• Broker Ian Pattison 8476503124

220-230 Hicks Pl 6,800 SF 100% Leased Retail Building Palatine, IL 60067 $749,000 ($110.15/SF)

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INVESTMENT HIGHLIGHTS

  • Rooftop Solar Panels Convey with Sale of Property
  • Spacious Apartment Perfect for Live-Work Arrangement
  • Separately Metered Utilities
  • Large Detached Garage + Additional Public Parking Available Directly in Front & Adjacent to Building
  • Nearby Downtown Palatine
  • Excellent Exposure to Both Pedestrian & Vehicle Traffic

EXECUTIVE SUMMARY

Property is currently 100% vacant offering great opportunity for either owner/user or investment

ATTACHMENTS

Brochure - 220-230 Hicks Place in Palatine

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,800 SF
Building Class
C
Year Built
1950
Price
$749,000
Price Per SF
$110.15
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.74
Lot Size
0.21 AC
Zoning
B-2, Palatine - General Business
Parking
7 Spaces (1.03 Spaces per 1,000 SF Leased)

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Hicks Place N Hicks Rd, SE 2,864 2025 0.02 mi
Hicks Pl N Hicks Rd, SE 2,879 2024 0.03 mi
East Northwest Highway E Colfax St, N 27,308 2024 0.05 mi
US 14 N Northwest Hwy, N 25,753 2025 0.11 mi
East Northwest Highway E Palatine Rd, S 29,490 2025 0.12 mi
US 14 - 25,859 2023 0.13 mi
US 14 E Palatine Rd, S 28,400 2021 0.17 mi
N Hicks Rd E Palatine Rd, S 29,501 2023 0.17 mi
US 14 E Robertson St, S 25,798 2024 0.18 mi
N Hicks Rd E Robertson St, S 30,441 2025 0.19 mi
Walk Score®
Very Walkable (82)

NEARBY MAJOR RETAILERS

Starbucks
Citi
Royal Bank of Canada
PNC Bank
Planet Fitness
Bakers Square
Jewel-Osco
Mariano's
Bank of America
Snap Fitness 24/7

PROPERTY TAXES

Parcel Number 02-14-319-001-0000 Improvements Assessment $45,411
Land Assessment $5,589 Total Assessment $51,000

PROPERTY TAXES

Parcel Number
02-14-319-001-0000
Land Assessment
$5,589
Improvements Assessment
$45,411
Total Assessment
$51,000

MAP

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  • Listing ID: 35176460

  • Date on Market: 3/18/2025

  • Last Updated: 6/23/2025

  • Address: 220-230 Hicks Pl, Palatine, IL 60067