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    44-60 W Palatine Rd Palatine, IL 60067

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    For Lease
    $27 SF/Yr ($1,901 /Mo)

    Retail space in downtown Palatine with high visibility.

    Property size:
    845 SF
    Lot size:
    0.78 Acres

    Property Features for 44-60 W Palatine Rd

    General Information

    Size
    845 SF
    Lot size
    0.78 Acres

    Source: Troy Companies Agent Peter Karlis

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

    Overview

    Prime Retail Space in Palatine

    This retail space is available for rent in downtown Palatine. The storefront is located in a corner building, offering high visibility and easy access. Onsite parking is abundant, with a public lot located across the street. The property benefits from an excellent tenant mix. Palatine Road sees over 13,000 vehicles per day, while Brockway sees 1,200. The location is three blocks from the Metra station. The property has a size of 845 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0456462
    Latitude
    42.1107046

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    FAQs

    What type of property is this?
    Retail space - Retail space in downtown Palatine with high visibility.
    Where is this retail space located?
    The property is located at 44-60 W Palatine Rd Palatine, IL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - High visibility storefront in prime downtown location.; - Abundant onsite parking and public lot across the street.; - Excellent tenant mix.
    (630) 853-1313
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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
    44-60 W Palatine Rd Palatine, IL 60067
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