Welcome to downtown Palatine, sitting on an acre of land, this 21,500 square feet building built in 2003 is comprised of a restaurant with a full kitchen, bar setup on every level with a mezzanine leading to a rooftop deck, the building is complete with a drive thru lane. The site was previously proposed for redevelopment with a new 6 story mixed use building, complete with a rooftop amenity deck and 9,900 square feet of ground floor commercial space. The retail commercial space is divisible and includes approximately 1,250 square feet of covered patio area. The proposed development includes approximately 52 residential units located on floors 2-6, made up of 2 bedrooms/2 bath units and 2 bedrooms+den/2 bath units. The rooftop residential amenity deck to include an enclosed amenity area, terraces, and elevator access. The building is accessible to the Palatine Metra rail line, and is within the transit oriented development area parking requirements. With an existing 42 surface spaces. Palatine is a thriving commercial trade area - an ideal location for ambitious professionals and businesses alike. Contributing to an engaging and vibrant community atmosphere that's primed for continued growth and development.

Listing Courtesy of MRED as distributed by MLS Grid of Compass Sharon.Dolezal@compass.com



Based on information submitted to the MLS GRID as of 2024-09-20 03:55 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-09-20 03:55 AM UTC
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