Investment Overview
Presenting an exceptional investment opportunity at 60 N Bothwell St, Palatine, IL, 60067. This historic 7,709 SF building, with 4 units, provides a prime investment for retail and street retail investors. Originally constructed in 1889 and thoughtfully renovated in 2000, this property seamlessly blends historic charm with modern functionality. Zoned P and boasting 100% occupancy, it offers a strong and stable income stream. The property's strategic location in the Palatine area further enhances its investment appeal. With a rich history and strong rental performance, this property stands as a compelling opportunity for investors looking to establish or expand their retail portfolio.
Investment Highlights
- 7,709 SF mixed-use property
- Turn-key restaurant with bar, dining, and banquet space
- Outdoor patio seating
- All FF&E included (excellent condition)
- Two residential units (2-bed / 1-bath)
- Additional retail storefront income
- Fully occupied (100%)
- One block from Metra station
- Located in downtown Palatine
- Surrounded by new development
- Building rehabbed in 2000