Target-Anchored Power
For Lease
Contact for pricing
605-689 E Dundee Rd, Palatine, IL 60074
Target-anchored power center with abundant parking and retail availability at a major intersection.
Space SizeContact for details
Days on Market37
Property Features for 605-689 E Dundee Rd
General Information
Standard status
Active
Class
Unclassified
Property subtype
retail
Listing Agency:
Chicago
(312) 228-3094
Listed By:
Joaquin Manriquez · License #475.165511
(312) 228-3094
Source:
Property.jll
Added: Jul 16
Changed: Aug 14
Last Checked: Aug 21 at 4:13AM
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 Chicago
Investment Insights
Based on property information with market context.
This Target-anchored power center offers a strong anchor tenant lineup alongside grocery, discount, and soft goods co-tenancy. The center includes junior anchor and small shop opportunities, and there is an up to 3,600 SF freestanding outlot opportunity with drive-thru available for ground lease or build-to-suit.
The property is positioned at a major intersection of Dundee Rd and Rand Rd, with Dundee Rd at 26,100 cpd and Rand Rd at 28,900 cpd. Rand Rd serves as a dominant retail corridor for surrounding communities, supporting consistent customer exposure. The center also features an ample parking field with a 5.83/1,000 parking ratio, designed to accommodate peak shopping demand.
The property is positioned at a major intersection of Dundee Rd and Rand Rd, with Dundee Rd at 26,100 cpd and Rand Rd at 28,900 cpd. Rand Rd serves as a dominant retail corridor for surrounding communities, supporting consistent customer exposure. The center also features an ample parking field with a 5.83/1,000 parking ratio, designed to accommodate peak shopping demand.
Key Highlights
- Target‑anchored power center with retail co‑tenancy featuring grocery, discount, and soft goods tenants
- Prominent corner positioning at the intersection of Dundee Rd (26,100 cpd) and Rand Rd (28,900 cpd)
- Ample parking with a 5.83 per 1,000 parking ratio
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
379k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 28%
Superstores 20%
Groceries 18%
Dining 13%
Target
Superstores
76,065 visits/mo
0.1 miles
Jewel-Osco
Groceries
46,832 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
42,789 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
26,320 visits/mo
0.1 miles
Aldi
Groceries
22,350 visits/mo
0.3 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Target-anchored power center with abundant parking and retail availability at a major intersection.
Where is this shopping center located?
The property is located at 605-689 E Dundee Rd Palatine, IL.
What are key features of this property?
This property features: Target‑anchored power center with retail co‑tenancy featuring grocery, discount, and soft goods tenants; Prominent corner positioning at the intersection of Dundee Rd (26,100 cpd) and Rand Rd (28,900 cpd); Ample parking with a 5.83 per 1,000 parking ratio
