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Corner Commercial Land
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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.

Space SizeContact for details
Lot Size0.56 Acres
Days on Market1043

Property Features for 756 E Northwest Hwy

General Information

Standard status Active
Lot size 0.56 Acres
Property subtype LAND

Spaces For Lease

at 756 E Northwest Hwy
756 E Northwest Hwy AVAILABLE, Now
Type LAND
Rate Contact for pricing
Sublease No
- Great corner location at the northwest corner of northwest highway and rohlwing road. - ±24,383 sf of land available. - High traffic counts with easy access. - Close proximity to route 53. 5-minute drive to arlington park metra station (1,672 passengers per weekday). - Less than two miles from arlington international racecourse with 800,000 visitors per year and the $350 million arlington downs mixed-use development which will bring 263 apartments, 40,000 sf of new retail space, and a four-story 116-room new hotel to the market.
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Listing Agency: Baum Realty
Listed By: Mark Fredericks · License #475143580
Source: Moodyscre
Added: Dec 21, 2023 Changed: Oct 26 Last Checked: Oct 28 at 9:20AM

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

Rey
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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.

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

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Suggested Use

Top Pick Law Firm Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

642
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
(312) 275-3109 Call to check price and availability
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