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

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,400 SF
Building Class
B
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.62 AC
Zoning
B-2
Parking
50 Spaces (9.26 Spaces per 1,000 SF Leased)
Frontage
199’ on N Northwest Hwy

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

Property Taxes

Parcel Numbers
Multiple
  • 02-14-308-040-0000
  • 02-14-308-043-0000
Land Assessment
$86,665
Improvements Assessment
$93,336
Total Assessment
$180,001
  • Listing ID: 11737754

  • Date on Market: 2/26/2018

  • Last Updated:

  • Address: 300 N Northwest Hwy, Palatine, IL 60067

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