Brick Office Building with Four
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
(847) 849-1797
Listed by
Matt Hernacki · License #471000354
(847) 849-1797 x501
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.
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
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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.