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    OFF-MARKET
    Office Spaces

    670 Northwest Hwy, Palatine, IL 60074

    2,400 SF Built 1967
    Property ID
    Property summary
    AI-generated overview

    This stunning 2,400 square foot office building, located at 670 E Northwest Highway in Palatine, Illinois, presents a unique opportunity for businesses seeking a modern and efficient workspace. Completed in 2023, the property boasts a comprehensive gut renovation, resulting in a space that is both aesthetically pleasing and highly functional. Situated on Northwest Highway, just west of IL-53, this location offers unparalleled accessibility to both Chicago and the surrounding suburbs, making it an ideal choice for companies needing convenient access to major transportation routes. The building's energy-efficient design contributes to lower operating costs, while the modern aesthetics create a professional and inviting atmosphere for employees and clients alike. The "move-in ready" condition eliminates the need for extensive pre-occupancy renovations, allowing businesses to focus on their core operations immediately. This exceptional property is priced at $549,900 and represents an excellent investment opportunity in a highly desirable location. The property sits on a 0-acre lot. This is a rare opportunity to acquire a fully renovated, modern office building in a prime Palatine location. Don't miss out on this chance to secure your business's future in a thriving commercial area.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1967
    Total area 2,400 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Affordable Roofers and Masonry Roofing Company General Contractor
    • Jc plumbing home services and remodeling Plumbing Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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