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    Property profile & analytics
    FOR LEASE
    Retail space

    1530 East Dundee Rd, Palatine, IL 60074

    2.79 ac lot Built 1984
    Entity Owned ~ Est. High Equity
    Property ID
    US28-1024748
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1984
    Lot 2.79 ac (121,532 SF)
    APN 02-01-401-019
    UPID US28-1024748
    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
    • Vestis Group Industrial Manufacturer Production Facility
    • Uniquesoft LLC (Bike/Boat/Book/etc) Store Corporate Office
    • Capital Forensics, Inc. Financial Advisor
    • Consolidated Mill Supply Inc Logistics Company
    • J.S. Held Consultant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kassulat Family Partnership LLC
    Kassulat Family Partnership LLC
    since 2026
    7 recorded transactions
    2026
    $1.6M
    2021
    2020
    2017
    2000
    $3.1M
    1999
    $2.6M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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