Palatine IL Real Estate & Commercial for Sale

7 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
4,800
Status:
NEW LISTING
MLS#:
12702962
Type:
General Commercial
Lot size:
0.24 Acres
Year built:
1968
A broker reciprocity listing Courtesy: Keith C. Vargo Enterprises 847-471-7498
View additional info

ADDITIONAL INFORMATION

PRIME LOCATION and GREAT VISIBILITY on this well known corridor of Businesses near Downtown Palatine and across from Palatine Post Office. Original Owners of this flagship Welding and Fabricating business have Retired and this almost 5000 sq. ft. Building Offers a Blank Canvas for YOU!!!! Excellent Street and Sign Exposure with 15' Ceiling Heights, 4 Overhead Garage Doors, Large Back and Side Lots with a Steel Shipping Container included for Extra Storage, 2 Large Inside Loft Spaces, 2 Bathrooms and a Small Cozy Office. This is a Must See as Owners are offering Building less than Appraised Value-Built to Last with Lots of Extras! Inside Space offers endless Possibilities to Start/Move/Expand your Business. Now Vacant and Easy to Show. Truly "One of a Kind".

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12680785
Type:
General Commercial
Lot size:
0.06 Acres
Year built:
1985
A broker reciprocity listing Courtesy: American International Realty 773-509-9493
View additional info

ADDITIONAL INFORMATION

GREAT INVESTMENT. YEARLY INCOME INCOME $73,000. FOR OVER ASSOCIATION LISTED AS OTHER EXPENSE ($375 MONTHLY ASSESSEMENT) COVERS LANDSCAPING, SNOW REMOVAL, SCAVENGER AND PARKING LOT MAINTENANCE. ALL SPACIOUS 3-2 BEDROOM AND 3-1 BEDROOM UNITS WITH BALCONIES ARE ALWAYS RENTED. PLENTY OF PARKING AND NICE GREENERY AREAS AROUND THE PROPERTY.

Beds:
n/a
Baths:
Sq.Ft.:
3,500
Status:
Active
MLS#:
12658287
Type:
Other
Lot size:
0.33 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Real Broker LLC 855-450-0442
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ADDITIONAL INFORMATION

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

Beds:
n/a
Baths:
Sq.Ft.:
1,650
Status:
Active
MLS#:
12622051
Type:
General Commercial
Lot size:
0.5 Acres
Year built:
1944
A broker reciprocity listing Courtesy: Legacy Properties, A Sarah Leonard Company, LLC 224-999-9100
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
10,800
Status:
Active
MLS#:
12615492
Type:
Retail
Lot size:
0.57 Acres
Year built:
1981
A broker reciprocity listing Courtesy: Mega USA Properties, Inc. 847-947-2478
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
3,778
Status:
Active
MLS#:
12472445
Type:
General Commercial
Lot size:
0.23 Acres
Year built:
1989
A broker reciprocity listing Courtesy: MisterHomes Real Estate 847-849-1797
View additional info

ADDITIONAL INFORMATION

Own your own building in Plum Grove Office Park of Palatine. Solid location with plenty of parking where Plum Grove Road ends at Northwest Highway. Currently divided into four separate office suites, with common area bathrooms. Could be divided from 1-4 units depending on your use and goals. This is a low maintenance, completely brick building. Roof replaced two years ago. Busy Route 14 corridor. Great value!

Beds:
n/a
Baths:
Sq.Ft.:
21,500
Status:
Active
MLS#:
12364736
Type:
General Commercial
Lot size:
1 Acres
Year built:
2003
A broker reciprocity listing Courtesy: Compass 847-616-9910
View additional info

ADDITIONAL INFORMATION

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.

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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

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.

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 Map

Palatine Real Estate Market Conditions

  • Median sales price

    $400,000
    14.5%
    change since last quarter
  • # Active listings

    260
    30-day change

Palatine Schools and Demographics

Education near Palatine, IL

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

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

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

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

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

Demographics near Palatine, IL

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

Real estate near Palatine