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    Palatine, IL Commercial Land for Sale

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    Barrington, IL Deer Park, IL Barrington Hills, IL
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    Redevelopment Opportunity in Palatine, Illinois
    Updated: Feb 9
    Redevelopment Opportunity in Palatine, Illinois

    1720-1724 N Rand Rd, Palatine, IL 60074

    $2,750,000
    13,890 sqft · 1.83 AC lot
    Redevelopment opportunity on a 1.83‑acre parcel with versatile B‑2 Commercial zoning.
    Outstanding frontage and visibility on N Rand Road (US Route 12).
    Located 0.2 miles from the intersection of N Rand Road and Dundee Road (IL Route 68), major commercial corridors.
    Proximity to IL Routes 68 and 53 and US Routes 12 and 14.
    Close to Palatine and Arlington Park Metra Stations providing access to Chicago.
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    Palatine Land For Sale
    Updated: Mar 25
    Palatine Land For Sale

    623 West Lake Cook Road, Palatine, IL 60074

    $1,275,000
    1 sqft · 1.57 AC lot
    1.57 acre multi‑family / commercial opportunity
    Located across from Deer Park Towne Square (upscale lifestyle center)
    Shopping, dining and entertainment amenities nearby
    Frontage along an existing commercial corridor in Palatine IL
    Located 4 minutes to Route 53
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    Land For Sale, Palatine, IL
    Land For Sale, Palatine, IL

    2227 N Rand Road, Palatine, IL 60074

    Contact for pricing
    2.10 AC lot

    2.1 acre commercial land available in Palatine, Illinois.

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    Palatine Commercial Land For Sale
    Palatine Commercial Land For Sale

    1400 Northwest Highway, Palatine, IL 60074

    Contact for pricing
    2 sqft · 2.51 AC lot

    2.51 acres of commercial land near Arlington Park.

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    Palatine Commercial Land for Sale
    Palatine Commercial Land for Sale

    1546 E Dundee Rd, Palatine, IL

    $4,700,000
    5.47 AC lot

    Commercial land with redevelopment potential and convenient highway access.

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    River West Development Opportunity
    River West Development Opportunity

    550 W Colfax St, Palatine, IL

    Contact for pricing
    10,448 sqft · 0.53 AC lot

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

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    Retail, Land, Special Purpose
    Retail, Land, Special Purpose

    180 N Smith St, Palatine, IL 60067

    $2,500,000
    21,500 sqft · 1.00 AC lot

    Mixed-use properties · 21,500 SF

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    Corner Land Parcel Available
    Corner Land Parcel Available

    756 E Northwest Hwy, Palatine, IL

    Contact for pricing
    0.55 AC lot

    Land available at a corner location with high traffic counts.

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    Palatine Retail Land Opportunity
    Palatine Retail Land Opportunity

    145 W Northwest Hwy or 565 & 567 Smith Street Palatine, Palatine, IL 60067

    $210,000
    0.36 AC lot

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

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    Corner Land Parcel Available
    Corner Land Parcel Available

    756 E. Northwest Highway, Palatine, IL 60074

    Contact for pricing
    0.56 AC lot

    Land available at Northwest Highway & Rohlwing Road.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 10 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.

    3.54 Acres in Deer Park
    3.54 Acres in Deer Park

    Deer Park, IL 60074

    $1,899,000
    3.54 AC lot

    3.54-acre parcel with income and development potential.

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    Schaumburg Redevelopment Site For Sale
    Schaumburg Redevelopment Site For Sale

    760 E Algonquin Rd, Schaumburg, IL

    $14,500,000
    12.60 AC lot

    12.64 acre redevelopment site with income potential in Schaumburg.

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    Deer Park Development Opportunity
    Deer Park Development Opportunity

    20140-20152 N Rand Rd (Rt 12), Deer Park, IL 60074

    $1,900,000
    2.97 AC lot

    2.98 acres of commercial land in Deer Park, Illinois.

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    Schaumburg Redevelopment Site For Sale
    Schaumburg Redevelopment Site For Sale

    846-860 E Algonquin Rd, Schaumburg, IL 60173

    $14,000,000
    156,963 sqft · 12.64 AC lot

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

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    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
    VACANT COMMERCIAL LAND

    20201 Rand Rd, Palatine, IL 60074-2054

    Value Estimation by Request
    5.15 AC lot
    View details

    Palatine, IL Commercial Land Market Trends and Statistics

    Explore 11 commercial land for sale in Palatine, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 35,391 square feet of properties for sale, with an estimated market value of $6,525,000.

    Sale prices for commercial lots in Palatine, IL start at $1,275,000, averaging $2,175,000, and reaching up to $2,750,000 — 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 property segments ranked by active listings on the market

    Commercial land 12
    Residential land & home lots 3

    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
    60067 $1.4M
    60074 $1.4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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    Most Searched ZIP Codes in Palatine, IL

    • 60074
    • 60067

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