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    Property profile & analytics
    OFF-MARKET
    Retail space

    110 Brockway St, Palatine, IL 60067-5063

    0.2 ac lot Built 2003
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US28-2817901
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 2003
    Lot 0.2 ac (8,658 SF)
    APN 02-15-413-004
    UPID US28-2817901
    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
    Current use
    Occupant on record · Public records
    • Veronica Goodrich - Realtor (Keller Williams Success) Property Management Company
    • Van Buren Advisors Business Service Center
    • Nitelite Promotions Theater & Performing Art Venue Music Venue
    • Edward Jones - Financial Advisor: Rich Scheflow, CFP®|ABFP™ Financial Advisor
    • DeGrazia & Oefelein LLC Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Brockway Re Holding LLC · 11 yrs held
    Brockway Re Holding LLC
    since 2015
    7 recorded transactions
    2015
    $3.2M
    2014
    2012
    2012
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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