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Property profile & analytics
OFF-MARKET
Office Spaces

232 Northwest Hwy Palatine, IL 60067

3,466 SF
Property ID
Property summary
AI-generated overview

This single-story, Class B medical office building at 232-236 E Northwest Hwy, Palatine, IL 60067, offers 3,466 square feet of vacant space, currently divisible into two contiguous suites. One suite measures 1,200 square feet, and the other is 2,266 square feet, allowing for a combined total of 3,466 square feet. The property features convenient access to Northwest Hwy and ample parking with 50 spaces. The building is zoned Office Research/PUD and is located in Cook County's Northwest Suburbs. Each suite includes in-unit reception areas, private offices, and restrooms, making it ideal for various medical or professional practices. The property is ready for immediate occupancy and offers attractive introductory pricing of $12.60 per square foot (including taxes and CAM charges) for 1-5 months, depending on lease terms. Tenant improvement allowances are also available. The minimum divisible space is 1,200 square feet, with a maximum contiguous space of 2,266 square feet. The property's APN is 02-14-100-015-0000.

Property profile
Verified
Property type Office Spaces
Total area 3,466 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
  • Advocate Dental of Palatine | George Skoog, DDS Dental Office
  • Hoogkirk Patty Dental Office
  • Dr. Alla Shtilman Dental Office
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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