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Entity Owned Property summary
This exceptional 10,000 square foot commercial building at 117 W Slade Street in Palatine, IL, presents a unique investment opportunity. Its prime location offers unparalleled visibility to the downtown area and is just steps from the train station, ensuring convenient access for employees and customers. Ample street parking is readily available, supplemented by nearby municipal lots. Seven additional parking spaces are located behind the building. The building itself is exceptionally… well-maintained, boasting a newer roof and recently completed tenant build-outs. Currently housing a long-established restaurant, ice cream shop, and photography studio – all thriving businesses with a proven track record, even during challenging economic times – this property offers immediate income potential. The upper level, previously a dance studio, features an expansive open space perfect for a variety of uses. This area boasts impressive 20-foot beamed ceilings, floor-to-ceiling windows, ceiling fans, central air and heat, a full kitchen, three bathrooms, a large changing room, additional office space, storage, and a smaller warm-up room. Its adaptability makes it ideal for a dance studio, martial arts dojo, yoga studio, fitness center, event/banquet space, or similar ventures. The property's proximity to the Metra station and the proposed new Bears stadium further enhances its desirability and long-term growth potential. This is a rare opportunity to acquire a well-maintained, multi-tenant building in a highly desirable and rapidly developing area. The asking price is $819,900.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.15 ac
- Year built
- 1924
- APN
- 02-15-429-003
- Assessed value · 2022
- $76,318
- Annual tax · 2022
- $21,858
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
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- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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