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Palatine, IL Office Buildings for Sale

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6 properties
Brick Office Building With Four Suites
Updated: Sep 17, 2025
Brick Office Building With Four Suites

502 N Plum Grove Road, Palatine, IL 60067

$325,000
0.23 AC lot
Four separate office suites with common‑area restrooms
Configurable from 1 to 4 units
Brick construction with a 1989 build year
Roof replaced two years ago
Central Air cooling
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Palatine Mixed-Use Multi-Tenant Building
Updated: Mar 7
Palatine Mixed-Use Multi-Tenant Building

110 N Brockway St, Palatine, IL 60067

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37,890 sqft
100% Occupancy with strong tenant retention and stable historical occupancy consistently outperforming the market.
Anchored by Long Term lease to Emmett's Restaurant & Micro Brew (17,890 SF) lease expire December 2034, providing consistent foot traffic and long‑term visibility.
Unmatched Downtown Palatine Location with Direct access to Metra Train, establishing a walkable, transit‑oriented core.
Very Low Capex exposure due to city‑owned parking lot with building owner parking rights and limited roof surface area.
Class A Building built in 2005 with modern standards, efficient systems, and institutional‑quality construction.
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Office
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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Brick Office Building
Brick Office Building

502 N Plum Grove Road, Palatine, IL 60067

$325,000

Flexible office property with four existing suites, shared restrooms, and on-site parking along the Route 14 corridor.

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Free-Standing Office Building
Free-Standing Office Building

501 W. Colfax Street, Palatine, IL 60067

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Free-standing office building with 22 private offices, a reception area, and on-site parking.

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Two-Story Multi-Tenant Office Building
Two-Story Multi-Tenant Office Building

830 W Northwest Hwy, Palatine, IL 60067

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Two-story masonry office building with first-floor offices, common restrooms and kitchen, and fully rented tenancy.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 Active listings in Palatine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Schaumburg Office Building For Sale
Schaumburg Office Building For Sale

1933 Meacham Rd, Schaumburg, IL 60193

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8,904 sqft

8,904 square foot office building in Schaumburg, Illinois.

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Arlington Heights Office Building Opportunity
Arlington Heights Office Building Opportunity

1500 W Shure Dr, Arlington Heights, IL 60004

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170,507 sqft 7.25 AC lot

Seven-story office building with redevelopment potential in Arlington Heights, Illinois.

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Single-Story Building on Northwest Highway
Single-Story Building on Northwest Highway

1612 W. Northwest Highway, Arlington Heights, IL 60004

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Single-story building with parking, suitable for single or multi-tenant use.

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Schaumburg Redevelopment Site For Sale
Schaumburg Redevelopment Site For Sale

846-860 E Algonquin Rd, Schaumburg, IL 60173

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156,963 sqft 12.64 AC lot

12.64-acre site suitable for multifamily, retail, restaurant, or office redevelopment.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Development Site For Sale
Corner Development Site For Sale

IL - 62 Algonquin Rd., Barrington Hills, IL 60010

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Prime corner development site with high traffic counts.

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Prime Corner Lot in Carpentersville
Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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Commercial Land in St. Charles
Commercial Land in St. Charles

St Charles, IL 60174

$999,999
2.05 AC lot

2.05 acre commercial lot near transportation and retail centers.

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Westmont Commercial Land For Sale
Westmont Commercial Land For Sale

3918 N CASS Avenue, Westmont, IL 60559

$399,500
0.17 AC lot

Versatile vacant lot suitable for commercial or residential development.

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Off-Market Properties in Palatine, IL

Consider similar Off-Market properties in Palatine, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1303 Algonquin Rd
OFFICE BUILDING (MULTI-STORY)

1303 Algonquin Rd, Palatine, IL 60067

$4,620,000
Estimated value
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800 Enw Hwy
OFFICE BUILDING (MULTI-STORY)

800 Enw Hwy, Palatine, IL 60074-6519

$430,000
Estimated value
4.31 AC lot
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675 Nn Ct
OFFICE BUILDING (MULTI-STORY)

675 Nn Ct, Palatine, IL 60067-8157

$870,000
Estimated value
34,600 sqft 1.45 AC lot
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220 Smith St
OFFICE BUILDING (MULTI-STORY)

220 Smith St, Palatine, IL 60067-8500

$415,000
Estimated value
1.08 AC lot
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Palatine, IL Office Buildings Market Trends and Statistics

Explore 10 office buildings for sale in Palatine, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 41,919 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for office properties in Palatine, IL average $325,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 14
Office buildings 9
Medical Office Space 6

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 $325K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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