Palatine IL Commercial for Sale

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Type:
Other
Sq.Ft.:
10,000
Status:
NEW LISTING
Beds:
n/a
Year built:
1943
Baths:
MLS#:
12169902

ADDITIONAL INFORMATION

There is ample street parking as well as municipal lots in front of the building. Seven spaces behind the building are rarely used because free public lot space is always available. Very good visibility to the downtown area and steps from the train station. The building has been very well kept and has a newer roof and recent tenant build outs. The location is ideal, situated a short walk from the Metro stop and in close proximity to the proposed new Bears stadium. The restaurant is a local staple and has been around for many years. The ice cream shop, photography studio are all long term established businesses that thrived even through pandemic challenges. The upper level has an open space and was a former dance studio with 20 ft beamed ceilings with floor to ceiling windows, ceiling fans, central air and heat, a full kitchen, 3 bathrooms, a large changing room off the entryway, additional expansive office space, storage and a smaller warm up space in the back. Ideal for a dance studio, martial arts dojo, yoga studio, fitness, event/banquet space and more!

Type:
Other
Sq.Ft.:
3,932
Status:
NEW LISTING
Beds:
n/a
Year built:
1868
Baths:
MLS#:
12165551

ADDITIONAL INFORMATION

Located directly in Downtown Palatine this Mixed Use building has prime location plus Cashflow! Any Investor's Dream 7.3 Cap Rate!! Just walking distance to the Palatine Metra Station, this unique Mixed Use building has 3 residential condos plus a Palatine staple, Darios, on the main level. Each Condo unit has 2 bedrooms plus 1 full bath along with their very own Washer and Dryer in Unit. Strong Rental history with long term tenants for all units! Not to mention, each condo has great patio space perfect for entertaining. Plumbing and electrical still intact with additional storage in lower level. Lots of Municipal parking surrounding the building. Zoned B-3 which includes many different uses. Owner pays only taxes and insurance. Prime Location just in time for the potential Bears Multi-Use Stadium project one train stop away. This is a must see!!

Type:
Other
Sq.Ft.:
5,175
Status:
Active
Beds:
n/a
Year built:
1975
Baths:
MLS#:
12143131

ADDITIONAL INFORMATION

Prime Commercial Property on Northwest Highway Seize the opportunity to acquire a highly visible building with exceptional traffic exposure on bustling Northwest Highway. This newly remodeled property features a spacious showroom, freshly updated and includes two separate offices to suit various business needs. The rear of the property offers ample warehouse space with high ceilings and an overhead door, ideal for storage . The building also boasts freshly renovated bathrooms with convenient access from both the common hallway and the warehouse area. Recent upgrades include a brand-new roof, heating and cooling system, and tuck-pointing-all completed in 2024-ensuring minimal maintenance and long-term reliability. With front and rear parking available, this property is perfectly positioned to capitalize on high traffic counts and excellent visibility. Don't miss out on this outstanding opportunity to enhance your business presence in a prime location!

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
12131087

ADDITIONAL INFORMATION

Great Downtown Palatine Retail/Office space. Near EVERYTING! Plenty of street parking. Long standing Barber shop and Jeweler for neighbors. Endless possibilities. Have a look. Call Listing Agent for details and for showing instructions. Available September 1.

Type:
Office
Sq.Ft.:
2,961
Status:
Active
Beds:
n/a
Year built:
1980
Baths:
MLS#:
12101555

ADDITIONAL INFORMATION

Available FOR SALE and FOR RENT! Built in 1980 and freshly remodeled, 2 floors of office spaces but with potential variation in usage as it is zoned Manufacturing. At the moment, the building it is set up as 4 individual office spaces, 2 on the first floor and 2 on the second floor. One of the 2nd floor units it is rented for 18 months. The ground floor units feature one large open space with half bathroom, it can be used as workshop/warehouse units. The upstairs units have are divided each 2 individual private rooms inside, each with exterior windows. The building is versatile as usage and could be converted into a 4 unit multifamily(buyer must check with Village for permits and zoning), as each of the 4 entities has its own bathroom and separate utilities meter (gas, electric). One water bill for the whole building. The whole building was just painted and carpet was replaced, new laminate flooring, two of the furnaces are brand new, new electric system, windows were just painted, roof repaired, bathrooms remodeled. Large parking area has more than 10 spots with plenty of extra room for potential storage buildable area, sheds, etc. 800 amp service to the building. Very good exposure, estimated over 5000 cars per day, 1 block to post office, 2 blocks to Metra Station. Contact listing agent with all questions. Please check 3D Tour and Video tour attached.

Type:
Office
Sq.Ft.:
5,330
Status:
Active
Beds:
n/a
Year built:
1983
Baths:
MLS#:
12087106

ADDITIONAL INFORMATION

This professional office building is tucked into a home-like two-story colonial office building with a well maintained interior. The property features 5 seperate office suites with several private offices, large executive conference room, 4 washrooms, kitchenette and plenty of open office areas. Seller shall vacate main level upon sale, giving buyer 2,085sf to occupy or lease. Second floor is leased and has 2 private office suites and 1 washroom. Lower level includes a kitchette and 2 suites with are leased. Estimated Cam $5.16 includes Association Dues at $2.25.

Type:
Other
Sq.Ft.:
9,753
Status:
Active
Beds:
n/a
Year built:
1992
Baths:
MLS#:
12035480

ADDITIONAL INFORMATION

Cove Plaza offers the savvy user/investor a unique opportunity to obtain a long time Animal Hospital anchored investment property on .78 acre of land in the northwest suburban community. Total of 9753 SF Standalone Strip Center with strong tenants. Current tenants include Palatine Family Pet Care, Be Happy Club, Anthony Jones Salon. One vacancy for your business or an upside opportunity to improve the center for higher cash flow. Contact Sunny, the listing agent for financials and additional info. Please check out the floor plans, photos and 3D Tours. Great opportunity to be the landlord for a well maintained and beautiful solid brick building.

Type:
Office
Sq.Ft.:
4,200
Status:
Active
Beds:
n/a
Year built:
1983
Baths:
MLS#:
12050545

ADDITIONAL INFORMATION

Renovated and move in ready. 4200 SQFT TOTAL on 3 Levels of classy and clean usable office space with mix of office rooms, conference room, suites, tandem offices and more. Located in the heart of a thriving economic corridor of multiple towns, COLONIAL PKWY is a prized asset. Move in ready. Tons of furniture included. Available for rent as well. Property is perfect for attorney, healthcare, real estate, title, accountant amongst others. Layout is versatile allowing you to use a portion and rent others out on separate levels. GREAT SPACE!

Type:
Other
Sq.Ft.:
4,840
Status:
Active
Beds:
n/a
Year built:
1974
Baths:
MLS#:
11927453

ADDITIONAL INFORMATION

Up to 2,400 SF (can be demised) available for lease at the 7-Eleven anchored retail center located at the southeast corner of Palatine Rd & Quentin Rd in Palatine. The available space is in vanilla box condition and can be demised down to a smaller space, providing flexibility for a number of uses. The center features 30 on-site parking spaces (6/1,000 SF), along with excellent frontage on both Palatine Road and Quentin Road, providing visibility and exposure to over 31,000 VPD. Additionally, the property is conveniently located just over three (3) miles from Interstate-90 (I-90) and one (1) mile from the Palatine Metra Station. Neighboring Retailers include Jewel-Osco, Starbucks, Subway, Vini's Pizza, J&J Liquor, and Clark Gas Station, among others.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Palatine Real Estate

The median home value in Palatine, IL is $256,700. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Palatine, IL is $256,700. Approximately 65.28% of Palatine homes are owned, compared to 29.72% rented, while 5% are vacant. Palatine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palatine real estate agent to arrange a tour today!

Palatine, Illinois 60067 has a population of 69,099. Palatine 60067 is more family-centric than the surrounding county with 35.86% of the households containing married families with children. The county average for households married with children is 30.49%.

The median household income in Palatine, Illinois 60067 is $76,633. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Palatine 60067 is 37.7 years.

Palatine Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.

Palatine Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    176
    30-day change

Palatine Schools and Demographics

Education near Palatine, IL

Metric City County
High School Graduates 89.76 86.19
College Degree - 2 year 7.81 6.53
College Degree - 4 year 49.44 37.19
Graduate Degree 15.27 10.61
Expenditures per Student 12,837 15,837
Students per Teacher 17 19.3

Elementary Schools near Palatine, IL

School Grades Students P/T Ratio ZIP
Gray M Sanborn Elementary School KG - 06 624 18.1 60067
Hunting Ridge Elementary School PK - 06 682 21 60067
Jane Addams Elementary School PK - 06 677 14.5 60074
Lake Louise Elementary School KG - 06 751 17.4 60074
Lincoln Elementary School KG - 06 852 19.4 60067
Marion Jordan Elementary School KG - 06 478 16.4 60067
Pleasant Hill Elementary School PK - 06 626 22.8 60067
Stuart R Paddock School KG - 06 731 18.5 60067
Virginia Lake Elementary School PK - 06 823 15.5 60074
Winston Campus Elementary School PK - 06 521 15.6 60074
Winston Churchill Elementary School KG - 06 471 14.9 60195

Middle Schools near Palatine, IL

School Grades Students P/T Ratio ZIP
Walter R Sundling Junior High School 07 - 08 682 17.2 60067
Winston Campus Junior High School 07 - 08 774 13.8 60074

High Schools near Palatine, IL

School Grades Students P/T Ratio ZIP
District 211 Academy - North 09 - 12 35 4.6 60067
Palatine High School 09 - 12 2,655 14.3 60074
Wm Fremd High School 09 - 12 2,694 16.5 60067

Ungraded Schools near Palatine, IL

School Grades Students P/T Ratio ZIP
* Kirk School 07 - 12 169 5.3 60067
* N Cook Young Adult Academy Palatine 09 - 12 24 6 60067

Demographics near Palatine, IL 60067

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 69,099 5,238,541
Population Density 5,074 5,544
Median Age 37.7 36.4
People per Household 2.6 2.6
Median Household Income 76,633 59,426
Average Income per Capita 40,177 33,722