Palatine, IL Commercial Real Estate for Sale

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33 properties

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Updated: Feb 25

Versatile Commercial Warehouse on Corner

640 E Northwest Highway, Palatine, IL 60074

$529,000

3,500 sqft

High‑traffic, high‑visibility corner location
Approximately 3,500 square feet of versatile space
Large parking area
Two 10' x 10' drive‑in garage doors
Newer roof and updated exterior stucco

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This listing looks promising.

Here's a quick look at some key insights for

640 E Northwest Highway, Palatine, IL 60074

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Est. Cap Rate

9.2%
Above avg (5.9%)
Est. NOI

$49K
Annual
Price @ 7% Cap

$694K
Above asking

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Updated: Jul 16

Five-Parcel Automotive & Car Wash Site

1098-1122 Dundee Road, Palatine, IL 60074

$3,529,000

2.70 AC lot

5‑parcel property on Dundee Rd with over 560 ft of frontage
Approx. 2.7 acres located in the Rand Rd TIF district
Lighted intersection shared with Walmart
Tenants mentioned include CarX, former Title Max, Hertz, Pollo del Rey, and the car wash
Central air cooling

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Brick Office Building with Four Suites

502 N Plum Grove Road, Palatine, IL 60067

$325,000

0.23 AC lot

Own a low-maintenance brick office building with four suites, shared common-area restrooms, and ample parking.

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Land For Sale, Palatine, IL

2227 N Rand Road, Palatine, IL 60074

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2.10 AC lot

2.1 acre commercial land available in Palatine, Illinois.

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Palatine Retail Space For Sale

1131 East Dundee Road, Palatine, IL 60074

$1,275,000

5,323 sqft 0.90 AC lot

Retail space in Palatine, Illinois, available for purchase.

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Cosmetology School & Salon Business

9999 confidential Avenue, Palatine, IL 60067

$75,000

0.05 AC lot

Remodeled cosmetology school and salon business for sale.

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Redevelopment Opportunity in Palatine, Illinois

1720-1724 N Rand Rd, Palatine, IL 60074

$2,750,000

13,890 sqft 1.83 AC lot

Vacant building on 1.83 acres for redevelopment.

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Palatine Land For Sale

623 West Lake Cook Road, Palatine, IL 60074

$1,275,000

1 sqft 1.57 AC lot

1.57 acre commercial opportunity near Deer Park Towne Square.

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Palatine Mixed-Use Multi-Tenant Building

110 N Brockway St, Palatine, IL 60067

$5,395,000

37,890 sqft

Architecturally distinct mixed-use building in downtown Palatine with Metra access.

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Iconic Palatine Commercial Redevelopment Opportunity

180 N Smith St, Palatine, IL

$2,500,000

21,500 sqft 1.06 AC lot

21,500 SF building with redevelopment potential in downtown Palatine.

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Storefront Medical Center

960 E DUNDEE RD, Palatine, IL 60074

$3,110,000

5,250 sqft

For sale medical center property at 960 E Dundee Rd in Palatine, providing a dedicated healthcare-ready retail-style setting.

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204 N Hicks Pl. , Palatine, IL 60067

204 N Hicks Pl., Palatine, IL 60067

$350,000

3,000 sqft

Storefront properties · 3,000 SF

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Free-Standing Building in Palatine

205 Hicks Pl, Palatine, IL

$350,000

3,000 sqft 0.09 AC lot

3,000 SF building in high-traffic Palatine location.

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Office

285 E Helen Rd, Palatine, IL 60067

$330,000

3,500 sqft

Office Units · 3,500 SF

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Palatine Commercial Land For Sale

1400 Northwest Highway, Palatine, IL 60074

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2 sqft 2.51 AC lot

2.51 acres of commercial land near Arlington Park.

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River West Development Opportunity

550 W Colfax St, Palatine, IL

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10,448 sqft 0.53 AC lot

Land with income-generating billboard in River West/West Town.

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Palatine Retail Building For Sale

404 E Palatine Rd, Palatine, IL

$4,300,000

3,010 sqft 0.37 AC lot

3,010 SF building on 0.79 acre site for sale.

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Office

650 N 1st Bank Dr, Palatine, IL 60067

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4,029 sqft

Office buildings · 4,029 SF

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Palatine Commercial Land for Sale

1546 E Dundee Rd, Palatine, IL

$4,700,000

5.47 AC lot

Commercial land with redevelopment potential and convenient highway access.

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Turnkey Restaurant with Drive-Thru

1158 E Dundee Rd, Palatine, IL

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1,744 sqft 0.51 AC lot

1,744 SF restaurant with drive-thru on half-acre lot.

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High-Visibility Corner Retail Storefront

32-60 W Palatine Road, Palatine, IL 60067

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Corner storefront with abundant parking and strong traffic counts on a major corridor.

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Turnkey Restaurant with Drive-Thru

1158 E Dundee Rd, Palatine, IL 60074

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1,744 sqft 0.50 AC lot

1,744 SF restaurant with drive-thru on half-acre lot.

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Retail, Land, Special Purpose

180 N Smith St, Palatine, IL 60067

$2,500,000

21,500 sqft 1.00 AC lot

Mixed-use properties · 21,500 SF

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Palatine Retail Space For Sale

801 N Quentin Road, Palatine, IL 60067

$42,500

Retail space available in Quentin Corners shopping center, Palatine, IL.

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Palatine, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Palatine, IL, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 127,302 square feet of properties for sale, with an estimated market value of $32,439,000.

Sale prices for business properties in Palatine, IL start at $330,000, averaging $2,495,307, and reaching up to $7,775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 74K

Population Growth (5Y) -4.1%

Median Household Income $102,227

College Educated 19.9%

High-Yield Neighborhoods for Investment

Identify Palatine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60067	$996.9K
60074	$2.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Palatine fall within the 100,000+ square foot range.

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