Commercial Land with Existing
For Sale
Contact for pricing
200 W Northwest Hwy, Palatine, IL 60067
Signalized corner site includes an existing drive-through and multiple access points.
Property SizeContact for details
Days on Market122
Property Features for 200 W Northwest Hwy
General Information
Standard status
Active
Class
C
Property subtype
Retail, Special Purpose
Investment Type
Value Add
Building Details
Year Built
2001
Buildings
1
Stories
1
Units
1
Listing Agency:
Eprus Group, Inc
Listed By:
Jim Tsevis · License #471.010909
Source:
Crexi
Added: May 1
Changed: Aug 29
Last Checked: Aug 29 at 10:22PM
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 Eprus Group, Inc
Investment Insights
Based on property information with market context.
This 1.36-acre commercial land offering includes a 13,000-square-foot freestanding building constructed in 2001. The former CVS property retains an existing drive-through lane and can support either reuse of the current improvements or redevelopment of the site.
The property occupies the signalized intersection of Northwest Highway (US-14) and Smith Road in Palatine, Illinois. Multiple access points connect the corner to surrounding commercial activity, commuter movement, and established residential areas. Its position along the Northwest Highway retail and service corridor provides a substantial existing commercial setting for future redevelopment or owner-user plans.
The property occupies the signalized intersection of Northwest Highway (US-14) and Smith Road in Palatine, Illinois. Multiple access points connect the corner to surrounding commercial activity, commuter movement, and established residential areas. Its position along the Northwest Highway retail and service corridor provides a substantial existing commercial setting for future redevelopment or owner-user plans.
Key Highlights
- 1.36‑acre corner commercial land site
- 13,000 SF freestanding building constructed in 2001
- Signalized intersection of Northwest Highway (US‑14) and Smith Road
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 45%
Wendy's
Dining
7,875 visits/mo
0.5 miles
7-Eleven
Shops & Services
7,671 visits/mo
0.4 miles
Papa John's Pizza
Dining
1,877 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
449 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Signalized corner site includes an existing drive-through and multiple access points.
Where is this commercial land located?
The property is located at 200 W Northwest Hwy Palatine, IL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 1.36‑acre corner commercial land site; 13,000 SF freestanding building constructed in 2001; Signalized intersection of Northwest Highway (US‑14) and Smith Road
