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    Palatine, IL Commercial Land for Sale

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    Barrington, IL Rolling Meadows, IL Schaumburg, IL
    13 results
    Land For Sale, Palatine, IL
    Contact for pricing
    2.10 Acres

    Land For Sale, Palatine, IL

    2227 N Rand Road, Palatine, IL 60074

    2.1 acre commercial land available in Palatine, Illinois.

    • Location: Situated at coordinates -88.03462, 42.152565.
    • Water Source: Benefits from well water.
    • Sewer: Equipped with a septic tank system.
    Updated: Mar 11
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    3.54 Acres in Deer Park
    $1,899,000
    3.54 Acres

    3.54 Acres in Deer Park

    20270 North Rand Road, Palatine, IL 60074

    3.54-acre parcel with income and development potential.

    • 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.
    Updated: Mar 28
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    Palatine Land For Sale
    $514,000
    3.20 Acres

    Palatine Land For Sale

    3.2 acre commercial land available in Palatine, Illinois.

    20638 Lake Cook Road, Palatine, IL 60074
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    Redevelopment Opportunity in Palatine, Illinois
    $3,000,000
    13,890 SF

    Redevelopment Opportunity in Palatine, Illinois

    Vacant building on 1.83 acres for redevelopment.

    1720-1724 N Rand Rd, Palatine, IL 60074
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    Land with Frontage on Hicks
    $450,000

    Land with Frontage on Hicks

    Commercial land with frontage and proximity to retail center.

    2361 North Hicks Road, Palatine, IL 60074
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    Palatine Land For Sale
    $1,275,000

    Palatine Land For Sale

    1.57 acre commercial opportunity near Deer Park Towne Square.

    623 West Lake Cook Road, Palatine, IL 60074
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    River West Development Opportunity
    Contact for pricing
    10,448 SF

    River West Development Opportunity

    Land with income-generating billboard in River West/West Town.

    550 W Colfax St, Palatine, IL
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    Palatine Commercial Land for Sale
    $4,700,000
    5.47 Acres

    Palatine Commercial Land for Sale

    Commercial land with redevelopment potential and convenient highway access.

    1546 E Dundee Rd, Palatine, IL
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    Palatine Commercial Land For Sale
    Contact for pricing

    Palatine Commercial Land For Sale

    2.51 acres of commercial land near Arlington Park.

    1400 Northwest Highway, Palatine, IL 60074
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    Retail, Land, Special Purpose
    $2,500,000
    21,500 SF

    Retail, Land, Special Purpose

    Mixed-use properties · 21,500 SF

    180 N Smith St, Palatine, IL 60067
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    Corner Land Parcel Available
    Contact for pricing
    0.55 Acres

    Corner Land Parcel Available

    Land available at a corner location with high traffic counts.

    756 E Northwest Hwy, Palatine, IL
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    Corner Land Parcel Available
    Contact for pricing
    0.56 Acres

    Corner Land Parcel Available

    Land available at Northwest Highway & Rohlwing Road.

    756 E. Northwest Highway, Palatine, IL 60074
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    Palatine Retail Land Opportunity
    $210,000
    0.36 Acres

    Palatine Retail Land Opportunity

    Prime retail land with B-2 zoning in Palatine, Illinois.

    145 W Northwest Hwy or 565 & 567 Smith Street Palatine, Palatine, IL 60067
    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 13 Active listings in Palatine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Commercial Land Development Opportunity
    $580,000
    0.41 Acres

    Commercial Land Development Opportunity

    Commercial land parcel for sale with approved special use permit.

    Hoffman Estates, IL 60047
    View details
    Schaumburg Redevelopment Site For Sale
    $14,500,000
    12.60 Acres

    Schaumburg Redevelopment Site For Sale

    12.64 acre redevelopment site with income potential in Schaumburg.

    760 E Algonquin Rd, Schaumburg, IL
    View details
    Rand Road Commercial Land Opportunity
    $1,500,000
    7.20 Acres

    Rand Road Commercial Land Opportunity

    Commercial land with high traffic frontage near Deer Park.

    Hoffman Estates, IL 60047
    View details
    Schaumburg Redevelopment Site For Sale
    $14,000,000
    156,963 SF

    Schaumburg Redevelopment Site For Sale

    12.64-acre site suitable for multifamily, retail, restaurant, or office redevelopment.

    846-860 E Algonquin Rd, Schaumburg, IL 60173
    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.

    20201 Rand Rd

    20201 Rand Rd

    VACANT COMMERCIAL LAND • 5.15 Acres
    Value Estimation by Request
    20201 Rand Rd, Palatine, IL 60074-2054
    View details

    Palatine, IL Commercial Land Investment Opportunities Market Analysis

    Explore 14 commercial land for sale in Palatine, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 35,392 square feet of properties for sale, with an estimated market value of $7,225,000.

    Sale prices for commercial lots in Palatine, IL start at $450,000, averaging $1,806,250, and reaching up to $3,000,000 — 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 land 14
    Residential land & home lots 4

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60067 $1.4M
    60074 $1.4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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