Property profile

1274 Dundee Rd Palatine, IL 60074

OFF-MARKET
Retail space
Property ID
US28-2314291
4.71 ac lot Built 1978
Individually Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial land parcel, located at 1274 W. Dundee Rd in Palatine, Illinois, presents a unique investment opportunity. Spanning 9,408 square feet, this Cook County property offers significant potential for various commercial ventures. The asking price is $154,000. Situated in the desirable 60074 zip code, this property benefits from convenient access to key transportation routes and local amenities. The expansive lot size provides ample space for development, making it ideal for businesses seeking a prominent location with significant visibility. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial commercial lot in a thriving Palatine community. Serious inquiries are encouraged to explore the possibilities this property offers. The property is zoned for commercial use and is ready for immediate development. Its strategic location and generous size make it an attractive proposition for investors and developers alike. Don't miss this chance to secure a prime piece of commercial real estate in a high-demand area. Contact us today to schedule a viewing and discuss your development plans.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Lot 4.71 ac (205,168 SF)
APN 02-01-400-098
UPID US28-2314291

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

1274 Dundee Rd Palatine, IL 60074-8313
Palatine metro Census 803613 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.34M

Owner & transaction history

since 2024
Last sale
$4.3M
7 recorded transactions
2024
Price N/A
2019
Price N/A
2017
$4.3M
2011
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1274 Dundee Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message