Palatine IL Commercial for Sale

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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:
Condo
Sq.Ft.:
6,528
Status:
Active
Beds:
n/a
Year built:
1986
Baths:
MLS#:
12180876

ADDITIONAL INFORMATION

Great Opportunity for an owner/user who is tired of paying rent or an investor looking to lease office space. This is a 2 story office building with a english lower level, located in a beautiful, park like setting, Williamsburg Village. Surrounded by a brick paved road, several ponds and a covered bridge, ideal alternative to a more comfortable commercial setting. Located at the intercection of of Roselle Road and Euclid 3 Miles West of Rt53/290, 5 miles to Woodfield Mall and 2 miles to 90 Expressway. Each floor features private offices with fireplaces, conference rooms, restrooms and reception areas. The lower level features a full kitchen. Each floor has it's own HVAC zone. Background music is available in each office space. New Roof 2022. Building equipped with back up gas generator, a sump pump with 2 battery back up sumps. Notably, most of the furnishings are included, ensuring a seamless transition into this remarkable space.

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:
Other
Sq.Ft.:
3,932
Status:
Active
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 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:
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:
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 $305,600. 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 $305,600. 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 60067 has a population of 67,754. Palatine 60067 is more family-centric than the surrounding county with 31.01% 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 60067 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 60067 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

    N/A
  • # Active listings

    150
    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
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 Suburban
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