Grocery Store

Palatine, IL Grocery And Convenience Stores for Sale

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New Construction Thorntons Ground Lease
Updated: Feb 8, 2023
New Construction Thorntons Ground Lease

20201 N Rand Rd, Palatine, IL 60074

Contact for pricing
5,938 sqft 5.18 AC lot
New construction absolute NNN ground lease with Thorntons.
20‑year primary term with six 5‑year options.
10% rent increases every 5 years.
Located on Rand Road (US Route 12) with over 49,700+ VPD.
Located in the Chicago MSA (population: 8.9 million).
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See hot listings in Palatine

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Palatine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

Starbucks Investment Opportunity in Chicago
Starbucks Investment Opportunity in Chicago

6332 N Northwest Hwy, Chicago, IL 60631

$2,390,000
2,149 sqft 0.62 AC lot

Leased Starbucks in Chicago's Northside with drive-thru and parking.

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Freestanding Retail Building
Freestanding Retail Building

8357 Skokie Blvd, Skokie, IL 60077

Contact for pricing
2,589 sqft 0.39 AC lot

Freestanding former convenience store with dedicated parking and two customer entrances off Main St or Skokie Blvd.

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Grocery and Convenience Store Business
Grocery and Convenience Store Business

4132 W Peterson Avenue, Chicago, IL 60646

$145,000

Business-only sale with included equipment, fixtures, and established food and liquor operations.

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Grocery Storefront with Office Conversion
Grocery Storefront with Office Conversion

5270 Lincoln Avenue, Skokie, IL 60077

Contact for pricing
3,874 sqft

For sale grocery storefront in Skokie Village with more than 4,000 sq. ft. and an available office conversion option.

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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.

Melrose Park Land For Sale
Melrose Park Land For Sale

2305 N Mannheim Road, Melrose Park, IL 60164

$1,099,000

Commercial land available in Melrose Park, Illinois.

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Commercial Land Near Prairie Path
Commercial Land Near Prairie Path

324 S Main Street, Lombard, IL 60148

$185,000
0.31 AC lot

A 0.31-acre parcel near the Prairie Path, positioned within downtown Lombard’s established business area.

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Signalized Corner Commercial Land
Signalized Corner Commercial Land

1730 W Beach Road, Waukegan, IL 60087

$152,900
1.41 AC lot

Municipal water and sewer are located in the rights-of-way along both adjoining streets.

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Corner Commercial Land
Corner Commercial Land

530 Main Street, Antioch, IL 60002

$680,000
0.81 AC lot

Corner parcel with two curb cuts and water available for commercial development.

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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.

45 Plum Grv Rd
GROCERY, SUPERMARKET

45 Plum Grv Rd, Palatine, IL 60067-6242

Estimated value:
$500,000
2.84 AC lot
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423 Dundee Rd
GROCERY, SUPERMARKET

423 Dundee Rd, Palatine, IL 60074-2813

Estimated value:
$15,125,000
6.22 AC lot
View details
1930 Rand Rd
GROCERY, SUPERMARKET

1930 Rand Rd, Palatine, IL 60074-1157

Estimated value:
$1,530,000
2.17 AC lot
View details
2070 Rand Rd
GROCERY, SUPERMARKET

2070 Rand Rd, Palatine, IL 60074-2595

Estimated value:
$490,000
4.63 AC lot
View details
130 Wnw Hwy
GROCERY, SUPERMARKET

130 Wnw Hwy, Palatine, IL 60067-3558

Estimated value:
$495,000
3.75 AC lot
View details
404 Palatine Rd
Individual retail properties

404 Palatine Rd, Palatine, IL 60074

Estimated value: by Request
3,010 sqft 0.79 AC lot
View details
1412 Algonquin Rd
GROCERY, SUPERMARKET

1412 Algonquin Rd, Palatine, IL 60067

Estimated value:
$515,000
View details
Palatine, IL 60074
GROCERY, SUPERMARKET

Palatine, IL 60074

Estimated value:
$545,000
View details

Palatine, IL Grocery And Convenience Stores Market Trends and Statistics

Explore 10 grocery and convenience stores for sale in Palatine, IL on our real estate platform. These investment opportunities span a total of 5,938 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 10
Shopping centers 9
Automotive properties 4
Car washes 2
Grocery and convenience stores 2

Demographics Overview

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

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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