This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/18
$75,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/18
Property Description
Only Business sale! This is located in a mixed-use building with direct access to surrounding commercial establishments. Just steps from the train station, providing easy commuting. Close to shops, restaurants, and local businesses, making this property highly desirable for convenient urban living.
Full Property Details
Full Property Details for 220 N Smith St
General
- Price: $75,000
- Taxes: $9,999 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12555156
- Updated: 1/27/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Restaurant
- Years in Business: Less than
Location
- Area: Palatine
- County: Cook
- Driving Directions: From Palatine Rd, head north on Smith St. The property is located at 220 N Smith St, Palatine, on the east side of the street.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 1
- Square Feet: 9,999,999
Lot Features
- Lot Size (Sq. Ft.): 9,999,999
- Lot Dimensions: 9999
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $9,999
- Tax Amount: $9,999
- Tax Year: 2024
Disclosures and Reports
- Property ID: 99999990000000
Listed by Utopia Real Estate Inc.
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 220 N Smith St
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Gray M Sanborn Elementary School 101 North Oak Street, Palatine, IL 60067 | K-5 | 0.6 mi |
Walter R Sundling Jr High School 1100 North Smith Street, Palatine, IL 60067 | 6-8 | 1 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 220 N Smith St
Date
Details
Price
Change
Source
1/27/2026
Listed
$75,000
-99.32%
MLS
12/12/2003
Sold
$10,955,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 220 N Smith St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$641,968
17%
$2,168,447
13%
2022
$548,221
4%
$1,914,141
18%
2021
$527,464
-8%
$1,624,105
-9%
2020
$570,548
6%
$1,783,394
-5%
2019
$540,252
5%
$1,883,799
14%
2018
$514,206
11%
$1,654,631
9%
2017
$464,761
5%
$1,524,350
-3%
2016
$443,806
-5%
$1,565,212
2%
2015
$469,426
-15%
$1,527,824
-16%
2014
$552,942
3%
$1,821,784
—
2013
$536,974
3%
$1,815,578
-6%
2012
$519,891
—
$1,939,147
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 220 N Smith St
220 N Smith Street, Palatine, IL 60067 (MLS# 12555156) is a Business property. 220 N Smith Street is currently listed for $75,000 and was received on January 27, 2026. Want to learn more about 220 N Smith Street? Do you have questions about finding other Business real estate for sale in Palatine? You can browse all Palatine real estate or contact a Coldwell Banker agent to request more information.

