Palatine, IL 60067 999 N Confidential Street

Presented By: Compass
  • MLS# 12119741
  • 07/24/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

Welcome to 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.
Presented By: Compass

Interior Features for 999 N Confidential Street

Bathrooms

Total Baths

General for 999 N Confidential Street

CityPalatine
CoolingCentral Air
CountyCook
Current UseRetail, Special Use
Days on Market62
DirectionsSmith Street North of Palatine Rd.
Elementary School District15
High SchoolWm Fremd High School
High School District211
MLS AreaPalatine
Middle/Junior School District15
Percent OwnershipFee Simple
PossessionClosing
Property TypeLand
Property TypeLand
Standard StatusActive
StatusActive
Tax Annual Amount114475
Tax Year2022
TownshipPalatine
UtilitiesElectric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Waterfront Y/NNo
ZoningCOMMR

Exterior for 999 N Confidential Street

Frontage Length329
Frontage TypeCity Street
Lot Dimensions329.18X244.54X237.49X88.59
Lot Size Acres1
Road Surface TypeAsphalt
Total Parking0

Additional Details

Price History

Schools

High School Wm Fremd High School
Elementary School N/A
Middle School N/A

Worth Clark

Price $3,500,000
MLS#12119741
List Date 07/24/2024
Property Type Land
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