1530 Dundee Rd Palatine, IL 60074
- Retail space
- 2.79 lot acres
Current Use by Public Records
- Vestis Group / Manufacturer
- Uniquesoft LLC / Software Company
- Capital Forensics, Inc. / Financial Consultant / Legal Services
- Consolidated Mill Supply Inc / Exporter
- J.S. Held / Consultant
Property Details for 1530 Dundee Rd
- Year built
- 1984
- Lot size
- 2.79 lot acres
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 02-01-401-019
- APU
- 201401019
Description
This exceptional investment opportunity encompasses two three-story office buildings totaling approximately 39,485 to 39,906 square feet, situated on 1530 and 1540 E Dundee Rd in Palatine, Illinois, 60074. The property boasts a prime location within Cook County, benefiting from easy access to the full 4-way interchange at Route 53 and proximity to over 20 restaurants. The buildings feature updated lobbies and landscaping, along with on-site management and engineering. This multi-tenant property presents a compelling investment opportunity, further enhanced by its location within a new Tax Increment Financing (TIF) District slated for approval in August. The property's APN numbers are 02-01-401-019-0000, 02-01-401-023-0000, and 02-01-401-022-0000. The asking price is $4,700,000. The potential for assemblage and redevelopment adds significant long-term value. This is a rare chance to acquire a well-maintained, strategically located office complex with substantial upside potential.
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
- -88.0089
- Latitude
- 42.1401
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
