Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    581 E Dundee Rd Palatine, IL 60074

    Loading data...
    Loading data...
    Loading data...
    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 581 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

    This retail space is located at the signalized intersection of W. Dundee Road and N. Hicks Road, offering multiple access points from each public roadway. The location benefits from high visibility on W. Dundee Road, which sees approximately 30,644 vehicles per day. Anchored by a high-traffic Jewel-Osco grocery store, the center is positioned within the Mount Prospect community, characterized by strong population density and household income demographics. The property is serviced by two pylon signs and offers 1,400 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Flight Fitness Studio Dance School

    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
    -88.0313967
    Latitude
    42.1388198

    Nearby Similar for Lease

    • $20 SF/Yr

      Retail Space in Palatine Center

      1500 SF retail space in high-traffic shopping center.
      293 N Northwest Hwy, Palatine, IL 60067
      View Details
    • $30 SF/Yr

      Commercial Lease in Kildeer, IL

      Commercial space for lease in a thriving suburban location.
      20370 Rand Rd, Palatine, IL 60074
      View Details
    • $25 SF/Yr

      Palatine Retail Storefront for Lease

      High-visibility corner storefront with easy access and abundant parking.
      60 W Palatine Rd, Palatine, IL 60067
      View Details
    • $16 SF/Yr

      Retail Space in Palatine, IL

      1,050 sqft retail space available for lease in Palatine, IL.
      763 N Quentin Rd, Palatine, IL 60067
      View Details
    • $10 SF/Yr

      Palatine Retail Space For Lease

      2,500 sq ft retail space in the heart of Palatine.
      1296 E Dundee Rd, Palatine, IL 60074
      View Details
    • $25 SF/Yr

      Retail Space in Palatine, IL

      Retail property for lease at a busy Palatine intersection.
      141-189 W Northwest Hwy, Palatine, IL 60067
      View Details

    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 581 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 with multiple access points.; - High visibility from W. Dundee Road (~30,644 vehicles per day).
    (410) 296-4800
    Request Owner's contact information
    581 E Dundee Rd Palatine, IL 60074
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    581 E Dundee Rd
    Palatine, IL 60074
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    581 E Dundee Rd Palatine, IL 60074
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.