Ashley Pankey
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
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
MLS ID: 12794130
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410 N Northwest Highway , Palatine, IL 60067.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 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 |
Ashley Pankey
REALTOR®
Cell: (309) 721-8830
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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