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501 N Hicks Rd
Palatine, IL 60067

Retail Property For Sale

Investment Highlights

  • GREAT FREESTANDING MASONRY COMMERCIAL RETAIL BUILDING, FULLY FUNCTIONAL FORMER BANK BRANCH B-1 ZONING, BUILDING IS 2650 SQ FEET, LOT IS 42,963 SQ FT
  • GREAT SIGNAGE, LARGE VERY BRIGHT WINDOW LINE, FANTASTIC UNDER CANOPY QUADRUPLE DRIVE THRU WITH PAVED CIRCLE DRIVEWAY, PAVED SIDE & REAR DRIVE
  • WITH EXTRA LAND AVALIABLE FOR ADDITIONAL PARKING, LARGE SECURE BASEMENT STORAGE, GREAT RETAIL POTENTIAL HERE, BUILDING IS IN VERY GOOD SHAPE,
  • RIGHT OFF THE INTERSECTION OF NW HIGHWAY (30,000 VPD) AND HICKS ROAD (19,100 VPD) RIGHT NEXT TO MARRIANOS AND PNC BANK,
  • ONE LANE COULD BE AN ATM, 2 CURB CUTS, 200 AMP ELECTRIC SYSTEM, LARGE PAVED PARKING LOT ON FRONT AND SIDE FOR 30 CARS
  • AREA RETAILERS INCLUDE ACE HARDWARE, SUBWAY, TACOBELL, PHOTOS HOTDOGS, STARBUCKS, LOU MALNATIS, WENDYS, AUTOZONE, BAKERS SQUARE. PUBLIC BUS TRANS NEAR

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,650 SF
Building Class
B
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.99 AC
Zoning
B-1, Palatine
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)

About 501 N Hicks Rd , Palatine, IL 60067

GREAT FREESTANDING MASONRY COMMERCIAL RETAIL BUILDING, FULLY FUNCTIONAL FORMER BANK BRANCH B-1 ZONING, BUILDING IS 2650 SQ FEET, LOT IS 42,963 SQ FT, RIGHT OFF THE INTERSECTION OF NW HIGHWAY (30,000 VPD) AND HICKS ROAD (19,100 VPD) RIGHT NEXT TO MARRIANOS AND PNC BANK, GREAT SIGNAGE, LARGE VERY BRIGHT WINDOW LINE, FANTASTIC UNDER CANOPY QUADRUPLE DRIVE THRU WITH PAVED CIRCLE DRIVEWAY, PAVED SIDE & REAR DRIVE ONE LANE COULD BE AN ATM, 2 CURB CUTS, 200 AMP ELECTRIC SYSTEM, LARGE PAVED PARKING LOT ON FRONT AND SIDE FOR 30 CARS, WITH EXTRA LAND AVAILABLE FOR ADDITIONAL PARKING, LARGE SECURE BASEMENT STORAGE, AREA RETAILERS INCLUDE ACE HARDWARE, SUBWAY, TACOBELL, PHOTOS HOTDOGS, STARBUCKS, LOU MALNATIS, WENDYS, AUTOZONE, BAKERS SQUARE. PUBLIC BUS TRANS NEARBY, CURRENTLY BUILT OUT AS A MEDICAL CENTER, GREAT RETAIL POTENTIAL HERE, BUILDING IS IN VERY GOOD SHAPE, IDEAL FOR A VARIETY OF COMMERCIAL USES, CAN BE USED FOR A RESTAURANT, FAST FOOD, COFFEE, RETAIL, OFFICE, LAUNDRY, EXPRESS GYM, PHYSICAL FITNESS/REHAB, MEDICAL, DENTAL, INSURANCE, REAL ESTATE, LAWYER, DAY CARE, OR SOME OTHER PROFESSIONAL USE OR YOU CAN REDEVELOP, PIN – 02142000120000, DO NOT BOTHER TENANT, CALL LISTING AGENT FOR A SHOWING,

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-14-200-012-0000
Land Assessment
$107,405
Improvements Assessment
$49,013
Total Assessment
$156,418
  • Listing ID: 15259307

  • Date on Market: 2/22/2019

  • Last Updated:

  • Address: 501 N Hicks Rd, Palatine, IL 60067

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