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Financial
Distress signals
Property profile

640 Northwest Hwy Palatine, IL 60074

OFF-MARKET
Other retail properties
3,500 SF Built 1950
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Property summary

AI-generated overview

The property is a commercial warehouse in Palatine, Illinois, offering approximately 3,500 square feet of interior space on a 0.3269-acre corner lot with a large parking area. The building is equipped with two 10' x 10' drive-in garage doors and includes reception/office-style space, additional garage space, and a large basement suitable for storage. Exterior improvements include updated stucco and a roof that is described as newer. The site is positioned for traffic and visibility due to its…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store14.9
Pharmacy13.0
Restaurant12.9

Location

640 Northwest Hwy Palatine, IL 60074
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2232 Rand, Palatine, IL 60074-1167 $1,875,000 Oct 2024 No data
2228 Rand, Palatine, IL 60074-1161 $1,875,000 Oct 2024 3,000 SF
2111 Rand, Palatine, IL 60074-1162 $2,950,000 Jul 2023 No data
1408 Rand, Palatine, IL 60074 $1,658,000 Jan 2023 No data
1410 Rand, Palatine, IL 60074-2923 $1,658,000 Jan 2023 No data
2314 Rand, Palatine, IL 60074-1161 $735,000 Apr 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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