117 W Slade Street

Palatine, Illinois 60067
Closed / MLS #11618529 / Retail Store / Palatine
Listing information updated 8/3/2023 at 1:30pm
This building is 80% occupied with a mixture of retail, restaurant and service. There is ample street parking as well as municipal lots in front of the building. Seven spaces behind the building are rarely used because free public lot space is always available. Very good visibility to the downtown area and steps from the train station. The building has been very well kept and has a newer roof and recent tenant build outs. The location is ideal, situated a short walk from the Metro stop and in close proximity to the proposed new Bears stadium. The restaurant is a local staple and althoug under newer ownership has been around for many years. The ice cream shop, photography studio and violin shop are all long term established businesses that thrived even through pandemic challenges. The only open space is a former dance studio with 20 ft beamed ceilings with floor to ceiling windows, ceiling fans, central air and heat, a full kitchen, 3 bathrooms, a large changing room off the entryway, additional expansive office space, storage and a smaller warm up space in the back. Ideal for a dance studio, martial arts dojo, yoga studio, fitness, event/banquet space and more!

Full Features

Built:
1943
Parking Spaces:
7
Cooling System:
Wall Sleeve
Stories:
2
Zoning:
COMMR
Rentable Square Feet:
5,000
Building Square Feet:
10,000
Current Net Income:
$95,700

Taxes & Assessments

Tax Amount:
$43,990
Tax Year:
2020

Location

Zip Code:
60067
City:
Palatine
County:
Cook

Listing Office: Thomas P. Jacobs Realty Group Inc.

Listing Office Phone: 312.561.8954

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/3/2023 at 1:30pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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117 W Slade Street is a retail store which sold for $775,000. This retail store has been listed on @properties since August 31st, 2022 and was built in 1943. The nearest transit stops include Palatine Metra Metra Union Pacific Northwest line.