Corner Commercial
For Lease
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756 E Northwest Hwy, Palatine, IL 60074
Commercial land at a corner site with high-traffic exposure and easy access, near Route 53.
Lot Size0.56 Acres
Days on Market952
Property Features for 756 E Northwest Hwy
General Information
Standard status
Active
Lot size
0.56 Acres
Property subtype
LAND
Listing Agency:
Baum Realty
(312) 275-3109
Listed By:
Mark Fredericks · License #475143580
Source:
Moodyscre
Added: Dec 21, 2023
Changed: Jul 30
Last Checked: Jul 30 at 10:17AM
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 Baum Realty
Investment Insights
Based on property information with market context.
This commercial land parcel is available at the northwest corner of Northwest Highway and Rohlwing Road. Approximately 24,383 SF of land is available for development or site use, with easy access designed to support high-visibility retail and service concepts.
The site is described as having high traffic counts and close proximity to Route 53. It is also positioned for convenient access to transit and major area destinations, including a five-minute drive to Arlington Park Metra station (1,672 passengers per weekday). The property is less than two miles from Arlington International Racecourse, which draws an estimated 800,000 visitors per year.
Near the racecourse, the Arlington Downs mixed-use development is expected to add 263 apartments, 40,000 SF of new retail space, and a four-story, 116-room hotel to the market.
The site is described as having high traffic counts and close proximity to Route 53. It is also positioned for convenient access to transit and major area destinations, including a five-minute drive to Arlington Park Metra station (1,672 passengers per weekday). The property is less than two miles from Arlington International Racecourse, which draws an estimated 800,000 visitors per year.
Near the racecourse, the Arlington Downs mixed-use development is expected to add 263 apartments, 40,000 SF of new retail space, and a four-story, 116-room hotel to the market.
Key Highlights
- Approximately 24,383 SF of commercial land available
- Corner site at the northwest corner of Northwest Highway and Rohlwing Road
- High traffic counts with easy access
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land at a corner site with high-traffic exposure and easy access, near Route 53.
Where is this commercial land located?
The property is located at 756 E Northwest Hwy Palatine, IL.
What are key features of this property?
This property features: Approximately 24,383 SF of commercial land available; Corner site at the northwest corner of Northwest Highway and Rohlwing Road; High traffic counts with easy access
