Brick Office
For Sale
$325,000
502 N Plum Grove Road, Palatine, IL 60067
Flexible office property with four existing suites, shared restrooms, and on-site parking along the Route 14 corridor.
Property Size3,778 SF
Days on Market338
Property Features for 502 N Plum Grove Road
General Information
Standard status
Active
Size
3,778 SF
Property subtype
Commercial
Zoning
PUD
Additional Details
Office Units
4
Taxes and HOA fees
Annual Taxes
$30,784
Building Details
Building Size
3,778 SF
Year Built
1989
Stories
1
Units
4
Construction
brick
Listing Agency:
MisterHomes Real Estate
(847) 849-1797
Listed By:
Matt Hernacki · License #471000354
(847) 849-1797
Source:
Perillorealestategroup
Added: Sep 17, 2025
Changed: Aug 18
Last Checked: Aug 19 at 2:36PM
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 MisterHomes Real Estate
Investment Insights
Based on property information with market context.
This office building was constructed in 1989 with a full brick exterior and a layout currently configured as four separate suites. Common-area bathrooms serve the existing arrangement, while the interior can be reconfigured into between one and four office units to suit the intended use. The property is zoned PUD and includes on-site parking.
The building is located at 502 N Plum Grove Road in Palatine, where Plum Grove Road meets Northwest Highway. Its setting places the property along the Route 14 corridor. The roof was replaced two years ago, supporting a lower-maintenance ownership profile.
The building is located at 502 N Plum Grove Road in Palatine, where Plum Grove Road meets Northwest Highway. Its setting places the property along the Route 14 corridor. The roof was replaced two years ago, supporting a lower-maintenance ownership profile.
Key Highlights
- Four existing office suites with shared common‑area bathrooms
- Interior layout can accommodate 1‑4 office units
- Full brick construction; built in 1989
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,552
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office property with four existing suites, shared restrooms, and on-site parking along the Route 14 corridor.
Where is this office building located?
The property is located at 502 N Plum Grove Road Palatine, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four existing office suites with shared common‑area bathrooms; Interior layout can accommodate 1‑4 office units; Full brick construction; built in 1989
