767 Northwest Hwy Palatine, IL 60067
- Neighborhood centers
- 19,080 SF
- 1.56 lot acres
Current Use by Public Records
- Neighborhood centers
Property Details for 767 Northwest Hwy
- Year built
- 1987
- Lot size
- 1.56 lot acres
- Property size
- 19,080 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palatine
- County
- Cook
- State
- Illinois
- Longitude
- -88.0608
- Latitude
- 42.1113
