Property summary
The property is a 21,500-square-foot building constructed in 2003 on a one-acre site in downtown Palatine, positioned across from the Palatine train station. The existing improvements include a bar and restaurant with a full kitchen, a 7,000-square-foot entertainment venue with a mezzanine and connection to a rooftop deck, and an adjacent 2,500-square-foot bank facility with a drive-thru lane. The site has prior approval for redevelopment into a six-story mixed-use building, with rooftop… amenity deck space and approximately 9,900 square feet of ground-floor commercial space that is designed to be divisible and includes about 1,250 square feet of covered patio area. The approved mixed-use plan contemplates approximately 52 residential units on floors 2 through 6, including two-bedroom/two-bath layouts and two-bedroom-plus-den/two-bath layouts, along with a rooftop residential amenity deck featuring an enclosed amenity area, terraces, and elevator access. The site is within the transit-oriented development area parking requirements and contains 42 existing surface parking spaces.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 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 · 13 properties nearbyComparable nearby
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Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that 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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- Value Estimation
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight