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    509-583 E Dundee Rd Palatine, IL 60074

    For Lease
    Contact for pricing

    Retail space with high visibility near a high-traffic grocery store.

    Property size:
    1,400 SF
    Lot size:
    9.87 Acres

    Property Features for 509-583 E Dundee Rd

    General Information

    Size
    1,400 SF
    Lot size
    9.87 Acres

    Source: Continental Realty Corporation Agent Kristin Perry

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

    Overview

    Retail Space Near Jewel-Osco

    Located at the signalized intersection of W. Dundee Road and N. Hicks Road, this retail space benefits from multiple access points from each public roadway. The location is anchored by a high-traffic Jewel-Osco grocery store. Shop spaces feature high visibility from W. Dundee Road, which sees approximately 30,644 vehicles per day. The surrounding Mount Prospect community features strong population density and household income demographics. The center is serviced by two pylon signs. The property offers 1400 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Deer Grove Centre, DUNDEE POINT, Coinstar Kiosk Bitcoin Enabled, Coinstar Kiosk, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0320252
    Latitude
    42.1378879

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    FAQs

    What type of property is this?
    Shopping center - Retail space with high visibility near a high-traffic grocery store.
    Where is this shopping center located?
    The property is located at 509-583 E Dundee Rd Palatine, IL.
    What are key features of this property?
    This property features: - Anchored by a high-traffic Jewel-Osco grocery store; - Located at the signalized intersection of W. Dundee Road and N. Hicks Road; - High visibility from W. Dundee Road (~30,644 vehicles per day)
    (410) 296-4800
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    509-583 E Dundee Rd Palatine, IL 60074
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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
    509-583 E Dundee Rd Palatine, IL 60074
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