180 N Smith Street, Palatine, IL 60067

$2,500,000 List Price
In Contract on 5/06/2026
 
Listing ID 11497203
Property Type Commercial
County Cook
Township Palatine
Neighborhood Palatine
Total Tax $118,330
Tax ID 02154000550000
FEMA Flood Map fema.gov/portal
Year Built 2003
   
Virtual Tour
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.
Property Details
  • 43560 SF Lot
  • Built in 2003
Interior Features
  • Fire Sprinklers
  • Central A/C
Taxes and Fees
  • $118,330 Total Tax
  • Tax Year 2023
Listed By
Sharon Dolezal
Compass
Office: 847-616-9910
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