$2,500,000

180 N Smith Street, Palatine IL, 60067

Price per sqft$116.28

Built in2003

Property size21,500 sqft

Property typeCommercial

Listed by Sharon Dolezal with Compass 847-616-9910

Overview

Under contract

Contingent

Listed May 14, 2025

Updated 4 days ago

Welcome to Iconic Durty Nellies in downtown Palatine, across the street from the Palatine train station. Built in 2003, the 21,500 square feet building is comprised of a bar/restaurant with a full kitchen, a 7,000 square feet entertainment venue with a mezzanine leading to a rooftop deck, and an adjacent 2,500 square feet bank with one drive thru lane. Sitting on an acre of land, the site has been previously approved 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 includes an enclosed amenity area, terraces, and elevator access. The building 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.

Additional information

MLS^® ID: 12364736

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 1 Acre

Other Property Details

Taxes: $118,330
Tax Frequency: Annually

Listed by Sharon Dolezal with Compass 847-616-9910

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Data is refreshed every 3 hours. Listing last updated 5:06 AM UTC on 9/19/2026.

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