Retail Space with Central
New
For Lease
Contact for pricing
141-189 W NORTHWEST Highway, Palatine, IL 60067
Commercial Lease, Palatine, IL
Space SizeContact for details
Days on Market4
Property Features for 141-189 W NORTHWEST Highway
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
RTAIL
Directions
CORNER OF NORTHWEST HIGHWAY AND SMITH RD
Subdivision
Palatine
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Utilities
Cooling system
Central Air
Building Details
Year built
1980
Floors in Building
1
Number of units
18
Building materials
Brick
Listing Agency:
USA Real Estate Ltd.
Listed By:
Joe Zivoli · License #ILLINOIS471-001855
(847) 640-6800
Added: Oct 28
Last Checked: Oct 31 at 8:06AM
MLS# 12795975
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This retail space is in a brick building constructed in 1980 and has central air conditioning. The lease’s total monthly rent includes base rent, CAM, and real estate taxes.
The property is at the intersection of Northwest Highway and Smith Road in Palatine, across from CVS Pharmacy and Chase Bank. Ample parking is available.
The property is at the intersection of Northwest Highway and Smith Road in Palatine, across from CVS Pharmacy and Chase Bank. Ample parking is available.
Key Highlights
- Retail space at Northwest Highway and Smith Road
- Across the street from CVS Pharmacy and Chase Bank
- Ample parking
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
98k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 34%
Home Improvements & Furnishings 9%
Beauty & Spa 1%
Wendy's
Dining
16,135 visits/mo
0.3 miles
Starbucks
Dining
15,404 visits/mo
0.2 miles
Dollar Tree
Shops & Services
13,908 visits/mo
0.4 miles
Taco Bell
Dining
13,247 visits/mo
0.3 miles
Mutual Ace Hardware Corp
Home Improvements & Furnishings
7,880 visits/mo
0.5 miles
Demographics for 60067, IL
39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Total monthly rent combines base rent, CAM, and real estate taxes.
Where is this retail space located?
The property is located at 141-189 W NORTHWEST Highway Palatine, IL.
What are key features of this property?
This property features: Retail space at Northwest Highway and Smith Road; Across the street from CVS Pharmacy and Chase Bank; Ample parking
