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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

60 Palatine Rd Palatine, IL 60067

Built 1975
Property ID
Property summary
AI-generated overview

This exceptional Class A retail space, located at 60 W Palatine Rd in the heart of Downtown Palatine, Illinois, presents a unique investment opportunity. The property, built in 1975 and extensively renovated in 2022, offers a single, available storefront totaling 2,342 square feet. This end-cap unit boasts high visibility from its prime corner location, ensuring maximum exposure to potential customers. Convenient access and ample parking are readily available for both tenants and patrons. The property is part of a ten-suite building, offering a vibrant and established retail environment. A significant advantage is the inclusion of a full basement, providing an additional 2,324 square feet of usable storage space, ideal for inventory or other operational needs. Situated in Cook County, this property benefits from the strong demographics and economic activity of Palatine, Illinois, and its 60067 zip code. The single-story building offers easy accessibility and efficient layout. This is an ideal location for a variety of retail businesses seeking a high-traffic, well-maintained space in a thriving downtown area. The property's recent renovation ensures modern amenities and a move-in ready condition.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1975
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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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