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Corner Land Parcel Available

756 E Northwest Highway, Palatine, IL 60074

For Sale
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Land available at Northwest Highway & Rohlwing Road.

Property SizeContact for details
Lot Size0.56 Acres
Days on Market1231

Property Features for 756 E Northwest Highway

General Information

Standard status Active
Lot size 0.56 Acres
Property subtype Land
Listing Agency: Baum Realty Group
Listed By: Mark Fredericks · License IL 475.143580
Source: Crexi
Added: Jun 30, 2023 Changed: Nov 9 Last Checked: Nov 10 at 8:42AM

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 Baum Realty Group

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Investment Insights

Based on property information with market context.

This commercial land parcel is located at the corner of Northwest Highway and Rohlwing Road. The site offers approximately 24,383 square feet of land. The location benefits from high traffic counts and easy access to IL-53. It is situated approximately 5 minutes from the Arlington Park Metra Station and less than 2 miles from the potential Chicago Bears stadium complex and Arlington Downs. Arlington Downs is a 32-acre mixed-use redevelopment featuring One Arlington Tower (214 units, 96% leased), Peyton Place Apartments (263 units), and First Ascent climbing wall entertainment complex (375 ropes). Proposed future plans for Arlington Downs include additional residential, a gas station, retail shops, restaurants, a brew pub, and a new 163-key, five-story hotel.

Key Highlights

  • High traffic corner location at Northwest Highway & Rohlwing Road.
  • Easy access to IL‑53.
  • Less than 2 miles from the potential Chicago Bears stadium complex and Arlington Downs.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

642
Businesses Nearby

Demographics for 60074, IL

37,705
Population
14,953
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
85%
High-School Grad
7.1 sq mi
ZIP Area
5,311
Density / Sq Mi
$81,911
Median Household Income
$45,217
Median Earnings
$1,429
Median Rent
$307,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Cook County

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Frequently Asked Questions

What type of property is this?
Commercial land - Land available at Northwest Highway & Rohlwing Road.
Where is this commercial land located?
The property is located at 756 E Northwest Highway Palatine, IL.
What are key features of this property?
This property features: High traffic corner location at Northwest Highway & Rohlwing Road.; Easy access to IL‑53.; Less than 2 miles from the potential Chicago Bears stadium complex and Arlington Downs.
(312) 275-3109 Call to check price and availability
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