180 N Smith St Palatine, IL
21,500 SF building with redevelopment potential in downtown Palatine.
Type:RETAIL
Property size:
21,500 SFLot size:
1.06 Acres- Added:
- Jul 4, 2025
- Days on Market:
- 272
- Last Refresh:
- Mar 29 at 8:36 pm
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 agent Myra Nimchaiyong License #471018194 (773) 575-2779
Listing office Century 21 - SGR | Chicago (North) (773) 575-2779
Listing date Jul 4, 2025
Source Moodyscre
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)
Overview
Iconic Palatine Commercial Redevelopment Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Durty Nellie's Gastropub ...
Bar & Pub
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Location Insight
- Map
- Local Demand
- City
- Palatine
- County
- Cook
- State
- Illinois
- Longitude
- -88.0493
- Latitude
- 42.1137
Nearby Similar for Sale
FAQs
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.
