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Jorel Kilcullen

jorelkilcullen@gmail.com +1(815) 790-4276

$2,500,000

Est. payment - /mo

21,500 SqFt

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 21,500 sqft

Price per Sqft $116

MLS Listing ID 12364736

Year Built 2003

Annual Tax Amount $118,330

Tax Year 2023

Lot Dimensions 329X244.54X237.49X88.59

Property Sub-Type Retail/Stores

Property Description

Welcome to Iconic Durty Nellies in 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.

Location

State IL

County Cook

Area Palatine

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

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Listed by Sharon Dolezal of Compass

Nearby School & Business

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Jorel Kilcullen

+1(815) 790-4276

Broker | License ID: 478.026444

Broker License ID: 478.026444

180 N Smith ST Palatine, IL 60067

Jorel Kilcullen

Key Details

Location

Interior

Building

Nearby School & Business

Get More Information

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