BREAKING NEWS!
Palatine Park District acquires 20 N Middleton Avenue
On September 28, 2019, Steve Breese sent an email to the Palatine Park District Board of Commissioners requesting that they acquire and preserve the 20 N Middleton Ave property, which had recently come on the market. Shortly there after, the District contacted the property owner to express their interest in preserving the property as parkland.
After 2½ years of on & off negotiations, the two parties finally struck a deal. On January 31, 2022, the Park District closed on the property with a Short Sale price of $110,000, which was 21% below its list price of $140K. The low price for this relatively large property could be attributed to the fact that the existing house on the property is grossly obsolete and that most of the parcel is located wihin the Salt Creek floodplain and thus cannot be redeveloped for new residential use.
The Park District has plans to demolish the structures on the parcel and eventually develop a small park site. The District is also seeking to acquire the 40-60 N Middleton Ave properties immediately to the north of this property and south of Robin Park.
