0 Palatine Rd Inverness, IL 60067
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.