SQUARE FEET21,500
MLS#12364736
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 1.00 Acres
Stories: 2.0
Year Built: 2003
Feature Descriptions
Current Use: Commercial
Electric: Circuit Breakers
Fire Protection: Sprinklers
Frontage Type: City Street, Paved
HVAC: Central Bldg Heat
Location: Central Business District, Mixed Use Area, Public Transport Avail, In City Limits, High Traffic Area
Lot Dimensions: 329X244.54X237.49X88.59
Number of Tenant(s): 1
Parcel#: 02154000550000
Parking: 19-30 Spaces
Tenant Pays: Varies by Tenant
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 847-616-9910
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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180 N Smith Street | MLS# 12364736
This commercial property located at 180 N Smith Street, Palatine, IL 60067 is currently listed for sale with an asking price of $2,500,000. Search Palatine real estate on www.bhhscrosby.com today.