180 N Smith Street
Palatine, IL 60067
- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
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.
Last checked:
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Last updated Nov 12, 2024
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MLS# 12119741 —
Location
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Directions:Smith Street North of Palatine Rd.
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Location:6165
The Property
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Parcel Number:02154000550000
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Property Type:Land
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Lot Size Dimensions:329.18X244.54X237.49X88.59
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Lot Size Acres:1
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Current Use:Retail, Special Use
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Zoning:COMMR
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Building On Land:Yes
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Frontage Type:City Street
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Frontage Length:329
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Waterfront:false
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (847) 361-0864
- Office phone:
- (847) 616-9910
Taxes
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Tax Year:2022
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Tax Annual Amount:114475
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:Central Air
Utilities
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Utilities:Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Schools
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Elementary School District:15
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Middle Or Junior School District:15
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High School:Wm Fremd High School
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High School District:211
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/6/24
Nov 6, 2024
|
Price Changed | MRED | $3,250,000 | -7.1% |
|
8/30/24
Aug 30, 2024
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Price Changed | MRED | $3,500,000 | -10.3% |
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7/24/24
Jul 24, 2024
|
Listed / Active | MRED | $3,900,000 |
