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Retail Space in Neighborhood Center
For Lease
$25 SF/Yr

315-345 W Northwest Highway #335, Palatine, IL 60067

Former pub space within a multi-tenant shopping center serving retail, service, and office users.

Space SizeContact for details
Property Size37,200 SF
Days on Market404

Property Features for 315-345 W Northwest Highway #335

General Information

Standard status Active
Size 37,200 SF
Total Parking Spaces 190

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1979
Stories 1
Building Size 37,200 SF
Tenancy Multi
Listing Agency: Millennium Properties RE, Inc.
Listed By: Susan Silver · License #475136992
Source: Exit2newbeginningz
Added: Jul 2, 2025 Changed: Aug 7 Last Checked: Aug 8 at 12:33PM

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 Millennium Properties RE, Inc.

Investment Insights

Based on property information with market context.

Former pub space is available within Stevens Pointe Center, a 37,200-square-foot neighborhood shopping center at 315-345 W Northwest Highway in Palatine. The property was built in 1979 and includes 190 customer and employee parking spaces. Existing center tenants include MocaFit gym, Wine Cellar, Best Brains Learning Center, One Taco Dos Tequilas, Hot Pockets Sports Bar, and Born 2 Dance, Inc.

The center fronts Northwest Highway, a major commercial corridor in the area, with access to Route 53 and I-90. The property is located in Palatine, within the northwest suburbs of Chicago. The surrounding five-mile area includes more than 256,000 consumers, while nearby high-tech corridor expansion has accompanied plans for thousands of new homes and apartments.

Key Highlights

  • Former pub space at Stevens Pointe Center
  • 37,200‑square‑foot neighborhood shopping center
  • 190 parking spaces for customers and employees

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Barber Shop Storage Facility

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

836
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Former pub space within a multi-tenant shopping center serving retail, service, and office users.
Where is this retail space located?
The property is located at 315-345 W Northwest Highway #335 Palatine, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Former pub space at Stevens Pointe Center; 37,200‑square‑foot neighborhood shopping center; 190 parking spaces for customers and employees
More about this property
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