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Palatine Land For Sale
For Sale
$1,275,000

623 West Lake Cook Road, Palatine, IL 60074

1.57 acre commercial opportunity near Deer Park Towne Square.

Property Size1 SF
Lot Size1.57 Acres
Price / SF$1,275,000
Days on Market138

Property Features for 623 West Lake Cook Road

General Information

Standard status Active
Size 1 SF
Lot size 1.57 Acres
Property subtype Land
Listing Agency: CBRE | Chicago
Listed By: David Erickson
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 9 at 1:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Chicago

Investment Insights

Based on property information with market context.

This 1.57-acre property presents a multi-family or commercial development opportunity. It is situated across from Deer Park Towne Square, a lifestyle center with shopping, dining, and entertainment options. The property has frontage along an existing commercial corridor in Palatine, Illinois, and is located 4 minutes from Route 53.

Key Highlights

  • 1.57 acre multi‑family / commercial opportunity
  • Located across from Deer Park Towne Square (upscale lifestyle center)
  • Shopping, dining and entertainment amenities nearby

Property Analytics

Current Use

Bartell Landscaping Inc Landscaping

Suggested Use

Top Pick Electrical Service Locksmith HVAC Service Catering Service Cafe & Coffee Shop Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby

Demographics for 60074, IL

37,705
Population
14,953
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
85%
High-School Grad
7.1 sq mi
ZIP Area
5,311
Density / Sq Mi
$81,911
Median Household Income
$45,217
Median Earnings
$1,429
Median Rent
$307,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.57 acre commercial opportunity near Deer Park Towne Square.
Where is this commercial land located?
The property is located at 623 West Lake Cook Road Palatine, IL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 1.57 acre multi‑family / commercial opportunity; Located across from Deer Park Towne Square (upscale lifestyle center); Shopping, dining and entertainment amenities nearby
More about this property
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