501 N Hicks Road

Palatine, IL
$ 1,100,000 Beds 0 Baths 0 Sq 2,650
Monthly Estimate* How much can I afford?

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 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,

Commercial

  • Price
  • $ 1,100,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,650
  • Full Bathrooms
  • 0
  • Year Built
  • 1995
  • Half Bathrooms
  • 0
  • City, Zip
  • Palatine
  • Taxes
  • $ 36243
  • County
  • COOK
  • Style
  • Commercial,Office and Research,Retail,Elderly Hous
  • Area
  • Palatine
  • MLS#
  • 10280511
  • Zip
  • 60067
Listing Provided by: @properties Commercial
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

Additional Parcels Y/N No
City Palatine
Construction Materials Brick, Concrete
Cooling Central Air
County Cook
Current Use Commercial, Office
Days on Market 830
Directions NW HIGHWAY IN PALATINE TO HICKS RIGHT, NEXT TO MARIANOS
Electric Circuit Breakers, 101-200 Amps
Flooring Carpet, Concrete, Tile, Varies, Wood
Leasable Area 2650
MLS Area Palatine
Possession Closing, Immediate
Possible Use Commercial, Office and Research, Retail, Elderly Housing
Property Type Retail/Stores
Property Type Commercial Sale
Roof Membrane, Reflective Coating
Standard Status Active
Status Active
Stories 1
Street Name Hicks
Tax Annual Amount 36243
Tax Year 2018
Tenant Pays Varies by Tenant
Township Palatine
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Water-Community, Water-Municipal, Water to Site
Year Built 1995
Zoning COMMR

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 2650
Exterior Brick
Foundation Details Block, Concrete Perimeter
Frontage Type City Street, Frontage Road, Public Road
Lot Dimensions 147X290X150X299
Lot Size Square Feet 42963
Total Parking 30

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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Schererville, IN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/23/2019 Listed $1,300,000
3/4/2020 4% - $1,249,000
7/27/2021 12% - $1,100,000

Property vs Zip Code Average in 60067

Price
AVG $190K
$1.1M
Taxes
AVG $27,702
$36,243
Visits
AVG 143
320
Year Built
AVG 1975
1995
Walkscore
AVG 51
39
Data Provided by Walkscore ® not using MLS data

Map

501 N Hicks Road Palatine, IL is a Single Family Home for sale at $1100000 with 2650 sqft and a lot size of Acre(s). 501 N Hicks Road Palatine has 0 bedrooms, 0 baths and was built in 1995. The property's zip code is 60067 which is in Palatine, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.