Sold
117 W Slade Street
Palatine IL, 60067
$775,000
$77.50 per sqft
Sold
10,000 sqft
Commercial
Built in 1943
Courtesy of Thomas P. Jacobs Realty Group Inc.
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!
11618529
MLSⓇ ID
August 31, 2022
Listed
March 28, 2024
Updated
Map
117 W Slade Street
Palatine IL, 60067
Interior Features
Total Stories
2
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Wall Sleeve
Heating
No
Exterior/Building Features
Lot Size
0.2 Acres
Other Property Details
Area Name
Palatine
Taxes
$43,990
Tax Frequency
Annually
Days on Market
72
Garage
No
View
No
County
Cook
Municipality
Palatine
Pool
No
Zoning
COMMR
Buyer Agency Compensation
2.5% MINUS $495
Courtesy of Thomas P. Jacobs Realty Group Inc., Laurie Jacobs,
Listing Contact: 312-561-8954
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Data last updated 4:19 AM UTC, 3/28/2024
