August 12, 2025 – Dan Smith, John Preston, Kelsey Zurweller and Andrew O’Connell of Horvath & Tremblay have successfully completed the sale of a six (6) unit multi-family property in Palatine, Illinois. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $830,000.
The property is located at 1549 N Winslowe Drive in Palatine, Illinois. The three-story brick apartment building was constructed in 1978 and contains six (6) multi-family units comprising five (5), 2-Bedroom/1-Bathroom units and one (1), 1-Bedroom/1-Bathroom unit with 6,050 square feet of living area in 6,216 square feet of gross area on a 0.06-acre parcel. Each unit has a private patio (first floor) or balcony (upper floors) and the Property features an on-site laundry facility and twelve (12) on-site parking spaces. The property is well located in a quiet residential neighborhood with mature trees, landscaping and green space. The Property is ideally positioned within Palatine and is surrounded by similar multi-family and single-family residential communities. The Property is located just off the intersection of Dundee Road (IL Route 68) and N Rand Road (US Route 12), two of the area’s primary commercial and commuter corridors. The Property enjoys close proximity to IL Routes 68 and 53 and US Routes 12 and 14. The property is a short drive or bus ride from the Palatine and Arlington Park Metra Stations for quick, direct access to Chicago and the surrounding areas.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.