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Medical Office and Retail Building
For Sale
Contact for pricing
Pending

124 South Northwest Highway, Palatine, IL 60074

Commercial building currently configured as a dental office with multiple private rooms, restrooms, and front and rear parking.

Property SizeContact for details
Days on Market149

Property Features for 124 South Northwest Highway

General Information

Standard status Pending
Property subtype Retail, Office
Zoning B-2

Additional Details

Highway Access Yes

Amenities

Waiting Room
Private Rooms
Work Spaces
Lounge
Kitchenette
2 Restrooms
Listing Agency: RE/MAX AT HOME
Listed By: Niki Metropoulos · License #IL 475130694
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Sep 5 at 5:53PM

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 RE/MAX AT HOME

Investment Insights

Based on property information with market context.

This commercial building is currently set up for dental office use, including a waiting room, private rooms, work spaces, a lounge, and a kitchenette. The property includes two restrooms. Parking is available in both the front and rear of the building, and the HVAC system is approximately five years old. The roof is described as newer, and dental equipment will be removed prior to sale.

Situated on a highly traveled northwest highway with heavy traffic and high visibility, the location is close to trains, expressways, and “heart of town” amenities as described in the remarks. The building is offered with B-2 zoning, which may provide a range of options depending on tenant or user requirements.

As-is, the interior supports medical office operations, while the zoning designation and existing parking layout can also be relevant for retail or office users evaluating a flexible commercial space.

Key Highlights

  • Commercial building currently configured as a dental office with waiting room, private rooms, work spaces, and a lounge
  • Includes a kitchenette, multiple private rooms, and 2 restrooms
  • Front and rear parking available

Property Analytics

Current Use

Clock Tower Dentistry Dental Office Toto Dental Associates ... Dental Office Toto Dental Associates Dental Office Toto Dental Associates: ... Dental Office Dr. Samer Abdallah Dental Office

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store Travel Agency Pet Grooming Service

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,009
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Commercial building currently configured as a dental office with multiple private rooms, restrooms, and front and rear parking.
Where is this medical office space located?
The property is located at 124 South Northwest Highway Palatine, IL.
What are key features of this property?
This property features: Commercial building currently configured as a dental office with waiting room, private rooms, work spaces, and a lounge; Includes a kitchenette, multiple private rooms, and 2 restrooms; Front and rear parking available
More about this property
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