Retail and Office
For Lease
$24 SF/Yr
52 W Palatine Rd, Palatine, IL 60067
Two retail/office suites on Palatine Road with private restrooms, high ceilings, and on-site parking.
Space SizeContact for details
Days on Market205
Property Features for 52 W Palatine Rd
General Information
Standard status
Active
Total Parking Spaces
28
Zoning
B-3
Warehouse & Industrial
Clear Height
12 ft
Heavy Power
Yes
Additional Details
Traffic Count
25,000 vehicles/day
Amenities
private restroom
flexible layout
walkable downtown environment
foot traffic
commuter accessibility
strong visibility
exposure
Building Details
Year Built
1957
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial NRT
Listed By:
Paul Proano · License #475170890
(312) 860-4043
Source:
Realtopiare
Added: Mar 31
Changed: Oct 14
Last Checked: Oct 7 at 2:07PM
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 Coldwell Banker Commercial NRT
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Investment Insights
Based on property information with market context.
This property offers two available retail and office suites that can be leased individually or combined to fit different business needs. The 850-square-foot suite is available immediately and includes a flexible layout, a private restroom, 10 to 12 foot ceilings, and 200-amp electrical service. The 1,050-square-foot suite features similar ceiling heights and electrical capacity and is currently leased through September 2026.
Located along Palatine Road in an established downtown retail corridor in Palatine, the property is within walking distance of Palatine Town Square, downtown Palatine, and the Metra station. The strip center setting is supported by long-standing businesses, and Palatine Road is a primary east-west corridor with approximately 20,000 to 25,000 vehicles per day, providing visibility and exposure.
The property is zoned B-3 Central Business District, supporting a range of retail, office, and service uses in a walkable downtown environment. Approximately 28 on-site parking spaces are available, including 2 designated handicap spaces. Tenant is responsible for electric, heat, and internet, while landlord covers water.
Located along Palatine Road in an established downtown retail corridor in Palatine, the property is within walking distance of Palatine Town Square, downtown Palatine, and the Metra station. The strip center setting is supported by long-standing businesses, and Palatine Road is a primary east-west corridor with approximately 20,000 to 25,000 vehicles per day, providing visibility and exposure.
The property is zoned B-3 Central Business District, supporting a range of retail, office, and service uses in a walkable downtown environment. Approximately 28 on-site parking spaces are available, including 2 designated handicap spaces. Tenant is responsible for electric, heat, and internet, while landlord covers water.
Key Highlights
- Two available suites on Palatine Road: approx. 850 SF and 1,050 SF, leased individually or combined
- 850 SF suite available immediately with private restroom, 10 to 12 ft ceilings, and 200‑amp electrical service
- 1,050 SF suite currently leased through September 2026 with 10 to 12 ft ceilings and electrical capacity
Property Analytics
Current Use
Lease Details
12 ft
Clear height
25,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Heavy power
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,117
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
Frequently Asked Questions
What type of property is this?
Office unit - Two retail/office suites on Palatine Road with private restrooms, high ceilings, and on-site parking.
Where is this office unit located?
The property is located at 52 W Palatine Rd Palatine, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Two available suites on Palatine Road: approx. 850 SF and 1,050 SF, leased individually or combined; 850 SF suite available immediately with private restroom, 10 to 12 ft ceilings, and 200‑amp electrical service; 1,050 SF suite currently leased through September 2026 with 10 to 12 ft ceilings and electrical capacity
