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    200 Northwest Hwy Palatine, IL 60067

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    For Lease
    Contact for pricing

    13,057 SF Sublease Opportunity

    Lot size:
    13,057 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,057 square foot retail space is available for sublease at 200 West Northwest Highway in Cook County. Located on a highly visible corner lot at the intersection of Northwest Highway and North Smith Street, this single-tenant property boasts a prime location within a thriving commercial area. The property benefits from strong co-tenancy with established national brands including McDonald's, Chase Bank, Dunkin', and Subway, ensuring high foot traffic and excellent brand visibility. This presents a unique opportunity for businesses seeking a well-established location with significant exposure to a dense customer base. The sublease term expires December 31, 2025, offering flexibility for short-term or long-term occupancy planning. The property's size and location make it ideal for a variety of retail uses, providing ample space for a flagship store or expansion of an existing business. The high-traffic intersection and proximity to numerous amenities make this a highly desirable location for attracting customers and building brand recognition. Serious inquiries are encouraged to explore this exceptional retail sublease opportunity. Contact us today to schedule a viewing and discuss your business needs.

    Property Features for 200 Northwest Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,057 SF

    Unit(s) available at that property

    Space
    Size
    13,057 SF

    HighLights

    • 13,057 SF retail space available for sublease.
    • Single‑tenant occupancy.
    • Located at the northwest corner of Northwest Highway and N. Smith Street in Cook County.
    • Strong co‑tenancy including McDonald's, Chase Bank, Dunkin', and Subway.
    • Lease expires December 31, 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy Reinvigorate Health Detox ... Counselor Redbox Movie Rental Kiosk UPS Access Point ... Shipping And Mailing Service CVS Drug Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0492114
    Latitude
    42.1230633

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    FAQs

    What type of property is this?
    Retail property - 13,057 SF Sublease Opportunity
    Where is this retail property located?
    The property is located at 200 Northwest Hwy Palatine, IL.
    What are key features of this property?
    This property features: 13,057 SF retail space available for sublease.; Single-tenant occupancy.; Located at the northwest corner of Northwest Highway and N. Smith Street in Cook County.
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    200 Northwest Hwy Palatine, IL 60067
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Northwest Hwy Palatine, IL 60067
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