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Palatine, IL NNN Properties for Sale

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Barrington, IL Deer Park, IL Rolling Meadows, IL Barrington Hills, IL Arlington Hts, IL Schaumburg, IL Long Grove, IL Lake Barrington, IL
Dual-Tenant NNN Property
Updated: Apr 2
Dual-Tenant NNN Property

948 Dundee Rd, Palatine, IL 60074

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4,336 sqft 0.51 AC lot
Approximately 4,336 rentable square feet on an estimated 0.51‑acre parcel
Built in 2021
Leased to IHOP and Teriyaki Madness
IHOP: 20‑year NNN lease with 10% increases every five years
Teriyaki Madness: 10‑year NNN lease with annual 3% escalations
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Palatine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corporate 7-Eleven Gas Station
Corporate 7-Eleven Gas Station

630 W Rand Rd, Mount Prospect, IL 60056

$3,966,761
3,245 sqft 0.76 AC lot

Freestanding convenience operation offers 24/7 fuel and diesel service under a triple-net lease structure.

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Absolute NNN Retail Ground Lease
Absolute NNN Retail Ground Lease

Mount Prospect, IL 60056

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2,695 sqft

Absolute NNN ground lease with 12.4 years remaining, leased to an investment-grade tenant with an S&P A credit rating.

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Vernon Hills Retail Opportunity
Vernon Hills Retail Opportunity

1720 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing
71,248 sqft

High-volume retail location with long-term lease and investment-grade guarantee.

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Staples Retail NNN Property
Staples Retail NNN Property

1600 N Milwaukee Ave, Vernon Hills, IL 60061

Contact for pricing
19,150 sqft

Fee-simple retail NNN asset with Staples on an NN lease and about 13.6 years of primary term remaining.

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Palatine, IL Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Palatine, IL on our real estate platform. These investment opportunities span a total of 4,336 square feet of properties for sale.

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Demographics Overview

Population 74K
Population Growth (5Y) -4.1%
Median Household Income $102,227
College Educated 19.9%

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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