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Retail/Office Space in Palatine
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315 W Northwest Hwy, Palatine, IL

Retail/office spaces available in a shopping center with ample parking.

Space Size500 SF - 2,530 SF
Lot Size3.36 Acres
Days on Market389

Property Features for 315 W Northwest Hwy

General Information

Standard status Active
Size 500 SF - 2,530 SF
Lot size 3.36 Acres
Property subtype OFFICE
Lease Type Gross

Spaces For Lease

at 315 W Northwest Hwy Contact us

315 W Northwest Hwy $25/SF/Yr

Floor
1
Size
1,200 SF
Type
RETAIL
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- ,530 SF of retail/office spaces - Part of 37,200 SF shopping center - Elevator...
show more
Contact us

315 W Northwest Hwy $25/SF/Yr

Floor
1
Size
2,530 SF
Type
RETAIL
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- ,530 SF of retail/office spaces - Part of 37,200 SF shopping center - Elevator...
show more
Contact us

315 W Northwest Hwy $1,000/Mo

Floor
1
Size
1,000 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- ,530 SF of retail/office spaces - Part of 37,200 SF shopping center - Elevator...
show more
Contact us

315 W Northwest Hwy $500/Mo

Floor
1
Size
500 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- ,530 SF of retail/office spaces - Part of 37,200 SF shopping center - Elevator...
show more
Contact us

315 W Northwest Hwy $500/Mo

Floor
1
Size
500 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- ,530 SF of retail/office spaces - Part of 37,200 SF shopping center - Elevator...
show more
Contact us
Listing Agency: Millennium Properties Real Estate
Listed By: Susan B. Silver · License #475136992
Source: Moodyscre
Added: Jul 29, 2025 Changed: Aug 12 Last Checked: Aug 21 at 2:41PM

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 Real Estate

Investment Insights

Based on property information with market context.

Available for lease are retail and office spaces totaling 530 square feet, situated within a 37,200 square foot shopping center. The property benefits from elevator service to the office suites and pylon signage opportunities. Ample parking is available. The location offers strong commercial presence near US Route 14, with excellent visibility and easy access. Nearby attractions include Jewel-Osco, Taphouse Grill, Mariano’s, EuroFresh Market, McDonald’s, Subway, 7-Eleven, Dunkin, CVS Pharmacy, Chase, and BMO Harris Bank. The average household income exceeds $100,000 within a one-mile radius.

Key Highlights

  • Strong commercial location near US Rte 14
  • Excellent visibility and easy access**
  • Ample parking

Property Analytics

Current Use

Team Rehabilitation Physical ... Physician Pep Boys (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

836
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 28% Beauty & Spa 3%
McDonald's Dining
21,987 visits/mo 0.2 miles
Chase Bank Shops & Services
9,827 visits/mo 0.3 miles
Dunkin' Donuts Dining
6,977 visits/mo 0.2 miles
Burger King Dining
6,404 visits/mo 0.4 miles
BMO Harris Bank Shops & Services
3,159 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Century Plaza Century Plaza Shopping Center, 375 W Northwest Hwy, Palatine, IL 60067

Frequently Asked Questions

What type of property is this?
Shopping center - Retail/office spaces available in a shopping center with ample parking.
Where is this shopping center located?
The property is located at 315 W Northwest Hwy Palatine, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Strong commercial location near US Rte 14; Excellent visibility and easy access**; Ample parking
(312) 338-3001 Call to check price and availability
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