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    220 N Smith St Palatine, IL 60067

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    For Lease
    $29 SF/Yr ($12,477 /Mo)

    Office space near Palatine Metra Station with covered parking.

    Property size:
    5,021 SF
    Lot size:
    1.08 Acres

    Property Features for 220 N Smith St

    General Information

    Size
    5,021 SF
    Lot size
    1.08 Acres

    Source: Hamilton Partners | Buffalo Grove Agent Brian Lunt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Palatine Office Space

    This office space offers a functional layout, including 8 private offices, 2 executive offices, a conference room, and a reception area. An open area is available for cubicles. The suite also features a spacious kitchen with a sink. Covered parking is available for all tenants. The property is conveniently located in downtown Palatine, directly across from the Palatine Metra Station, and is surrounded by shops and restaurants. The property offers 5021 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northwest Periodontics & Implants, ... Dental Implants Periodontist Northwest Periodontics Dentist LHWS Group Security System Supplier Edward Jones - Financial ... Investment Service Carson Wealth Financial Planner

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0484839
    Latitude
    42.1053242

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    FAQs

    What type of property is this?
    Office space - Office space near Palatine Metra Station with covered parking.
    Where is this office space located?
    The property is located at 220 N Smith St Palatine, IL.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Conveniently located directly across from Palatine Metra Station; - 8 Private Offices & **2 Executive Offices**; - Covered Parking Available for All Tenants
    (847) 459-9225
    Request Owner's contact information
    220 N Smith St Palatine, IL 60067
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    Palatine, IL 60067
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    220 N Smith St Palatine, IL 60067
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