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- LoopNet Team
300 N Northwest Hwy
Palatine, IL 60067
Retail Property For Sale

Property Facts
- Restaurant
- General Retail Daycare Center
- General Retail Freestanding
- General Retail Storefront
Amenities
- Pylon Sign
About 300 N NORTHWEST HWY , PALATINE, IL 60067
Palatine!!Aprox. 199 ft of frontage on Northwest Hghwy!4 lots- 2 PINS and one 26 year old operating restaurant that does great business. Owner is retiring. B-2 zoning ! Next to new drive thru's like Starbucks, shopping centers,Walgreens,many other restaurants.In a SBIF/TIF! Call agent for Palatine building guidelines.Land is apx 27000 ASF. Existing Building is apx 5400 ASF with a full basement.4 A/C units on roof,2 Furnaces,ADA baths and employee bath,Roof 10 years ,3 Phase 220 Electric. Parking for 53 cars and current floor plan seats 160.Perfect for keeping the same, re concepting as a new restaurant,banquet, Day Care,Retail concept or for re development of land. Do not disturb employees or owner!!! P and L available upon signed Non Disclosure.Current owner has lease for $6500 Net.Would be willing to sell business separately$225k depending on terms.
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $93,336 |
| Land Assessment | $86,665 | Total Assessment | $180,001 |
Property Taxes
- 02-14-308-040-0000
- 02-14-308-043-0000
Listing ID: 11737754
Date on Market: 2/26/2018
Last Updated:
Address: 300 N Northwest Hwy, Palatine, IL 60067
The Downtown Palatine Retail Property at 300 N Northwest Hwy, Palatine, IL 60067 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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