180 N Smith Street, Palatine, IL
  • $2,500,000

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.

  • Listing Courtesy of: Compass

Details

Updated on June 17, 2026 at 2:35 pm
  • Property ID MRD12364736
  • Price $2,500,000
  • Year Built 2003
  • Property Type Bad
  • Property Status Active Under Contract
  • Parcel Number 02154000550000
  • MLS Status Contingent
  • Co List Agent MLS ID MRD150754
  • Days On Market 357
  • Cumulative Days On Market 590
  • Tax Annual Amount 118330
  • Cooling Central Air
  • Directions Smith Street North of Palatine
  • Association Fee Frequency Not Applicable
  • BuildingAreaTotal 21500
  • LotSizeSquareFeet 43560
  • StoriesTotal 2
  • Zoning COMMR
  • Address 180 N Smith Street
  • City Palatine
  • State/county IL
  • Zip/Postal Code 60067
  • Country United States

Overview

Property ID: MRD12364736
  • Bad
  • Property Type
  • 2003
  • Year Built

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