Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    60 Palatine Rd Palatine, IL 60067

    Sponsored
    For Lease
    $27 SF/Yr

    High-visibility storefront, 2,342 sq ft

    Lot size:
    2,324 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A retail space, located at 60 W Palatine Rd in the heart of Downtown Palatine, Illinois, presents a unique investment opportunity. The property, built in 1975 and extensively renovated in 2022, offers a single, available storefront totaling 2,342 square feet. This end-cap unit boasts high visibility from its prime corner location, ensuring maximum exposure to potential customers. Convenient access and ample parking are readily available for both tenants and patrons. The property is part of a ten-suite building, offering a vibrant and established retail environment. A significant advantage is the inclusion of a full basement, providing an additional 2,324 square feet of usable storage space, ideal for inventory or other operational needs. Situated in Cook County, this property benefits from the strong demographics and economic activity of Palatine, Illinois, and its 60067 zip code. The single-story building offers easy accessibility and efficient layout. This is an ideal location for a variety of retail businesses seeking a high-traffic, well-maintained space in a thriving downtown area. The property's recent renovation ensures modern amenities and a move-in ready condition.

    Property Features for 60 Palatine Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,324 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1975/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,324 SF
    Rate per SF
    $27

    HighLights

    • 2,342 SF Class A retail end‑cap space available in Downtown Palatine, IL.
    • High‑visibility corner location with ample on‑site parking and a public lot nearby.
    • Full basement offering an additional 2,324 SF of storage.
    • Excellent tenant mix in a 10‑suite building.
    • High traffic location: over 13,000 vehicles per day on Palatine Road and 1,200 on Brockway; three blocks from Metra station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.046025435751
    Latitude
    42.110530025298

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Palatine Center

      1500 SF retail space in high-traffic Palatine location.
      293 N Northwest Hwy, Palatine, IL 60067
      View Details
    • Contact for pricing

      Retail Space in Kildeer, IL

      Thriving Northern Suburbs location with high traffic and amenities.
      20370 Rand Rd, Palatine, IL 60074
      View Details
    • Contact for pricing

      Palatine Retail Storefront For Rent

      High visibility corner storefront with easy access and abundant parking.
      60 W Palatine Rd, Palatine, IL 60067
      View Details
    • Contact for pricing

      Retail Space in Palatine, IL

      1,050 sqft retail space available for lease.
      763 N Quentin Rd, Palatine, IL 60067
      View Details
    • Contact for pricing

      Retail Space in Palatine, IL

      2,500 sq ft retail space available for immediate occupancy.
      1296 E Dundee Rd, Palatine, IL 60074
      View Details
    • Contact for pricing

      Retail Space in Palatine, IL

      Retail space for rent at a busy Palatine intersection.
      141-189 W Northwest Hwy, Palatine, IL 60067
      View Details
    • $1,695 /Mo
      695 SF

      Renovated Condo with Modern Amenities

      Beautifully renovated condo featuring modern kitchen, in-unit laundry, and community amenities.
      1911 N Hicks Rd, Palatine, IL 60074
      View Details
    • $7 SF/Yr
      136,603 SF

      Palatine Office Suites for Lease

      Prime Palatine location, flexible suites.
      800 Northwest Hwy, Palatine, IL 60074
      View Details
    • Contact for pricing

      Retail Space in Palatine, IL

      Storefront in a bustling commercial district with modern design.
      1724 N Rand Rd, Palatine, IL 60067
      View Details
    • $24 SF/Yr
      1,200 SF

      Retail Storefronts in Palatine Center

      Two retail storefronts available in Palatine shopping center.
      317-351 E Dundee Rd, Palatine, IL 60074
      View Details
    • $2,200 /Mo

      Remodeled End Unit Apartment

      Newly remodeled 2-bedroom apartment with garage near Palatine downtown.
      115 Hamilton Dr, Palatine, IL 60067
      View Details
    • $20 SF/Yr
      137,187 SF

      Palatine Plaza: Retail & Office Space

      Prime Palatine Retail/Office Opportunity
      233 Northwest Hwy, Palatine, IL 60067
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-visibility storefront, 2,342 sq ft
    Where is this individual retail property located?
    The property is located at 60 Palatine Rd Palatine, IL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: 2,342 SF Class A retail end-cap space available in Downtown Palatine, IL.; High-visibility corner location with ample on-site parking and a public lot nearby.; Full basement offering an additional 2,324 SF of storage.
    Request Owner's contact information
    60 Palatine Rd Palatine, IL 60067
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    60 Palatine Rd
    Palatine, IL 60067
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    60 Palatine Rd Palatine, IL 60067
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.