Palatine, IL
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    Palatine, IL Banks for Sale

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    Barrington, IL Deer Park, IL Rolling Meadows, IL
    Iconic Palatine Commercial Redevelopment Opportunity
    $2,500,000
    21,500 SF

    Iconic Palatine Commercial Redevelopment Opportunity

    180 N Smith St, Palatine, IL

    21,500 SF building with redevelopment potential in downtown Palatine.

    • Approved for redevelopment with a 6‑story mixed‑use building including 52 residential units and 9,900 sq ft of commercial space.
    • Existing iconic bar/restaurant (Durty Nellies) with full kitchen and 7,000 sq ft entertainment venue including a rooftop deck.
    • Prime downtown Palatine location across from the train station.
    • Includes an adjacent 2,500 sq ft bank with a drive‑thru lane.
    • Sits on a one‑acre lot with 42 surface parking spaces.
    Updated: Jul 4, 2025
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    Retail, Land, Special Purpose
    $2,500,000
    21,500 SF

    Retail, Land, Special Purpose

    180 N Smith St, Palatine, IL 60067

    Mixed-use properties · 21,500 SF

    • Approved for redevelopment: 6‑story mixed‑use building with 52 residential units and 9,900 sq ft of commercial space.
    • Prime downtown Palatine location, directly across from the train station.
    • Existing building includes a bar/restaurant with full kitchen and a 7,000 sq ft entertainment venue with rooftop deck access.
    • Sits on one acre of land within a transit‑oriented development area.
    • Features approximately 1,250 sq ft of covered patio area.
    Updated: Jun 3, 2024
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    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 2 Active listings in Palatine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Bank with Off-Street Parking
    $790,000
    2,500 SF

    Former Bank with Off-Street Parking

    Former bank location with off-street parking near O’Hare Airport.

    379 South River Road, Des Plaines, IL 60016
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    Former Bank with Off-Street Parking
    $790,000

    Former Bank with Off-Street Parking

    Former bank location with off-street parking in high-traffic area.

    379 South River Road, Des Plaines, IL 60016
    View details
    New U.S. Bank Ground Lease
    $4,500,000
    3,870 SF

    New U.S. Bank Ground Lease

    New construction U.S. Bank ground lease in Schaumburg, Illinois.

    1297 E Higgins Rd, Schaumburg, IL 60173
    View details
    Schaumburg Former Bank Branch Facility
    $2,100,000
    8,184 SF

    Schaumburg Former Bank Branch Facility

    Vacant 8,184 SF bank branch on Roselle Road.

    275 S Roselle Rd, Schaumburg, IL 60193
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Richmond, KY Out Parcel Land
    $1,400,000
    1.71 Acres

    Richmond, KY Out Parcel Land

    1.71 acre outparcel ideal for retail, restaurant, or office.

    2072 Merchant Drive, Richmond, KY 40475
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    Commercial Land on Robinson Road
    $149,000
    2.60 Acres

    Commercial Land on Robinson Road

    2.6-acre commercial development site in Lockport, NY.

    6071 Robinson Rd, South, Lockport, NY 14094
    View details
    Development-Ready Site on Highway 412
    $735,000
    8,252 SF

    Development-Ready Site on Highway 412

    Turn-key site with city-approved plans and high traffic exposure.

    -- Highway 412, E Kenwood, Siloam Springs, AR 72761
    View details
    Prime Pad Site Opportunity
    Contact for pricing
    4,356 SF

    Prime Pad Site Opportunity

    Pad site available for ground lease in Toms River.

    1922 Hooper Avenue, Toms River, NJ 8753
    View details

    Off-Market Properties in Palatine, IL

    Consider similar Off-Market properties in Palatine, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1589 Rand Rd
    FINANCIAL BUILDING
    Estimated value
    $1,825,000

    1589 Rand Rd, Palatine, IL 60074-2919

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    1951 Plum Grv Rd
    FINANCIAL BUILDING
    Lot: 0.57 Acres
    Estimated value
    $1,440,000

    1951 Plum Grv Rd, Palatine, IL 60067-7258

    View details
    50 Brockway St
    FINANCIAL BUILDING
    Lot: 0.15 Acres
    Value Estimation by Request

    50 Brockway St, Palatine, IL 60067-5076

    View details
    35 Brockway St
    FINANCIAL BUILDING
    Lot: 0.19 Acres
    Value Estimation by Request

    35 Brockway St, Palatine, IL 60067-6112

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    50 Brockway St
    FINANCIAL BUILDING
    Lot: 0.54 Acres
    Value Estimation by Request

    50 Brockway St, Palatine, IL 60067-5076

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    988 Dundee Rd
    FINANCIAL BUILDING
    Value Estimation by Request

    988 Dundee Rd, Palatine, IL 60074

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    825 Euclid Ave
    FINANCIAL BUILDING
    Lot: 1.55 Acres
    Value Estimation by Request

    825 Euclid Ave, Palatine, IL 60067-7301

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    205 Wnw Hwy
    FINANCIAL BUILDING
    Lot: 1.12 Acres
    Value Estimation by Request

    205 Wnw Hwy, Palatine, IL 60067-2412

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    1 Wnw Hwy
    FINANCIAL BUILDING
    1,652 SF Lot: 1.41 Acres
    Estimated value
    $530,000

    1 Wnw Hwy, Palatine, IL 60067-3570

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    110 Palatine Rd
    FINANCIAL BUILDING
    Lot: 0.60 Acres
    Value Estimation by Request

    110 Palatine Rd, Palatine, IL 60067-5104

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    515 Hicks Rd
    FINANCIAL BUILDING
    Value Estimation by Request

    515 Hicks Rd, Palatine, IL 60067-3608

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    1350 Rand Rd
    FINANCIAL BUILDING
    Lot: 1.02 Acres
    Value Estimation by Request

    1350 Rand Rd, Palatine, IL 60074-2918

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    1582 Rand Rd
    FINANCIAL BUILDING
    Lot: 0.71 Acres
    Value Estimation by Request

    1582 Rand Rd, Palatine, IL 60074-8506

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    1131 Dundee Rd
    FINANCIAL BUILDING
    Lot: 0.88 Acres

    1131 Dundee Rd, Palatine, IL 60074-8306

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    621 Dundee Rd
    FINANCIAL BUILDING
    Lot: 0.96 Acres
    Value Estimation by Request

    621 Dundee Rd, Palatine, IL 60074-2817

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    700 Euclid Ave
    Lifestyle centers
    127,973 SF
    Value Estimation by Request

    700 Euclid Ave, Palatine, IL 60067

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    1582 Rand Rd
    FINANCIAL BUILDING
    Lot: 0.75 Acres
    Value Estimation by Request

    1582 Rand Rd, Palatine, IL 60074-8506

    View details
    1586 Rand Rd
    FINANCIAL BUILDING
    Lot: 1.04 Acres
    Value Estimation by Request

    1586 Rand Rd, Palatine, IL 60074-8506

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    1375 Palatine Rd
    FINANCIAL BUILDING
    Lot: 1.63 Acres
    Value Estimation by Request

    1375 Palatine Rd, Palatine, IL 60067

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    720 Dundee Rd
    FINANCIAL BUILDING
    Lot: 0.81 Acres

    720 Dundee Rd, Palatine, IL 60074-2858

    View details
    1 Enw Hwy
    FINANCIAL BUILDING
    Lot: 2.24 Acres
    Value Estimation by Request

    1 Enw Hwy, Palatine, IL 60067-1708

    View details

    Palatine, IL Banks Investment Opportunities Market Analysis

    Explore 23 banks for sale in Palatine, IL on our real estate platform. These investment opportunities span a total of 43,000 square feet of properties for sale, with an estimated market value of $5,000,000.

    Sale prices for bank buildings in Palatine, IL start at $2,500,000, averaging $2,500,000, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Shopping centers 14
    Automotive properties 4
    Storefront properties 4
    Banks 3
    Grocery and convenience stores 3

    Demographics Overview

    Population 74K
    Population Growth (5Y) -4.1%
    Median Household Income $102,227
    College Educated 19.9%

    High-Yield Neighborhoods for Investment

    Identify Palatine submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60067 $2.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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