999 N Confidential Street, Palatine, IL 60067

  • $3,900,000
  • $3,900,000
999 N Confidential Street, Palatine, IL 60067
  • Land
  • Property Type
For Sale
999 N Confidential Street, Palatine, IL 60067
  • $3,900,000
  • $3,900,000

Overview

Property ID: 24016329
  • Land
  • Property Type

Description

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.

  • Address 999 N Confidential Street
  • City Palatine
  • State/county IL
  • Zip/Postal Code 60067
  • Country United States

Details

Updated on August 27, 2024 at 5:00 am
  • Property ID: 24016329
  • Price: $3,900,000
  • Land Area: 1 Acres
  • Property Type: Land
  • Property Status: For Sale
  • MLS#: MRD12119741
  • Office Name: COMPASS
  • Agent Name: Sharon Dolezal
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD6165
  • List Agent MLSID: MRD30345
  • List Date: 2024-07-24T14:35:43.000Z
  • Cooling: Central Air
  • Tax Annual: 114475
  • Tax Year: 2022
  • County: Cook
  • High School: Wm Fremd High School

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