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    317 Dundee Rd Palatine, IL 60067

    For Lease
    $24 SF/Yr

    1200 sq ft storefront, high visibility

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,200 square foot retail storefront is available for lease at 317 Dundee Road in Palatine, Illinois, within Cook County. Located in a 13,188 square foot shopping center, this space offers excellent visibility and accessibility, situated near the intersection of Hicks and Dundee Roads. Previously used as a dance studio, this versatile unit presents a blank canvas for a variety of retail businesses, boutiques, offices, or even a restaurant. The property boasts convenient ingress and egress, ensuring easy access for customers and employees. Ample parking is provided with 50 spaces available for tenants and shoppers. The location within the shopping center provides a synergistic environment, benefiting from the foot traffic generated by neighboring businesses. This prime Palatine location offers a unique opportunity for businesses seeking high visibility and convenient access in a thriving commercial area. The zip code is 60067. The property is categorized as a multi-tenant retail storefront.

    Property Features for 317 Dundee Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,200 SF
    Rate per SF
    $24

    HighLights

    • 1,200 SF retail space, previously a dance studio.
    • Located within a 13,188 SF neighborhood shopping center.
    • Strong tenant mix including military recruitment centers, medical office, grocery, and dry cleaner.
    • High‑visibility corner location at Hicks and Dundee Roads.
    • Abundant on‑site parking.
    • Convenient access to Route 83.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Palatine Family Footcare Medical Clinic Palatine Podiatry Center Medical Clinic Brezinski Paul F ... Podiatrist Dr. Maria Chon Podiatrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0358981
    Latitude
    42.1388221

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    FAQs

    What type of property is this?
    Individual retail property - 1200 sq ft storefront, high visibility
    Where is this individual retail property located?
    The property is located at 317 Dundee 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: 1,200 SF retail space, previously a dance studio.; Located within a 13,188 SF neighborhood shopping center.; Strong tenant mix including military recruitment centers, medical office, grocery, and dry cleaner.
    Request Owner's contact information
    317 Dundee Rd Palatine, IL 60067
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    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
    317 Dundee Rd Palatine, IL 60067
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