Signalized Corner Commercial
For Lease
Contact for pricing
200 W Northwest Hwy, Palatine, IL 60067
Redevelopment or reuse site with an existing freestanding building and drive-through lane.
Space SizeContact for details
Property Size13,057 SF
Days on Market124
Property Features for 200 W Northwest Hwy
General Information
Standard status
Active
Size
13,057 SF
Class
C
Total Parking Spaces
55
Property subtype
Retail, Restaurant, Special Purpose
Lease Type
NNN
Building Details
Building Size
13,057 SF
Year Built
2001
Tenancy
Multiple
Spaces For Lease
at 200 W Northwest Hwy Contact us- Type
- Restaurant, Retail, Special Purpose
- Lease Type
- NNN
- Availability
- Active
200 $12 – $15.50/SF/Yr
Listing Agency:
Eprus Group, Inc
Listed By:
Jim Tsevis · License #471.010909
Source:
Crexi
Added: May 1
Changed: Aug 30
Last Checked: Aug 30 at 11:29PM
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 commercial land offering includes a 1.36-acre corner site with an existing 13,000 SF building, drive-through lane, and multiple access points. The property can support reuse of the current improvements or a ground-up redevelopment plan, with the source information identifying retail, medical, service, and food-oriented applications.
The site is positioned at the signalized intersection of Northwest Highway (US-14) and Smith Road in Palatine. Its location places the property along the Northwest Highway retail and service corridor, near residential rooftops and commuter traffic. The freestanding configuration and corner placement provide a substantial commercial setting within an established suburban area.
The site is positioned at the signalized intersection of Northwest Highway (US-14) and Smith Road in Palatine. Its location places the property along the Northwest Highway retail and service corridor, near residential rooftops and commuter traffic. The freestanding configuration and corner placement provide a substantial commercial setting within an established suburban area.
Key Highlights
- 1.36‑acre commercial land site
- Existing 13,000 SF freestanding building
- Signalized corner at Northwest Highway (US‑14) and Smith Road
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Redevelopment or reuse site with an existing freestanding building and drive-through lane.
Where is this commercial land located?
The property is located at 200 W Northwest Hwy Palatine, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1.36‑acre commercial land site; Existing 13,000 SF freestanding building; Signalized corner at Northwest Highway (US‑14) and Smith Road
