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Retail Space in Deer Grove Centre
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605-771 E Dundee Rd, Palatine, IL

Grocery-anchored neighborhood shopping center in Palatine, Illinois.

Space Size2,528 SF - 7,841 SF
Lot Size37.40 Acres
Days on Market273

Property Features for 605-771 E Dundee Rd

General Information

Standard status Active
Size 2,528 SF - 7,841 SF
Lot size 37.40 Acres
Property subtype RETAIL

Spaces For Lease

at 605-771 E Dundee Rd Contact us

641 E Dundee Rd

Floor
1
Size
3,775 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
Deer Grove Centre is a popular grocery anchored, neighborhood shopping center located...
show more
Contact us

641 E Dundee Rd

Floor
1
Size
4,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
Deer Grove Centre is a popular grocery anchored, neighborhood shopping center located...
show more
Contact us

649 E Dundee Rd

Floor
1
Size
2,528 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
Deer Grove Centre is a popular grocery anchored, neighborhood shopping center located...
show more
Contact us

649 E Dundee Rd

Floor
1
Size
7,841 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
Deer Grove Centre is a popular grocery anchored, neighborhood shopping center located...
show more
Contact us
Listing Agency: Kimco Realty - Corporate
Listed By: Rich Bevis
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 9 Last Checked: Aug 24 at 9:51AM

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 Kimco Realty - Corporate

Investment Insights

Based on property information with market context.

Located in Palatine, Illinois, Deer Grove Centre is a neighborhood shopping center anchored by a grocery store. The center is also shadow-anchored by a Target store. The tenant line-up includes national big box chains. The property offers retail space with a size of 4000 square feet.

Key Highlights

  • Grocery‑anchored shopping center.
  • Located in a densely populated, affluent suburb of Chicago (Palatine, Illinois).
  • Shadow‑anchored by a busy Target.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Grocery & Convenience Store Acupuncture Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby
379k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 28% Superstores 20% Groceries 18% Dining 13%
Target Superstores
76,065 visits/mo 0.1 miles
Jewel-Osco Groceries
46,832 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
42,789 visits/mo 0.4 miles
Hobby Lobby Shops & Services
26,320 visits/mo 0.1 miles
Aldi Groceries
22,350 visits/mo 0.3 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

  • Deer Grove Centre 679 E Dundee Rd, Palatine, IL 60074
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Frequently Asked Questions

What type of property is this?
Shopping center - Grocery-anchored neighborhood shopping center in Palatine, Illinois.
Where is this shopping center located?
The property is located at 605-771 E Dundee Rd Palatine, IL.
What are key features of this property?
This property features: Grocery‑anchored shopping center.; Located in a densely populated, affluent suburb of Chicago (Palatine, Illinois).; Shadow‑anchored by a busy Target.
(248) 592-6222 Call to check price and availability
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