Fully Leased Office
For Sale
Contact for pricing
Pending
855 E Palatine Rd, Palatine, IL 60074
Professional and medical office use with private parking and a chair lift connecting floors.
Property Size14,500 SF
Lot Size0.79 Acres
Days on Market132
Property Features for 855 E Palatine Rd
General Information
Standard status
Pending
Size
14,500 SF
Total Parking Spaces
46
Lot size
0.79 Acres
Property subtype
Office
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Buildings
1
Building Size
14,500 SF
Parking Ratio
3 per 1,000 SF
Listing Agency:
The Wilcox Company
(773) 583-0800
Listed By:
Brian Ripp · License #IL 475138860
Source:
Crexi
Added: Apr 23
Changed: Aug 31
Last Checked: Aug 31 at 5:32AM
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 The Wilcox Company
Investment Insights
Based on property information with market context.
This fully leased office property contains a 14,500 SF professional and medical office building on a 34,600 SF lot. The two-floor layout includes a chair lift, while electricity is separately metered for the building. A private parking lot provides 46 spaces, supporting the existing office configuration.
The property fronts E Palatine Road in Palatine, Illinois, providing visibility along a busy roadway identified in the listing as having a high traffic count. Its combination of established occupancy, professional office improvements, on-site parking, and accessibility equipment creates a defined commercial profile for office building ownership.
The property fronts E Palatine Road in Palatine, Illinois, providing visibility along a busy roadway identified in the listing as having a high traffic count. Its combination of established occupancy, professional office improvements, on-site parking, and accessibility equipment creates a defined commercial profile for office building ownership.
Key Highlights
- Fully leased professional and medical office building
- 14,500 SF building on a 34,600 SF lot
- 46 parking spots in a private lot
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
814
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Professional and medical office use with private parking and a chair lift connecting floors.
Where is this office building located?
The property is located at 855 E Palatine Rd Palatine, IL.
What are key features of this property?
This property features: Fully leased professional and medical office building; 14,500 SF building on a 34,600 SF lot; 46 parking spots in a private lot
