park within close proximity offers green space for outdoor activities and relaxation. Unit prices range from $215,000 to $230,000, appealing to buyers seeking affordability and access to urban amenities. Despite the lack of a formal neighborhood designation, the property’s location offers residents various opportunities for recreation. 516 N Wilke Rd combines practicality with essential conveniences, providing modern living spaces within an established community setting. The building's setup and amenities align with the needs of individuals seeking a balanced lifestyle that includes both fitness and relaxation facilities.

Front view of a brick apartment building with balconies.View Listing
MLS ID #12345840
Front view of a brick apartment building with balconies.View ListingMLS ID #12345840
Front view of a brick two-story building with balconies.View ListingMLS ID #12158655
Front view of a brick apartment building with balconies and an arched entrance.View ListingMLS ID #12345840
Entrance view of a brick building with an arched doorway.View ListingMLS ID #12345840

Amenities

Imagine enjoying your mornings with a vibrant exercise routine, thanks to the well-equipped exercise room on-site. When it's time to unwind, dive into the inviting in-ground pool or take a leisurely bike ride along nearby trails. The condo also features convenient private laundry hookups, ensuring that you have the comforts of home right at your fingertips. Plus, for those who love the outdoors, a nearby park offers a serene space to relax or enjoy some fun under the sun.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

Rest assured, 516 N Wilke Rd is pet-friendly, allowing cats and dogs to accompany you in your new home. However, bear in mind there are some guidelines concerning the number and size of pets allowed. This friendly policy is perfect for new homeowners with furry companions who want to enjoy every moment in their stylish abode.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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516 N Wilke Rd Market Report (last 12 months)

Avg. List Price
$196,667 ($200/Sqft.)
Year-Over-Year List Price
Down Arrow 12.98%
Total Listings
Listings3
Avg. Days On Market
Calendar38
Avg. Sale Price
$195,000 ($198/Sqft.)
Year-Over-Year Sale Price
Down Arrow 15.22%
Total Sold
Sold3
Avg. HOA Fees/Sqft
$4 /monthly
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Living in 516 N Wilke Rd

Condo Living at 516 N Wilke Rd, located at 516 N WILKE RD, PALATINE, IL:

Welcome to 516 N Wilke Rd, a charming two-story condo building nestled in the heart of Palatine, Illinois. Built in 1973, this inviting community offers the perfect blend of comfort, accessibility, and style – ideal for first-time buyers eager to start their homeownership journey. Whether you're looking for a cozy one-bedroom space or a two-bedroom haven, this location caters to your desires with a unit size range between 850 and 1,200 square feet.

Building Features and Unit Availability:

With a total of six units, the building possesses a medium availability and attracts a low demand, making it an excellent option for those looking to settle into their first home without feeling overwhelmed by competition. The average closed price for these units is around $222,500, which translates to approximately $195 per square foot. With only a 46-day average market period, you might be surprised at how quickly units are snapped up in this quaint community.

Life at 516 N Wilke Rd:

Living in this vibrant community means you'll find just about everything you need within reach. Whether you're a busy professional or a carefree student, the cozy ambiance of 516 N Wilke Rd can provide the perfect backdrop for your new life. The welcoming sense of community adds an extra touch, making you feel at home from day one.

  1. Home/
  2. Palatine, IL/
  3. 516 N Wilke Rd
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