180 North Smith Street
$3,250,000
43,560 / 1
Listed By Compass
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...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 Details for 180 North Smith Street
Area
Palatine
TownshipPalatine
OwnershipFee Simple
Num Of Parking Spaces0.0
ZoningCOMMR
LISTING UPDATED: 11/12/2024 12:07 AM
Property Details for 180 North Smith Street
Status | Active |
---|---|
MLS # | 12119741 |
Days on Market | 166 |
Taxes | $114,475 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 1.00 AC |
County | Cook County |
Building Information for 180 North Smith Street
Lot Size1.00 AC
Property Information for 180 North Smith Street
Property History for 180 North Smith Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 180 North Smith Street
Taxable ValueLand$141,761Additions$257,936Total$399,697
Tax Record2022$114,475 ($9,540 / month)
Home Facts
Stories1Lot Size43,560 SqFtStyleStoresYear Built2003CountyCOOKAPN02-15-400-055
Schools near 180 North Smith Street
This home is within Township Hsd 211 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Gray M Sanborn Elementary School PublicPK to 6 | ||
Walter R Sundling Jr High School Public7 to 8 | ||
Palatine High School Public9 to 12 | ||
District 211 Academy - North Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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