Palatine, IL Commercial Real Estate for Sale

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32 properties

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Updated: Oct 1

Mixed-Use Building with Apartments

552 E Northwest Highway, Palatine, IL 60074

$850,000

0.17 AC lot

5,000 SF of first‑floor commercial space with two office areas and a rear dock door
Two remodeled apartments: approximately 1,500 SF with 3 bedrooms and 1,200 SF with 2 bedrooms
127' of frontage along Northwest Highway
Parking for 6 vehicles in front and 8 or more in back
2.5‑car garage; five furnaces, five A/C units, and three water meters

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Updated: Jul 16

5-Parcel Auto Shop Property

1098-1122 Dundee Road, Palatine, IL 60074

$3,529,000

2.70 AC lot

5 parcels included in the Dundee Road assemblage
Over 560 feet of frontage on Dundee Road
+/- 2.7 acres in the Rand Road TIF District
CarX, former TitleMax, Hertz, Pollo del Rey, and a car wash
Lighted intersection shared with Walmart

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Land For Sale, Palatine, IL

2227 N Rand Road, Palatine, IL 60074

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2.10 AC lot

2.1 acre commercial land available in Palatine, Illinois.

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See hot listings in Palatine

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Flex Building with Showroom Space

201 E Dundee Rd, Palatine, IL 60074

$1,100,000

7,650 sqft 0.80 AC lot

Flexible commercial layout combines office areas, showroom space, private rooms, and enclosed storage for varied business operations.

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Equipped Salon and Training Facility

9999 confidential Avenue, Palatine, IL 60067

$57,000

0.05 AC lot

Remodeled salon supports beauty services, facial and waxing treatments, and cosmetology instruction.

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Multi-Parcel Automotive Wash Property

1098-1122 Dundee Rd, Palatine, IL 60074

$3,529,000

12,500 sqft 2.70 AC lot

Commercially zoned assemblage with road frontage and a Walmart-shared lighted intersection.

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Mixed-Use Building with Apartments

552 E Northwest Hwy, Palatine, IL 60074

$850,000

7,000 sqft

Two remodeled residences sit above ground-floor business space with separate utilities and a rear delivery door.

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Palatine Land For Sale

623 West Lake Cook Road, Palatine, IL 60074

$1,275,000

1 sqft 1.57 AC lot

1.57 acre commercial opportunity near Deer Park Towne Square.

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Palatine Mixed-Use Multi-Tenant Building

110 N. Brockway Street, Palatine, IL 60067

$5,395,000

37,890 sqft

Architecturally distinct mixed-use building in downtown Palatine with Metra access.

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Palatine Retail Space For Sale

1131 East Dundee Road, Palatine, IL 60074

$1,275,000

5,323 sqft 0.90 AC lot

Retail space in Palatine, Illinois, available for purchase.

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Two-Unit Flex Condominium

277 East Helen Road, Palatine, IL 60067

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4,314 sqft

Divisible layout combines warehouse, storage, and office areas within an M-zoned industrial condominium.

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Dual-Tenant NNN Property

948 Dundee Rd, Palatine, IL 60074

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4,336 sqft 0.51 AC lot

Two nationally recognized restaurant concepts operate under separate NNN leases in a recently built commercial property.

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Vacant Drive-Through Restaurant Building

1207 W Northwest Hwy, Palatine, IL 60067

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2,282 sqft 0.78 AC lot

Existing improvements include a drive-through layout within a vacant commercial building.

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Industrial Warehouse with ESFR

150 Sellstrom Dr, Palatine, IL 60067

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50,000 sqft

Warehouse space is available for immediate occupancy with dock packages, spec washrooms, and warehouse lighting in place.

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Single-Story Class B Office Building

415-425 Creekside Drive, Palatine, IL 60074

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9,038 sqft

Office property at a multi-address site in Palatine, Illinois.

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Redevelopment Opportunity in Palatine, Illinois

1720-1724 N Rand Rd, Palatine, IL 60074

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13,890 sqft 1.83 AC lot

Vacant building on 1.83 acres for redevelopment.

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Automotive Property

2161 N Rand Rd, Palatine, IL 60074

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1,500 sqft

Automotive business offered for sale with a dedicated commercial facility.

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Manufacturing Property with Contractor Yard

515 W Colfax St, Palatine, IL 60667

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11,000 sqft

M-zoned industrial property with truck parking, outside storage, and contractor yard functionality near I-90 and Route 53.

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Multi-Story Retail Space

2015 N Rand Road, Palatine, IL 60074

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53,000 sqft 5.00 AC lot

Retail property along Rand Road with substantial building area and Planned Unit Development zoning.

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Palatine Commercial Land For Sale

1400 Northwest Highway, Palatine, IL 60074

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2 sqft 2.51 AC lot

2.51 acres of commercial land near Arlington Park.

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Storefront Medical Center

960 E DUNDEE RD, Palatine, IL 60074

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5,250 sqft

For sale medical center property at 960 E Dundee Rd in Palatine, providing a dedicated healthcare-ready retail-style setting.

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Flex Warehouse with Loading Access

271-285 E Helen Rd, Palatine, IL 60067

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4,314 sqft

Two divisible warehouse units include drive-in doors and an office buildout, zoned for manufacturing.

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Industrial Property

250 S. Hicks Road, Palatine, IL 60067

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67,492 sqft

Large-scale industrial facility suited to warehouse and related commercial operations.

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Flex Space with Drive-In Doors

271-285 E Helen Rd, Palatine, IL 60067

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5,192 sqft

Manufacturing-zoned flex space with two drive-in doors and a reconfigurable office buildout suitable for multiple uses.

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Palatine, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Palatine, IL, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 327,633 square feet of properties for sale, with an estimated market value of $17,860,000.

Sale prices for business properties in Palatine, IL start at $57,000, averaging $1,984,444, and reaching up to $5,395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Palatine, IL CRE market trends — vacancy, lease rates and price per SF, updated monthly

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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	$1.8M
60074	$2.1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Palatine fall within the 100,000+ square foot range.

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