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410 N Northwest Highway Palatine, IL 60067 • Land - Commercial • New

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  • 410 N Northwest Highway , Palatine, IL 60067 Main Photo

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Description

Highly visible corner site at the northwest corner of Northwest Hwy. (US-14) and E. Robertson St. in Palatine, just south of a signalized intersection. Available for sale at $300,000 or ground lease at $25,000/year absolute NNN. Approx. 16,117 SF (0.37 acre) zoned B-2 General Business, with an existing approx. 495 SF one-story former gas station structure and pylon sign. Strong daily traffic of approx. 21,600-27,500 vehicles on Northwest Hwy. and 28,300 on Hicks Rd. , minutes from the Palatine Metra station and surrounded by established retail and residential. Well suited for a small-format user such as quick-service, drive-thru coffee, auto service or neighborhood retail, subject to municipal approvals and recorded use restrictions. Former fuel station site. Buyer/tenant responsible for own due diligence and to verify all information. Lot is vacant; drive by anytime. Interior access to the structure provided during due diligence.

Property Highlights

Property Type: Land - Commercial
Total Acres: 0.37 Acres
Utilities: Electric to Site

General Information

County: Cook
Listed By:
Keller Williams Experience 630-598-0755
MRED MLS
$300,000
Est. $2,095/mo
New to the Market New
LOT SIZE 0.370 acres MLS#12794130
STATUSNew PROPERTY TYPELand - Commercial SCHOOLDistrict 211

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Ruhl&Ruhl Realtors
563.441.1776

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410 N Northwest Highway , Palatine, IL 60067.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $300,000$300,000$300,000
Down Payment $60,000$10,500$75,000
Monthly Mortgage Amount $1,577$1,935$1,945
Taxes $418$418$418
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $2,095$2,585$2,463

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