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Financial
Distress signals
Property profile

1530 East Dundee Rd Palatine, IL 60074

FOR LEASE
Retail space
Property ID
US28-1024748
2.79 ac lot Built 1984
Last sale May 2026 · $1,580,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$197k
Tax billed · 2022
Assessed value$688k
Assessed land$304k
Assessed improvement$384k
Effective rate28.64%

Value estimate

· Oct 2026
$405k
$365k – $446k
AI approach$405k
NOI build-up
Gross scheduled income$339k
Vacancy & credit loss−$85k
Operating expenses−$64k
NOI · 1,006,042.11% cap applied$191k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?
1,006,042.11%
$191k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.4
Parking Facility14.2
Realty agency12.6

Location

1530 East Dundee Rd Palatine, IL 60074
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1589 Rand, Palatine, IL 60074-2919 $1,825,000 Feb 2026 No data
646 48th Enw, Palatine, IL 60074 $475,000 Jan 2026 No data
2001 Rand Rd, Palatine, IL 60074-2573 $1,100,000 Jan 2026 No data
132 Snw, Palatine, IL 60074-6233 $375,000 Dec 2025 No data
1597 Rand, Palatine, IL 60074-2919 $625,000 Dec 2025 No data
1800 Rand Rd, Palatine, IL 60074-1130 $726,000 Dec 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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