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Orthodontist 204-206 N Hicks Pl 3,000 SF Office Building Palatine, IL 60067 $488,572 CAD ($162.86 CAD/SF)



INVESTMENT HIGHLIGHTS
- Stand Alone Building
- High Traffic Area
- Retail Visibility
- Priced to Sell
EXECUTIVE SUMMARY
204 N Hicks Place offers an excellent investment opportunity in the heart of Palatine: a 3,000 SF free-standing building with incredible potential. Located in a high-traffic area, this property offers great visibility and easy access, making it a prime spot to attract a diverse customer base. Surrounded by a vibrant community, this property is an ideal choice for owner/users looking to establish a strong retail presence in a sought-after Palatine location.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$13,959
|
$4.65
|
| Operating Expenses |
$5,863
|
$1.95
|
| Total Expenses |
$19,822
|
$6.61
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $13,959 |
| Annual Per SF | $4.65 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $5,863 |
| Annual Per SF | $1.95 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $19,822 |
| Annual Per SF | $6.61 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built
1960
Price
$488,572 CAD
Price Per SF
$162.86 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,000 SF
Building FAR
0.46
Lot Size
0.15 AC
Zoning
B-2, Palatine - General Business
Parking
12 Spaces (4 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $85,315 CAD | |
| Land Assessment | $39,579 CAD | Annual Taxes | $13,959 CAD ($4.65 CAD/SF) |
| Improvements Assessment | $45,736 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$39,579 CAD
Improvements Assessment
$45,736 CAD
Total Assessment
$85,315 CAD
Annual Taxes
$13,959 CAD ($4.65 CAD/SF)
Tax Year
2024
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Orthodontist | 204-206 N Hicks Pl
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