233 Northwest Hwy Palatine, IL 60067
- Neighborhood centers
- 137,187 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 233 Northwest Hwy
- Property size
- 137,187 SF
- Property type
- Neighborhood centers
- Property subtype
- Community centers
Description
Palatine Plaza Shopping Center, located at 233 E Northwest Hwy, Palatine, IL 60067, offers a unique blend of retail and office space in a thriving Cook County location. This multi-building complex totals 137,187 square feet and comprises 29 suites across three buildings. The property underwent renovations in 1998 and benefits from excellent visibility due to its placement on Northwest Highway, near the cross street of Hicks Road. Currently, four spaces are available, ranging from 1,475 to 1,850 square feet, ideal for a variety of businesses. The center boasts a strong tenant mix, including established national and local brands such as Ace Hardware, Dollar Tree, Planet Fitness, Pete N' Macs Pet Resort, Citibank, Sherwin Williams, Dairy Queen, Browns Chicken, and Fannie May Candies. Its strategic location across from a Mariano's Grocery Store (Kroger) ensures high foot traffic and visibility. This property presents a compelling investment opportunity in a bustling neighborhood center with big-box appeal, offering a diverse range of retail and office spaces to suit various business needs. The property type is classified as Retail and Office, with a subtype of Traditional Office, Big Box, and Neighborhood Center. The tenancy is multi-tenant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palatine
- County
- Cook
- State
- Illinois
- Longitude
- -88.0375
- Latitude
- 42.1185
