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Property profile & analytics
OFF-MARKET
Neighborhood centers

767 Northwest Hwy Palatine, IL 60067

19,080 SF 1.56 ac lot Built 1987
Property ID
Property summary
AI-generated overview

North Quentin Plaza, located at the high-traffic intersection of Northwest Highway and Quentin Road in Palatine, Illinois, presents a unique opportunity for retail businesses. This Class B strip center boasts a total of 19,080 square feet across two single-story buildings, constructed in 1987, situated on a 1.56-acre lot. Currently, 5,100 square feet of retail space is available, divisible into units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 3,500 square feet. The property benefits from ample parking and prominent pylon signage. The site enjoys a daily traffic count of 29,000 vehicles, serving a highly affluent area with an average household income of $149,000. One available space is a second-generation restaurant space, and the landlord is willing to accommodate build-outs, including the installation of a full-size hood and grease trap. The property is zoned B-1 and located in Cook County. Annual property taxes are $5 per square foot. This is an exceptional opportunity to establish or expand a retail business in a thriving Palatine location.

Property profile
Verified
Property type Neighborhood centers
Year built 1987
Total area 19,080 SF
Lot 1.56 ac (67,954 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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