Financial
Distress signals
Property profile

180 Smith St Palatine, IL 60067

OFF-MARKET
Retail space
Property ID
US28-2036091
1 ac lot Built 2003
Last sale May 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$114k
Tax billed · 2022
Assessed value$400k
Assessed land$142k
Assessed improvement$258k
Effective rate28.64%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store12.9
Smoke and Vape Shop9.5
Hotel & Motel9.1

Location

180 Smith St Palatine, IL 60067-2401
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1108 Wnw, Palatine, IL 60067-2214 $960,000 Feb 2026 N/A
1951 Plum Grv, Palatine, IL 60067-7258 $1,300,000 Jan 2026 N/A
4880 Euclid, Palatine, IL 60067-7276 $980,000 Jun 2025 N/A
632 Colfax, Palatine, IL 60067-2356 $575,000 Apr 2025 N/A
660 1st Bank, Palatine, IL 60067-8112 $900,000 Mar 2025 8,064 SF
270 Enw, Palatine, IL 60067-8107 $1,975,000 Feb 2025 N/A
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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