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    Palatine, IL Grocery And Convenience Stores for Sale

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    Barrington, IL Deer Park, IL Rolling Meadows, IL
    Palatine Retail Building For Sale
    Updated: Dec 12, 2024
    Palatine Retail Building For Sale

    404 E Palatine Rd, Palatine, IL

    $4,300,000
    3,010 sqft · 0.37 AC lot
    7‑Eleven (S&P Rated A) NNN Lease with 12 Years Remaining, featuring 7.5% Rental Increases Every 5 Years.
    Signalized Corner Location with HIGH VISIBILITY at 42,200+ VPD, less than 1 Mile from Downtown Palatine.
    New Construction (2021) 3,010 SF Building on 0.79 Acre Site.
    Easy Access to Major Roads: Route 53, I‑90, and I‑290.
    Less than 10 Miles from O’Hare International Airport.
    View details
    New Construction Thorntons Ground Lease
    Updated: Feb 8, 2023
    New Construction Thorntons Ground Lease

    20201 N Rand Rd, Palatine, IL 60074

    $7,775,000
    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).
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 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.

    Newer Retail Building Near Airport
    Newer Retail Building Near Airport

    2392 S Wolf Rd, Des Plaines, IL

    $10,500,000
    6,865 sqft · 3.65 AC lot

    6,865 SF building near O’Hare International Airport.

    View details
    Vernon Hills Retail Opportunity
    Vernon Hills Retail Opportunity

    1720 N Milwaukee Ave, Vernon Hills, IL 60061

    Contact for pricing
    71,248 sqft

    High-volume retail location with long-term lease and investment-grade guarantee.

    View details
    Established Liquor Store Business Opportunity
    Established Liquor Store Business Opportunity

    1185 Elmhurst Road, Des Plaines, IL 60016

    $189,000
    2,600 sqft

    Profitable liquor store business for sale in a prime location.

    View details
    Mariano's Fresh Market Investment Opportunity
    Mariano's Fresh Market Investment Opportunity

    1720 N Milwaukee Ave, Vernon Hills, IL 60061

    Contact for pricing
    71,248 sqft

    Single-tenant NNN leased grocery asset with long-term lease.

    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.

    Melrose Park Land For Sale
    Melrose Park Land For Sale

    2305 N Mannheim Road, Melrose Park, IL 60164

    $1,100,000

    Commercial land available in Melrose Park, Illinois.

    View details
    Downtown Lombard Commercial Land Parcel
    Downtown Lombard Commercial Land Parcel

    324 S Main Street, Lombard, IL 60148

    $185,000
    0.31 AC lot

    Highly visible commercial land in downtown Lombard, next to Prairie Path.

    View details
    Elgin Land Development Opportunity
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    40.4 acres on Randall Road, ideal for mixed-use development.

    View details
    Waukegan Land For Sale
    Waukegan Land For Sale

    1730 W Beach Road, Waukegan, IL 60087

    $152,900
    1.41 AC lot

    1.41 acre corner lot ready for development in Waukegan.

    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.

    45 Plum Grv Rd
    GROCERY, SUPERMARKET

    45 Plum Grv Rd, Palatine, IL 60067-6242

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

    423 Dundee Rd, Palatine, IL 60074-2813

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

    1930 Rand Rd, Palatine, IL 60074-1157

    $1,420,000
    Estimated value
    2.17 AC lot
    View details
    545 Hicks Rd
    GROCERY, SUPERMARKET

    545 Hicks Rd, Palatine, IL 60067-3608

    Value Estimation by Request
    View details
    2070 Rand Rd
    GROCERY, SUPERMARKET

    2070 Rand Rd, Palatine, IL 60074-2595

    Value Estimation by Request
    4.63 AC lot
    View details
    130 Wnw Hwy
    GROCERY, SUPERMARKET

    130 Wnw Hwy, Palatine, IL 60067-3558

    Value Estimation by Request
    3.75 AC lot
    View details
    404 Palatine Rd
    Individual retail properties

    404 Palatine Rd, Palatine, IL 60074

    Value Estimation by Request
    3,010 sqft · 0.79 AC lot
    View details
    1412 Algonquin Rd
    GROCERY, SUPERMARKET

    1412 Algonquin Rd, Palatine, IL 60067

    Value Estimation by Request
    View details
    Palatine, IL 60074
    GROCERY, SUPERMARKET

    Palatine, IL 60074

    Value Estimation by Request
    View details

    Palatine, IL Grocery And Convenience Stores Market Trends and Statistics

    Explore 11 grocery and convenience stores for sale in Palatine, IL on our real estate platform. These investment opportunities span a total of 8,948 square feet of properties for sale, with an estimated market value of $12,075,000.

    Sale prices for supermarkets in Palatine, IL start at $4,300,000, averaging $6,037,500, and reaching up to $7,775,000 — 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

    Shopping centers 13
    Storefront properties 5
    Automotive properties 4
    Grocery and convenience stores 4
    Banks 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
    60074 $7.8M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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