
Property Attributes
- MLS#11828705
- TypeBusiness Op
- CountyCOOK
- CityPalatine
- AreaPalatine
- Zip60074
- StyleFood & Beverage,Grocery,Retail
- Taxes$ 24248
- Price$ 850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5500
- Lot Size0.521006 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
PRIME COMMERCIAL Business with Real Estate LOCATION WITH NORTH EXPOSURE//RECENTLY REMODELED 3-UNIT STRIP CENTER ON HIGH TRAFFIC RAND ROAD-RETAIL AREA ACROSS FROM AUTO DEALERSHIPS & MANY THRIVING BUSINESSES//INCLUDES ILLUMINATED ROAD SIGN with MAXIMUM EXPOSURE TO THOUSANDS OF DRIVERS DAILY//TENANTS PAY ALL UTILITIES//NEWER ENVIRONMENTALLY "white" REFLECTIVE ROOF//AND REAL ESTATE TAXES RECENTLY LOWERED BY $10,000! Best Positioned for Bears arrival to Arlington Heights only 5 minutes away!! You can View lot's more under Additional Information on this Listing.
Price History | |
---|---|
7/12/2023 | Listed $950,000 |
11/14/2023 | 11% - $850,000 |
General Features
Additional Parcels Y/N | No |
---|---|
Business Type | Food & Beverage, Grocery, Retail |
City | Palatine |
Construction Materials | Concrete |
Cooling | Central Individual |
County | Cook |
Current Use | Commercial |
Days on Market | 149 |
Directions | Route 53 North to Route 12 West to 1914 Rand Road // adjoining 1910 & 1912 in same strip center // Tremendous Traffic Pattern! |
Electric | Service - 101 to 200 Amps |
Energy Efficient | Roof |
Lease Type | N/A |
Lot Size Square Feet | 22695 |
MLS Area | Palatine |
Possession | Closing |
Possible Use | Commercial, Industrial, Office and Research, Retail |
Property Type | Business Opportunity |
Property Type | Bus / Bus w/Real Est |
Roof | Reflective Coating |
Standard Status | Active |
Status | Active |
Stories | 1 |
Street Name | Confidential |
Tax Annual Amount | 24248 |
Tax Year | 2022 |
Tenant Pays | Air Conditioning, Electricity, Heat, Janitorial Service, Scavenger, Sewer |
Total Actual Rent | 5062.5 |
Utilities | Electric to Site, Gas to Site, Sanitary Sewer, Water to Site |
Zoning | RTAIL |
Interior Features
Street Suffix | Road |
---|
Exterior Features
Building Area Total | 5500 |
---|---|
Frontage Type | City Street, Public Road |
Lot Dimensions | 99.4 X 202..3 X 99.7 X 201.2 |
Total Parking | 25 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool