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DESCRIPTION

FREESTANDING MASONRY COMMERCIAL OFFICE 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 MARIANOS 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, RESTAURANT, FAST FOOD, COFFEE, RETAIL, OFFICE, LAUNDRY, EXPRESS GYM, PHYSICAL FITNESS/REHAB,

KEY DETAILS
  • Price:
  • $850,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 0.99
  • Year Built:
  • 1978
  • MLS #:
  • MRD11358640
  • Street Address:
  • 501 N Hicks Rd
  • City:
  • Palatine
  • State:
  • IL
  • Postal Code:
  • 60067
  • County:
  • Cook
  • Area:
  • Palatine
  • Listing Status:
  • For Sale - Active

Building

  • Exterior Description:
  • Brick
  • Flooring:
  • Carpet, Concrete, Tile, Varies, Wood
  • Foundation:
  • Block, Concrete Perimeter
  • Leasable Square Feet:
  • 2650
  • Stories:
  • 1
  • Type Of Roof:
  • Membrane, Reflective Coating
  • Year Built:
  • 1978

Land

  • Conforms To Zoning:
  • Commr
  • Existing Land Use:
  • Commercial, Office
  • Lot Square Footage:
  • 42963
  • Suitable Use:
  • Commercial, Office And Research, Retail, Elderly Housing

Listing

  • Days On Market:
  • 6
  • Originating Mls:
  • Mred

Money

  • Property Taxes:
  • $49,268
  • Tax Year:
  • 2020
  • Tenant Pays:
  • Varies By Tenant

Structures

  • Parking Spaces:
  • 30

Systems

  • Cooling System:
  • Central Air
  • Electricity:
  • Circuit Breakers, Service - 101 To 200 Amps
  • Utilities:
  • Electric To Site, Gas To Site, Sanitary Sewer, Water-Community, Water-Municipal, Water To Site

Source

  • Listing Provided By Equity Realty

    ILMRED
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NOTES

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