Palatine, IL 60067 180 N Smith Street

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Presented By: Compass
  • MLS# 12364736
  • 05/14/2025
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  • SQFT • 21,500

Home Details

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.
Presented By: Compass

General for 180 N Smith Street

Additional Parcels Y/NNo
CityPalatine
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsSmith Street North of Palatine
ElectricCircuit Breakers
Leasable Area21500
Lot Size Square Feet43560
MLS AreaPalatine
ModificationTimestamp2025-06-10T05:07:11.927Z
Net Operating Income
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount118330
Tax Year2023
Tenant PaysVaries by Tenant
TownshipPalatine
Year Built2003
ZoningCOMMR

Exterior for 180 N Smith Street

Building Area Total21500
Frontage TypeCity Street, Paved
Lot Dimensions329X244.54X237.49X88.59

Additional Details

Price History

Client Care

Price $2,500,000
MLS#12364736
List Date 05/14/2025
Property Type Commercial
Phone 847.485.2500
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