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Property summary
The Hummel Building, a prestigious Class A office property in downtown Palatine, Illinois, offers exceptional lease opportunities. Built in 2005 and boasting recent upgrades, this three-story building provides 39,530 square feet of versatile space, ideal for executive offices, commercial ventures, or creative businesses. Units range from a minimum of 627 square feet to a maximum contiguous space of 3,324 square feet, with 5,761 square feet currently vacant. The building features efficient… layouts, abundant natural light thanks to great window lines, and high-quality finishes. Its convenient location directly across from the Palatine Metra train station offers easy access to public transportation, while proximity to Route 53 and I-90 ensures seamless commutes. Enjoy the convenience of on-site amenities, including Emmett's Restaurant and fiber optic connectivity. Multiple tenancy options are available within this well-maintained building situated in Cook County, zip code 60067. The rental rate is competitive, ranging from $22.75 to $23.75 per square foot, making this an attractive option for businesses seeking a prime location with modern amenities and excellent accessibility. The building includes elevators for easy access to all floors.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.2 ac
- Year built
- 2003
- Stories
- 2
- APN
- 02-15-413-004
- Assessed value · 2022
- $383,419
- Annual tax · 2022
- $109,813
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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