Iconic Palatine Commercial Redevelopment
180 N Smith St Palatine, IL
For Sale
Contact for pricing
21,500 SF building with redevelopment potential in downtown Palatine.
Property Size21,500 SF
Lot Size1.06 Acres
Price / SF$116.28
Days on Market390
Property Features for 180 N Smith St
General Information
Standard status
Active
Size
21,500 SF
Lot size
1.06 Acres
Property subtype
RETAIL
Listing Agency:
Century 21 - SGR | Chicago (North)
(773) 575-2779
Listed By:
Myra Nimchaiyong · License #471018194
(773) 575-2779
Source:
Moodyscre
Added: Jul 4, 2025
Changed: Jul 6
Last Checked: Jul 23 at 8:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 - SGR | Chicago (North)
Investment Insights
Based on property information with market context.
This 21,500 square foot building, constructed in 2003, is located in downtown Palatine, across from the Palatine train station. The building includes a bar and restaurant with a full kitchen, a 7,000 square foot entertainment venue featuring a mezzanine that leads to a rooftop deck, and an adjacent 2,500 square foot bank with a drive-thru lane. Situated on one acre, the site has received prior approval for redevelopment into a six-story mixed-use building. The approved plans include a rooftop amenity deck and 9,900 square feet of ground-floor commercial space, which is divisible and incorporates approximately 1,250 square feet of covered patio area. The proposed development features around 52 residential units on floors 2-6, consisting of two-bedroom/two-bath units and two-bedroom-plus-den/two-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 42 existing surface spaces. Palatine is a thriving commercial trade area.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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Frequently Asked Questions
What type of property is this?
Bar & Pub - 21,500 SF building with redevelopment potential in downtown Palatine.
Where is this bar & pub located?
The property is located at 180 N Smith St Palatine, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 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.
