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Brick Office Building with Four Suites

502 N Plum Grove Road Palatine, IL 60067

502 N Plum Grove Road, Palatine, IL, 60067
$325,000
For Sale
Under Contract
$325,000

COMMERCIAL - Palatine, IL

Lot Size0.23 Acres
Days on Market308

Property Features for 502 N Plum Grove Road

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
PUD
Standard status
Active Under Contract
APN
02152080220000
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
30784

Utilities

Cooling system
Central Air

Building Details

Year built
1989
Floors in Building
1
Number of units
4
Building materials
Brick
Listing agency MisterHomes Real Estate
Listed by Matt Hernacki · License #471000354
Added: Sep 17, 2025 Updated: Jun 16 at 8:45AM Checked: Jul 21 at 9:06AM
MLS# 12472445

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This low-maintenance office building is fully brick and currently configured as four separate office suites. Common area bathrooms serve the suites, and the layout can be reconfigured to accommodate one to four units depending on your use and goals. The property also features a roof replacement completed two years ago.

The building is located in Plum Grove Office Park in Palatine, where Plum Grove Road ends at Northwest Highway. It sits on a small lot and offers plenty of parking. The area is described as being on a busy Route 14 corridor.

For owner-occupants, the existing suite layout provides a workable setup for a multi-room office while maintaining shared common-area restrooms. For tenants or buyers looking for flexibility, the current four-suites arrangement can support different unit counts, from single-suite occupancy up to operating the space as multiple offices. As a for-sale property, it offers the opportunity to own an office building in a designated office park setting with on-site parking and a relatively recent roof replacement.

Key Highlights

  • Own an entire brick office building in Plum Grove Office Park.
  • Located in a high‑traffic area on Route 14.
  • Flexible space divisible into 1‑4 units.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Callea Charles DDS Dental Office Law Office of Thomas ... Law Firm Bechtold Insurance Agency Insurance Agency Kenneth E Kaiser Law Firm MisterHomes Real Estate Real Estate Agency

Suggested Use

(Bike/Boat/Book/etc) Store Bakery Hotel & Motel Storage Facility Tech Support Center Nursing Home Daycare Center Butcher Locksmith Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Own a low-maintenance brick office building with four suites, shared common-area restrooms, and ample parking.
Where is this office building located?
The property is located at 502 N Plum Grove Road Palatine, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Own an entire brick office building in Plum Grove Office Park.; Located in a high‑traffic area on Route 14.; Flexible space divisible into 1‑4 units.
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More about this property
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