Brick Office Building With Four
For Sale
Under Contract
$325,000
502 N Plum Grove Road, Palatine, IL 60067
Commercial Sale, Palatine, IL
Property SizeContact for details
Lot Size0.23 Acres
Days on Market338
Property Features for 502 N Plum Grove Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
PUD
Directions
Plum Grove Road just south of Route 14 in Plum Grove Office Park
Subdivision
Palatine
Standard status
Active Under Contract
APN
02152080220000
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
30784
Utilities
Cooling system
Central Air
Amenities
common area bathrooms
Building Details
Year built
1989
Floors in Building
1
Number of units
4
Building materials
Brick
Listing Agency:
MisterHomes Real Estate
(847) 849-1797
Listed By:
Matt Hernacki · License #471000354
(847) 849-1797 x501
Added: Sep 17, 2025
Changed: Aug 19
Last Checked: Aug 20 at 9:06AM
MLS# 12472445
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1989 office building is constructed of brick and arranged as four separate office suites with shared restrooms. The layout can accommodate one to four units, providing flexibility for different occupancy plans. Central air serves the building, and the roof was replaced two years ago, supporting a low-maintenance physical profile.
The property occupies 0.23 acres in Plum Grove Office Park in Palatine, at the point where Plum Grove Road meets Northwest Highway. It is positioned along the Route 14 corridor and includes on-site parking. PUD zoning applies to the property.
The property occupies 0.23 acres in Plum Grove Office Park in Palatine, at the point where Plum Grove Road meets Northwest Highway. It is positioned along the Route 14 corridor and includes on-site parking. PUD zoning applies to the property.
Key Highlights
- Four separate office suites with common‑area restrooms
- Configurable from 1 to 4 units
- Brick construction with a 1989 build year
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
Yes
Paved road access
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 configuration includes central air, shared restrooms, and parking within a commercial office park.
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 separate office suites with common‑area restrooms; Configurable from 1 to 4 units; Brick construction with a 1989 build year
