Address
999 Confidential Road, Palatine, IL
Price
$ 850,000
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

Property vs Business Op Average in 60074

Price
AVG $660K
$850K
Taxes
AVG $14,632
$24,248
Visits
AVG 150
59
Data Provided by Inside Real Estate®