Palatine, IL Banks for Sale

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Updated: Jul 4, 2025

Iconic Palatine Commercial Redevelopment Opportunity

180 N Smith St, Palatine, IL

$2,500,000

21,500 sqft 1.06 AC lot

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.

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Updated: Jun 3, 2024

Retail, Land, Special Purpose

180 N Smith St, Palatine, IL 60067

$2,500,000

21,500 sqft 1.00 AC lot

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.

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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.

Elston Avenue Retail/Showroom Opportunity

3541-3545 Elston Ave, Chicago, IL 60618

$1,300,000

5,000 sqft 0.28 AC lot

3541 N. Elston

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New U.S. Bank Ground Lease

1297 E Higgins Rd, Schaumburg, IL 60173

$4,500,000

3,870 sqft

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

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Freestanding Bank Building with Drive-Thru

2209 W Howard Street, Chicago, IL 60645

Contact for pricing

Freestanding former bank with in-place drive-thru and monument signage on a signalized hard corner with approximately 16,500 VPD exposure.

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Schaumburg Former Bank Branch Facility

275 S Roselle Rd, Schaumburg, IL 60193

$2,100,000

8,184 sqft

Vacant 8,184 SF bank branch on Roselle Road.

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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

2072 Merchant Drive, Richmond, KY 40475

$1,400,000

1.71 AC lot

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

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Hard-Lighted Corner Development Site

-- Highway 412, E Kenwood, Siloam Springs, AR 72761

$735,000

8,252 sqft 1.47 AC lot

Entitled, turn-key development parcel with hard-lighted corner and highway frontage off Hwy 412 for multiple commercial uses.

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Commercial Land in Terrytown

121 Holmes Boulevard, Terrytown, LA 70056

$65,000

Vacant commercial land ready for development in Terrytown, Louisiana.

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Cape Coral Commercial Land Opportunity

Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

$1,692,300

2.59 AC lot

Corner property near US 41, approved for development.

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.

FINANCIAL BUILDING

1589 Rand Rd, Palatine, IL 60074-2919

$1,825,000

Estimated value

View details

FINANCIAL BUILDING

1951 Plum Grv Rd, Palatine, IL 60067-7258

$1,440,000

Estimated value

0.57 AC lot

View details

FINANCIAL BUILDING

50 Brockway St, Palatine, IL 60067-5076

Value Estimation by Request

0.15 AC lot

View details

FINANCIAL BUILDING

35 Brockway St, Palatine, IL 60067-6112

Value Estimation by Request

0.19 AC lot

View details

FINANCIAL BUILDING

50 Brockway St, Palatine, IL 60067-5076

Value Estimation by Request

0.54 AC lot

View details

FINANCIAL BUILDING

988 Dundee Rd, Palatine, IL 60074

Value Estimation by Request

View details

FINANCIAL BUILDING

825 Euclid Ave, Palatine, IL 60067-7301

Value Estimation by Request

1.55 AC lot

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FINANCIAL BUILDING

205 Wnw Hwy, Palatine, IL 60067-2412

Value Estimation by Request

1.12 AC lot

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FINANCIAL BUILDING

1 Wnw Hwy, Palatine, IL 60067-3570

$530,000

Estimated value

1,652 sqft 1.41 AC lot

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FINANCIAL BUILDING

110 Palatine Rd, Palatine, IL 60067-5104

Value Estimation by Request

0.60 AC lot

View details

FINANCIAL BUILDING

515 Hicks Rd, Palatine, IL 60067-3608

Value Estimation by Request

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FINANCIAL BUILDING

1350 Rand Rd, Palatine, IL 60074-2918

Value Estimation by Request

1.02 AC lot

View details

FINANCIAL BUILDING

1582 Rand Rd, Palatine, IL 60074-8506

Value Estimation by Request

0.71 AC lot

View details

FINANCIAL BUILDING

1131 Dundee Rd, Palatine, IL 60074-8306

Value Estimation by Request

0.88 AC lot

View details

FINANCIAL BUILDING

621 Dundee Rd, Palatine, IL 60074-2817

Value Estimation by Request

0.96 AC lot

View details

Lifestyle centers

700 Euclid Ave, Palatine, IL 60067

Value Estimation by Request

127,973 sqft

View details

FINANCIAL BUILDING

1582 Rand Rd, Palatine, IL 60074-8506

Value Estimation by Request

0.75 AC lot

View details

FINANCIAL BUILDING

1586 Rand Rd, Palatine, IL 60074-8506

Value Estimation by Request

1.04 AC lot

View details

FINANCIAL BUILDING

1375 Palatine Rd, Palatine, IL 60067

Value Estimation by Request

1.63 AC lot

View details

FINANCIAL BUILDING

720 Dundee Rd, Palatine, IL 60074-2858

Value Estimation by Request

0.81 AC lot

View details

FINANCIAL BUILDING

1 Enw Hwy, Palatine, IL 60067-1708

Value Estimation by Request

2.24 AC lot

View details

Palatine, IL Banks Market Trends and Statistics

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

Commercial property segments ranked by active listings on the market

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 average listing prices of real estate assets

Neighborhood	Average Price
60067	$2.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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Palatine, IL Banks for Sale

180 N Smith St, Palatine, IL

180 N Smith St, Palatine, IL 60067

Opportunities in Nearby Cities

3541-3545 Elston Ave, Chicago, IL 60618

1297 E Higgins Rd, Schaumburg, IL 60173

2209 W Howard Street, Chicago, IL 60645

275 S Roselle Rd, Schaumburg, IL 60193

Potential Development Sites for Consideration

2072 Merchant Drive, Richmond, KY 40475

-- Highway 412, E Kenwood, Siloam Springs, AR 72761

121 Holmes Boulevard, Terrytown, LA 70056

Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

Off-Market Properties in Palatine, IL

1589 Rand Rd, Palatine, IL 60074-2919

1951 Plum Grv Rd, Palatine, IL 60067-7258

50 Brockway St, Palatine, IL 60067-5076

35 Brockway St, Palatine, IL 60067-6112

50 Brockway St, Palatine, IL 60067-5076

988 Dundee Rd, Palatine, IL 60074

825 Euclid Ave, Palatine, IL 60067-7301

205 Wnw Hwy, Palatine, IL 60067-2412

1 Wnw Hwy, Palatine, IL 60067-3570

110 Palatine Rd, Palatine, IL 60067-5104

515 Hicks Rd, Palatine, IL 60067-3608

1350 Rand Rd, Palatine, IL 60074-2918

1582 Rand Rd, Palatine, IL 60074-8506

1131 Dundee Rd, Palatine, IL 60074-8306

621 Dundee Rd, Palatine, IL 60074-2817

700 Euclid Ave, Palatine, IL 60067

1582 Rand Rd, Palatine, IL 60074-8506

1586 Rand Rd, Palatine, IL 60074-8506

1375 Palatine Rd, Palatine, IL 60067

720 Dundee Rd, Palatine, IL 60074-2858

1 Enw Hwy, Palatine, IL 60067-1708

Palatine, IL Banks Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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