Description
Welcome to downtown palatine, sitting on an acre of land, this 21,500 square feet building built in 2003 is comprised of a restaurant with a full kitchen, bar setup on every level with a mezzanine leading to a rooftop deck, the building is complete with a drive thru lane. the site was previously proposed 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 to include an enclosed amenity area, terraces, and elevator access. the building is accessible to the palatine metra rail line, and 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 Type
LandCounty
CookStyle
LandAD ID
46446937
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Property Details
-
Interior Features
Heating & Cooling
- Cooling: Central Air
-
Property / Lot Details
Lot Information
- Lot Dimensions: 329.18X244.54X237.49X88.59
- Lot Acres: 1
Property Information
- Property Type: Land
- Sub Type: Land
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Listing Information
Listing Price Information
- Original List Price: $3900000
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Taxes / Assessments
Tax Information
- Annual Tax: $114475
- Tax Year: 2022
- Parcel Number: 02154000550000
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School, Utilities &Location Details
School Information
- Elementary School:
- Junior High School:
- Senior High School: Wm Fremd High School
Utility Information
- Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Location Information
- City: Palatine
- Direction: Smith Street North of Palatine Rd.
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BuyOwner last updated this listing Fri Sep 06 2024
- MLS: MRD12119741
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Midwest Real Estate Data LLC (MRED)
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Inverness , in zip code 60067, this Cook County Land and are nearby neighborhoods.