IL
Cook
Palatine
60067
180 N Smith Street
180 N Smith Street, Palatine, IL 60067
Listing Type
Commercial/Industrial
Listing Status
active
1
$2,999,999

Home Details for 180 N Smith Street

Price
$2,999,999
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
21500
Year built
2003
County
Cook
Garage
Days on site
144
MLS Listing#
12189729
Listing Courtesy: Compass - 847-616-9910
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 Features
  • Cooling Information
    • Central Air
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-01-31 08:15:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-01-31 08:15:11
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
Office
773 250 7410
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