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Palatine, IL Auto Shops for Sale

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Barrington, IL Deer Park, IL Rolling Meadows, IL
3.54 Acres in Deer Park
Updated: Mar 28
3.54 Acres in Deer Park

20270 North Rand Road, Palatine, IL 60074

$1,899,000
3.54 AC lot
High income potential: $8K/month from cell tower lease, $10K/month from automotive repair leases, and $7K/month from contractor parking.
Prime development opportunity: 3.54 acres in Deer Park with potential for residential or mixed‑use development.
Excellent location: 107 feet of frontage on Rand Road with high traffic volume (44,900 vehicles/day).
Cell tower lease in place: Generates income until 2031/33 (almost 8 years remaining).
Existing building with automotive repair leases: Provides immediate income stream.
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Versatile Commercial Warehouse on Corner
Updated: Feb 25
Versatile Commercial Warehouse on Corner

640 E Northwest Highway, Palatine, IL 60074

$529,000
3,500 sqft
High‑traffic, high‑visibility corner location
Approximately 3,500 square feet of versatile space
Large parking area
Two 10' x 10' drive‑in garage doors
Newer roof and updated exterior stucco
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Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 2 Active listings in Palatine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Automotive Retail Shop Property
Automotive Retail Shop Property

955 Rand Road, Des Plaines, IL 60016

$2,790,000

For-sale automotive-focused commercial property located at 955 Rand Road in Des Plaines.

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Established Auto Repair Business
Established Auto Repair Business

999 Des Plaines Avenue, Des Plaines, IL 60016

$200,000
0.08 AC lot

Well-established auto repair business for sale with equipment included.

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Industrial Building with Showroom, Repair
Industrial Building with Showroom, Repair

1212 MITCHELL Boulevard, Schaumburg, IL 60193

$1,200,000

Industrial building with showroom, repair shop, and parking.

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Established Car Care Center
Established Car Care Center

1801 W Wise Road, Schaumburg, IL 60193

$1,950,000
17,864 sqft

Car care center near major roads, suitable for retail.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

West Ridge Development Site
West Ridge Development Site

6017 North Western Avenue, Chicago, IL 60659

Contact for pricing
5,305 sqft · 1.10 AC lot

Development site in West Ridge, Chicago, with C2-2 zoning.

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Commercial Property in Wonder Lake
Commercial Property in Wonder Lake

7312 Hancock Drive, Wonder Lake, IL 60097

$300,000
0.31 AC lot

Commercial property available in Wonder Lake, Illinois.

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Bridgeview Industrial Lot For Sale
Bridgeview Industrial Lot For Sale

9901 S 76th Avenue, Bridgeview, IL 60455

$4,000,000
4.20 AC lot

4.2 acre industrial lot in prime Bridgeview location.

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Oswego, IL Land For Sale
Oswego, IL Land For Sale

94 Templeton Drive, Oswego, IL 60543

$295,000
1.19 AC lot

1.19 acre industrial land available in Oswego, Illinois.

View details

Off-Market Properties in Palatine, IL

Consider similar Off-Market properties in Palatine, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2228 Rand Rd, Unit 32
AUTO REPAIR, GARAGE

2228 Rand Rd, Palatine, IL 60074-1161

Unit 32
$1,875,000
Estimated value
3,000 sqft · 0.74 AC lot
View details
2232 Rand Rd
AUTO REPAIR, GARAGE

2232 Rand Rd, Palatine, IL 60074-1167

$1,875,000
Estimated value
1.16 AC lot
View details
2111 Rand Rd
AUTO REPAIR, GARAGE

2111 Rand Rd, Palatine, IL 60074-1162

$2,670,000
Estimated value
0.54 AC lot
View details
1408 Rand Rd
AUTO REPAIR, GARAGE

1408 Rand Rd, Palatine, IL 60074

$1,505,000
Estimated value
0.20 AC lot
View details
1410 Rand Rd
AUTO REPAIR, GARAGE

1410 Rand Rd, Palatine, IL 60074-2923

$1,485,000
Estimated value
1.40 AC lot
View details
300 Colfax St
AUTO REPAIR, GARAGE

300 Colfax St, Palatine, IL 60067-2526

$1,120,000
Estimated value
4,050 sqft · 0.65 AC lot
View details
641 Colfax St, Unit 73
AUTO REPAIR, GARAGE

641 Colfax St, Palatine, IL 60067-2340

Unit 73
$1,065,000
Estimated value
0.92 AC lot
View details
533 Vermont St
AUTO REPAIR, GARAGE

533 Vermont St, Palatine, IL 60067-6947

Value Estimation by Request
0.52 AC lot
View details
4316 Rand Rd
AUTO REPAIR, GARAGE

4316 Rand Rd, Palatine, IL 60074

Value Estimation by Request
0.75 AC lot
View details
2314 Rand Rd
AUTO REPAIR, GARAGE

2314 Rand Rd, Palatine, IL 60074-1161

$800,000
Estimated value
0.47 AC lot
View details
123 Wnw Hwy
AUTO REPAIR, GARAGE

123 Wnw Hwy, Palatine, IL 60067-3550

Value Estimation by Request
0.29 AC lot
View details
326 Nnw Hwy
AUTO REPAIR, GARAGE

326 Nnw Hwy, Palatine, IL 60067-5329

Value Estimation by Request
0.14 AC lot
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326 Nnw Hwy
AUTO REPAIR, GARAGE

326 Nnw Hwy, Palatine, IL 60067-5329

Value Estimation by Request
0.15 AC lot
View details
609 Colfax St
AUTO REPAIR, GARAGE

609 Colfax St, Palatine, IL 60067-2340

Value Estimation by Request
0.23 AC lot
View details
320 Colfax St
AUTO REPAIR, GARAGE

320 Colfax St, Palatine, IL 60067-2516

Value Estimation by Request
0.74 AC lot
View details
615 Colfax St
AUTO REPAIR, GARAGE

615 Colfax St, Palatine, IL 60067-2340

Value Estimation by Request
0.23 AC lot
View details
1098 Dundee Rd
AUTO REPAIR, GARAGE

1098 Dundee Rd, Palatine, IL 60074-8303

Value Estimation by Request
0.48 AC lot
View details
137 Snw Hwy
AUTO REPAIR, GARAGE

137 Snw Hwy, Palatine, IL 60074-6232

Value Estimation by Request
0.25 AC lot
View details
620 Colfax St
AUTO REPAIR, GARAGE

620 Colfax St, Palatine, IL 60067-2341

Value Estimation by Request
1.40 AC lot
View details
866 Dundee Rd
AUTO REPAIR, GARAGE

866 Dundee Rd, Palatine, IL 60074-2821

Value Estimation by Request
0.47 AC lot
View details
631 Colfax St
AUTO REPAIR, GARAGE

631 Colfax St, Palatine, IL 60067-2340

Value Estimation by Request
0.07 AC lot
View details
2296 Rand Rd
AUTO REPAIR, GARAGE

2296 Rand Rd, Palatine, IL 60074-1161

Value Estimation by Request
0.98 AC lot
View details

Palatine, IL Auto Shops Market Trends and Statistics

Explore 39 auto shops for sale in Palatine, IL on our real estate platform. These investment opportunities span a total of 3,500 square feet of properties for sale, with an estimated market value of $549,900.

Sale prices for auto repair shops in Palatine, IL start at $549,900, averaging $549,900, and reaching up to $549,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 2
Gas stations 2

Demographics Overview

Population 74K
Population Growth (5Y) -4.1%
Median Household Income $102,227
College Educated 19.9%

High-Yield Neighborhoods for Investment

Identify Palatine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60074 $1.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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