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11 Properties Within 0.5 miles of: 180 N Smith, Palatine
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180 N Smith
Palatine, IL 60067

Price

$2,999,999

Est Payment
$25,442 / month (details)  
Taxes
$114,475  
Type
Land  
Sq. Ft.
n/a  
Lot Size
329.18X244.54X237.49X88.59  
Neighborhood
Palatine  
MLS
#12119741
Status
Active (9 months)

Property Description

Welcome to downtown Palatine, across the street from the Palatine train station. Built in 2003, the 21,500 square feet building is comprised of a bar/restaurant with a full kitchen, a 7,000 square feet entertainment venue with a mezzanine leading to a rooftop deck, and an adjacent 2,500 square feet bank with one drive thru lane. Sitting on an acre of land, the site has been previously approved for redevelopment with a new 6 story mixed use building, complete with a rooftop amenity deck and 9,900 square feet of ground floor commercial space. The retail commercial space is divisible and includes approximately 1,250 square feet of covered patio area. The proposed development includes approximately 52 residential units located on floors 2-6, made up of 2 bedrooms/2 bath units and 2 bedrooms+den/2 bath units. The rooftop residential amenity deck includes an enclosed amenity area, terraces, and elevator access. The building is within the transit oriented development area parking requirements. With an existing 42 surface spaces. Palatine is a thriving commercial trade area - an ideal location for ambitious professionals and businesses alike. Contributing to an engaging and vibrant community atmosphere that's primed for continued growth and development.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

Schools
Wm Fremd High School (211), District 15

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-24-2024 Listed at $3,900,000
08-30-2024 Price decreased by $400,000 to $3,500,000
11-06-2024 Price decreased by $250,000 to $3,250,000
01-02-2025 Price decreased by $250,001 to $2,999,999
Last Modified 1/8/25 12:05 AM

Nearby Transportation

  • Union Pacific Northwest 0.1 mi
  • Hwy 53 South 1.7 mi
  • Hwy 53 North 1.9 mi
  • I 90 West 3.7 mi
  • I 90 East 3.7 mi
  • I 290 West 4.9 mi
grid
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