Courtesy: Patrick Jeffrey Realty
773-772-1782
500 N. Plum Grove offers a rare opportunity to own a well-maintained, stand-alone commercial condominium building with excellent visibility, prominent road frontage, abundant parking, and flexible occupancy options. Positioned along a main thoroughfare, the property provides strong exposure to passing traffic and a professional first impression for clients, customers, and visitors. The durable brick exterior enhances the building's curb appeal and long-term value, while approximately 100 common parking spaces provide convenient access for tenants, employees, customers, deliveries, and visitors. The building contains approximately 3,778 square feet and may be configured into as many as three separate commercial units, creating flexibility for an owner-user, multiple professional tenants, or an investor seeking a multi-suite property. The layout is well suited for a variety of professional office uses, including law, dental, medical, accounting, financial, consulting, and other business services. Three HVAC units support comfortable operating environments and provide additional flexibility for separate occupants. Two tenants are currently in place on a month-to-month basis: Tenant 1 occupies approximately one-half of the building and pays $2,750 per month Tenant 2 occupies approximately one-half of the remaining space and pays $1,800 per month The current tenants generate approximately $4,550 in monthly rental income, or $54,600 annually, providing existing cash flow for a new owner. Both tenants may remain in place and are willing to consider formal lease agreements. Alternatively, either tenant may relocate with four months' notice, allowing an owner to occupy the building, reconfigure the space, or implement a preferred leasing strategy. Convenient roadway access, nearby public transportation, and proximity to the train station further enhance the property's accessibility for employees, clients, and customers. Its connection to major transportation routes makes it an attractive location for businesses seeking visibility, parking, transit access, and adaptable commercial space. 500 N. Plum Grove combines owner-user potential, existing rental income, flexible subdivision options, professional curb appeal, and convenient accessibility in a highly practical commercial setting.
Courtesy: Berkshire Hathaway HomeServices Starck Real Estate
847-359-4600
Incredible income potential opportunity!! Easy to rent 1 bedroom apartments, @$1300/month each - 8 units, with common laundry, storage cages, and tons of parking. Conveniently located in an area of mixed commercial and residential buildings, fantastic access to shopping, downtown Palatine, and train station.
Courtesy: Roger H Evans, REALTOR, Inc
847-705-9066
RARE OPPORTUNITY FOR 5 PARCELS ON DUNDEE RD WITH OVER 560 COVETED FEET OF FRONTAGE, STARTING WITH CARX, FORMER TITLE MAX, HERTZ, POLLO DEL REY AND THE CAR WASH. LIGHTED INTERSECTION SHARED WITH WALMART. THE PROPERTY IS +/- 2.7 ACRES IN THE LOCATED IN THE RAND RD TIF DISTRICT.
Courtesy: Real Broker LLC
855-450-0442
This prime commercial warehouse offers approximately 3,500 square feet of versatile space in a high-traffic, high-visibility corner location. Situated on a desirable corner lot with a large parking area, the property provides excellent accessibility and exposure for a wide range of businesses, including auto repair, vehicle sales, service operations, or light industrial use. The building features two 10' x 10' drive-in garage doors, a newer roof, and updated exterior stucco, making it a solid and well-maintained investment. There is a reception space area, garage space, Ideal for an owner-occupant or investor, this property combines functionality, visibility, and strong business potential in one exceptional opportunity. Current Taxes are being appealed
Courtesy: Legacy Properties, A Sarah Leonard Company, LLC
224-999-9100
Outstanding opportunity to own a versatile and well-maintained commercial property set on a beautifully landscaped 1/2-acre lot surrounded by mature trees, offering exceptional privacy and a serene setting. Originally built as a single-family home, the property has been rezoned for office use, offering unique character and warmth not often found in commercial spaces. There may be potential to convert the property back to residential use; buyers are advised to verify zoning and permitted uses with the village. The main office building features a functional and flexible layout, including two oversized private offices, a central reception area, and a smaller room ideal for storage or a third private office. A full bathroom and convenient kitchenette-complete with refrigerator, cabinet storage, and space for a microwave and coffee station-add to the property's practicality. Additional highlights include a detached two-car garage and a dedicated parking lot with space for at least six vehicles, plus additional parking as needed. A separate standalone building on the property provides even more flexibility-perfect for a private conference room, additional office space, workshop, or storage. Major mechanical updates have already been completed, with both the furnace and hot water heater replaced within the last two years. Ideally located just over a mile from the proposed future home of the Chicago Bears stadium in Arlington Heights, this property offers strong potential for long-term value and growth. Ideal for a variety of business uses, this property combines functionality, privacy, and room to grow.
Courtesy: Mega USA Properties, Inc.
847-947-2478
Don't miss this outstanding income-producing opportunity! This two-story retail and office building offers approximately 10,800 square feet on a 0.56-acre lot within a B2 zoning district, delivering excellent visibility with traffic counts exceeding 20,000 vehicles per day. The property features strong street presence and a well-balanced mix of retail and office space. Each retail unit is equipped with a private restroom, and tenants pay their own utilities, contributing to efficient operations. The first floor includes four retail units, while the second floor offers seven office suites. The building is nearly fully leased, with only two spaces remaining-ideal for owner occupancy or additional income potential. Fully sprinklered and recently updated, this property represents a true turnkey, low-maintenance investment in a highly desirable commercial corridor. The available office spaces can be customized with flexible build-to-suit options to suit a variety of uses. Surrounded by a dense residential population and benefiting from strong exposure, this asset presents a prime investment opportunity with significant upside potential.
Courtesy: Compass
847-616-9910
Welcome to Iconic Durty Nellies in 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.
Palatine is located in Illinois. 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.
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.
