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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Palatine Rd Inverness, IL 60067

4,800 SF
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property at 737-753 W Palatine Rd, Palatine, IL 60067, presents a compelling investment opportunity. The 4,800 square foot building, situated on the southeast corner of Palatine Road and Quentin Road, offers significant flexibility due to its "vanilla box" condition. Previously occupied by a 7-Eleven, the property boasts excellent visibility and accessibility, with frontage on two major roads. The site includes 18 on-site parking spaces, a significant advantage for potential tenants. The asking price is $1,599,999, translating to $333.33 per square foot. The property's diverse zoning allows for a variety of uses, including convenience store, retail, office, multifamily, and self-storage options. Its strategic location provides easy access to major transportation arteries, being just over three miles from Interstate-90 (I-90) and a mile from the Palatine Metra Station, ensuring high traffic flow and convenient commuting for employees and customers. The space is divisible, allowing for tailored solutions to meet diverse business needs. This property represents a rare chance to acquire a well-positioned, versatile commercial space in a thriving Cook County location. The substantial parking and high visibility make this an ideal investment for a variety of commercial ventures.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,800 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
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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