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Lamplighter Inn Tavern & Grille 60 N Bothwell St 7,709 SF Retail Building Palatine, IL 60067 $1,800,000 ($233.49/SF)
INVESTMENT HIGHLIGHTS
- Retail store plus 2 two bedroom, 1 bath apartments (41 W. Wilson St.)
- All restaurant equipment and furniture is in excellent condition.
- Large banquet room equipped with bar and entertainment stage and two commercial size freezers in basement.
- Prime location in downtown Palatine.
- Building completely rehabbed in 2000.
- Retail store plus 2 two bedroom, 1 bath apartments (41 W. Wilson St.)
EXECUTIVE SUMMARY
Turn-Key restaurant space with outdoor patio.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,709 SF
Building Class
C
Year Built/Renovated
1859/2000
Price
$1,800,000
Price Per SF
$233.49
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.09 AC
Zoning
B3 - Commercial
Frontage
AMENITIES
- Metro/Subway
- Tenant Controlled HVAC
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-15-423-004-0000 | Improvements Assessment | $22,887 (2024) |
| Land Assessment | $2,113 (2024) | Total Assessment | $25,000 (2024) |
PROPERTY TAXES
Parcel Number
02-15-423-004-0000
Land Assessment
$2,113 (2024)
Improvements Assessment
$22,887 (2024)
Total Assessment
$25,000 (2024)
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Lamplighter Inn Tavern & Grille | 60 N Bothwell St
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