Search
Elevator-Served Retail Office Suite
For Lease
Contact for pricing

315 W Northwest Hwy, Palatine, IL 60067

Suite in a larger shopping center with elevator access and available pylon signage, plus ample parking.

Property Size1,000 SF
Days on Market368

Property Features for 315 W Northwest Hwy

General Information

Standard status Active
Size 1,000 SF
Property subtype OFFICE
Lease Type SF/mo
Listing Agency: Millennium Properties Real Estate
Listed By: Susan B. Silver · License #475136992
Source: Moodyscre
Added: Jul 29, 2025 Changed: Jul 28 Last Checked: Jul 30 at 2:43PM

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.

This offering includes approximately 530 square feet of retail/office space within a 37,200-square-foot shopping center. The building includes elevator service for the office suites, and pylon signage is available. Parking is described as ample for customer and tenant use.

The property is positioned for strong commercial visibility near US Route 14 with easy access. Nearby area attractions and retailers listed in the remarks include Jewel-Osco, Taphouse Grill, Mariano’s, EuroFresh Market, McDonald’s, Subway, 7-Eleven, Dunkin, CVS Pharmacy, Chase, and BMO Harris Bank.

Ideal for a business seeking retail and office flexibility within a multi-tenant center, this suite is located in a setting supported by established nearby national and regional retailers.

Key Highlights

  • Suite in a 37,200 SF shopping center with 530 SF of retail/office space
  • Elevator services the office suites
  • Pylon signage available

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

642
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Suite in a larger shopping center with elevator access and available pylon signage, plus ample parking.
Where is this office units located?
The property is located at 315 W Northwest Hwy Palatine, IL.
What is the lease rate?
The lease rate is $1,000 /Mo.
What are key features of this property?
This property features: Suite in a 37,200 SF shopping center with 530 SF of retail/office space; Elevator services the office suites; Pylon signage available
(312) 338-3001 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message