Palatine IL Commercial for Sale

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Type:
Retail
Sq.Ft.:
6,700
Status:
NEW LISTING
Beds:
n/a
Year built:
1990
Baths:
MLS#:
12259130

ADDITIONAL INFORMATION

Welcome to 1800 N Rand Rd! This exceptional property, offering over 6,700 square feet of versatile space, is now available in a prime Palatine location. With front and rear parking, it provides ample convenience for both employees and clients. Situated in a high-visibility area with over 18,000 vehicles passing by daily, this building is ideal for any business or co-op venture. Inside, you'll find a spacious showroom, a well-appointed conference room, a kitchenette, and abundant storage options. Don't miss this fantastic opportunity to establish your business in a thriving area.

Type:
General Commercial
Sq.Ft.:
5,004
Status:
NEW LISTING
Beds:
n/a
Year built:
1985
Baths:
MLS#:
12258260

ADDITIONAL INFORMATION

Updated 6 flat brick building-fully leased. New roof, updated kitchen cabinets, laminated floor, Tenants pay heat, elec. Great income property A Must see

Type:
Office
Sq.Ft.:
2,400
Status:
Active
Beds:
n/a
Year built:
1967
Baths:
MLS#:
12200879

ADDITIONAL INFORMATION

Check out this beautifully renovated office building, completed in 2023, located in a prime position on Northwest Highway, just west of IL-53. With its excellent accessibility, this property offers easy access to both Chicago and the surrounding suburbs. This move-in ready office space has undergone a comprehensive gut renovation, featuring top-tier improvements designed for energy efficiency, comfort, and modern aesthetics.

Type:
Other
Sq.Ft.:
4,373
Status:
Active
Beds:
n/a
Lot size:
0.93 Acres
Year built:
1970
Baths:
MLS#:
12183547

ADDITIONAL INFORMATION

Kammes Commercial, Re/Max Suburban is pleased to bring John and Scott's Auto Repair business to market. With 20+ years of operating history in this location and an established clientele, this business is an excellent acquisition for expansion or establishing your first shop. The building has been thoughtfully crafted to cater to this specific workflow. Three drive-in doors and five workstations, this business has plenty of room to grow in this building. Sale includes both real estate and business.

Type:
Other
Sq.Ft.:
21,500
Status:
Active
Beds:
n/a
Year built:
2003
Baths:
MLS#:
12189729

ADDITIONAL INFORMATION

Welcome to downtown Palatine, across the street from the Palatine train station. Built in 2003, the 21,500 square feet building is comprised of a bar/restaurant with a full kitchen, a 7,000 square feet entertainment venue with a mezzanine leading to a rooftop deck, and an adjacent 2,500 square feet bank with one drive thru lane. Sitting on an acre of land, the site has been previously approved for redevelopment with a new 6 story mixed use building, complete with a rooftop amenity deck and 9,900 square feet of ground floor commercial space. The retail commercial space is divisible and includes approximately 1,250 square feet of covered patio area. The proposed development includes approximately 52 residential units located on floors 2-6, made up of 2 bedrooms/2 bath units and 2 bedrooms+den/2 bath units. The rooftop residential amenity deck includes an enclosed amenity area, terraces, and elevator access. The building is within the transit oriented development area parking requirements. With an existing 42 surface spaces. Palatine is a thriving commercial trade area - an ideal location for ambitious professionals and businesses alike. Contributing to an engaging and vibrant community atmosphere that's primed for continued growth and development.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1978
Baths:
MLS#:
12187141

ADDITIONAL INFORMATION

Great Investment - Positive cash flow! Fully rented, well maintained corner building. 5- 2 bedroom units and 1- 1 bedroom unit. All new bathrooms, newer roof. Masonry building. Association includes exterior, common areas, lawn & snow removal. Tenant pays heat & electric. Close to shopping & major highway 53. Great schools, easy to rent.

Type:
Other
Sq.Ft.:
10,000
Status:
Active
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:
General Commercial
Sq.Ft.:
4,950
Status:
Active
Beds:
n/a
Year built:
1983
Baths:
MLS#:
12159106

ADDITIONAL INFORMATION

GREAT INCOME OPPORTUNITY, RENTALS ARE IN DEMAND NOW. WELL-MAINTAINED SIX FLAT WITH NEWER APPLIANCES, FLOORING AND WASHER/DRYER. FIVE 2-BEDROOMS, AND ONE 1-BEDROOM UNITS. IDEAL LOCATION, CLOSE TO SHOPS, PACE BUS STOP AND EXPRESSWAY 53. DESIRABLE BLDG. IN THE COMPLEX WITH LONG TERM TENANTS. 96 HR NOTICE REQUIRED FOR SHOWINGS.

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 TPO roof. Brand new HVAC two 6 ton Bryant units 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:
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:
Other
Sq.Ft.:
2,040
Status:
Active
Beds:
n/a
Year built:
1954
Baths:
MLS#:
11974531

ADDITIONAL INFORMATION

A MUST-SEE! FREE-STANDING 2-UNIT DUPLEX MIXED-USE LIVE/LEASE/WORK OPPORTUNITY! UNITS 410-412. UNIQUE AND VERSATILE RETAIL/OFFICE/SHOWROOM, PLUS A RESIDENTIAL DUPLEX UNIT IN THE BACK. LOCATED AT THE NORTHEAST CORNER OF PALATINE RD/NORTHWEST HIGHWAY SIGNAL INTERSECTION! EXCELLENT CONDITION! APPROXIMATELY 1,000 SQ FEET OF STOREFRONT/RETAIL/OFFICE/BUSINESS, PLUS LIVE IN (OR LEASE OUT FOR EXTRA INCOME) AN APPROXIMATELY 950 SQ FT REMODELED 2-BEDROOM PLUS OFFICE RANCH UNIT FEATURING A PRIVATE ENTRANCE, A CHERRYWOOD KITCHEN WITH GRANITE COUNTERTOPS AND STAINLESS APPLIANCES, HARDWOOD FLOORS, AND A FULL AREA FINISHED STORAGE ATTIC (WITH PULLDOWN STAIRS)! COM-ED ENERGY-SAVING INTERIOR AND EXTERIOR LIGHTING! NEW ROOF 2023, NEWER WINDOWS AND MOST ZONED SYSTEMS! NEW ASPHALT PARKING LOT 2022! 12 PARKING SPACES! DUE TO THE RESIDENTIAL UNIT - THE ENTIRE BUILDING HAS SUPER LOW - LOW TAXES! 24 HOURS NOTICE TO SHOW IF POSSIBLE. PLEASE DO NOT DISTURB THE BUSINESS OR OCCUPANT. THE ENTIRE BUILDING IS ZONED FOR B-1 FOR THOSE WHO MAY WANT TO EXPAND THEIR BUSINESS INTO THE RESIDENTIAL UNIT. THERE ARE SOME REQUIREMENTS AND RESTRICTIONS PER VILLAGE CODE. Buyer's Brokers Welcome!

Type:
Other
Sq.Ft.:
3,500
Status:
Active
Beds:
n/a
Lot size:
0.49 Acres
Year built:
1950
Baths:
MLS#:
11965196

ADDITIONAL INFORMATION

Unlock the full potential of this commercial warehouse in a prime Palatine location with outstanding visibility, witnessing 25,000 cars passing by each day! Positioned in a high-traffic area on a spacious corner lot, this property is perfectly suited for either a auto repair shop as there is great parking space or just a warehouse space, offering a generous total of approximately 3,500 sq. ft. Notable features include two 10x10 garage doors, providing convenient access and enhancing the property's versatility. The property also has a triple basin, 14 parking spots and a bathroom. The robust infrastructure boasts a 200 Amp electrical system with both 1 and 3-phase options, ensuring an efficient and versatile power supply. The roof underwent replacement just one year ago, and the stucco was refreshed two years ago. Don't miss out on this rare opportunity for owner occupancy or as a lucrative income property. Act swiftly to secure your investment in this dynamic commercial 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.

Type:
Other
Sq.Ft.:
6,500
Status:
Active
Beds:
n/a
Year built:
2008
Baths:
MLS#:
11737137

ADDITIONAL INFORMATION

Solid REO QSR property With Drive-Thru and covered patio. Built New in 2008. Sate of the art mechanicals, back up generator, heated floors. Located on busy Rand Rd. in between Dundee and Lake Cook Rd. Rand 19,000 VPD, Dundee Rd. 26,000 VPD, and Lake Cook Rd. 43,500 VPD. Easy to show, 1+ acre lot with 70+ parking.

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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 $315,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Palatine, IL is $315,000. Approximately 63.09% of Palatine homes are owned, compared to 30.77% rented, while 6.14% 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 has a population of 67,754. Palatine is more family-centric than the surrounding county with 29.88% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Palatine, Illinois is $86,415. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Palatine is 38.2 years.

Palatine Weather

The average high temperature in July is 83 degrees, with an average low temperature in January of 13.9 degrees. The average rainfall is approximately 36.2 inches per year, with 35.7 inches of snow per year.

Palatine Real Estate Market Conditions

  • Median sales price

    $315,000
    14.5% change since last quarter
  • # Active listings

    185
    30-day change

Palatine Schools and Demographics

Education near Palatine, IL

Metric City County
High School Graduates 91.11 87.97
College Degree - 2 year 6.99 6.73
College Degree - 4 year 50.22 40.75
Graduate Degree 15.04 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Palatine, IL

School Grades Students P/T Ratio ZIP
Arnett C Lines Elementary School KG - 05 482 16.1 60010
Barbara B Rose Elementary School KG - 05 452 14.8 60010
Countryside Elementary School KG - 05 419 12 60010
Early Learning Center PK - PK 267 20.4 60010
Gray M Sanborn Elementary School KG - 06 624 18.1 60067
Grove Avenue Elementary School KG - 05 513 15.3 60010
Hough Street Elementary School PK - 05 292 16 60010
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
North Barrington Elementary School KG - 05 414 14.5 60010
Pleasant Hill Elementary School PK - 06 626 22.8 60067
Roslyn Road Elementary School KG - 05 425 15.1 60010
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
Barrington Mdle School- Prairie CMPS 06 - 08 1,129 14.3 60010
Barrington Middle School Station 06 - 08 1,014 13.7 60010
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
Barrington High School 09 - 12 3,052 16.5 60010
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
* N Cook Young Adult Academy Palatine 09 - 12 24 6 60067

Demographics near Palatine, IL

Metric City County
Neighborhood Type
Population 67,754 5,265,398
Population Density 4,975 5,572
Median Age 38.2 37.3
People per Household 2.5 2.5
Median Household Income 86,415 72,121
Average Income per Capita 45,557 41,706