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    Property profile & analytics

    220 Enw Hwy Palatine, IL 60067-8115

    • Retail space
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 12, 2023
    Location Intelligence
    Property ID
    US28-1024754
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 220 Enw Hwy

    Year built
    1951
    Lot size
    0.06 lot acres
    Property type
    Retail space
    APN
    02-14-320-005
    APU
    214320005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0342
    Latitude
    42.1146
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $10,299
    $10,593
    $25,366
    $35,959
    -
    $42,372
    $101,464
    $143,836

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      234 Nnw Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      234 Nnw Hwy, Palatine, IL 60067-5349
      View Details
    • Value Estimation by Request
      0.07 Acres

      47 Slade St

      STORE, RETAIL OUTLET • 0.07 Acres
      47 Slade St, Palatine, IL 60067-5028
      View Details
    • Value Estimation by Request
      0.05 Acres

      117 Slade St

      STORE, RETAIL OUTLET • 0.05 Acres
      117 Slade St, Palatine, IL 60067-0414
      View Details
    • Value Estimation by Request
      0.35 Acres

      1460 Algonquin Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.35 Acres
      1460 Algonquin Rd, Palatine, IL 60067-1214
      View Details
    • Value Estimation by Request
      0.17 Acres

      1204 Colfax St

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      1204 Colfax St, Palatine, IL 60067-2220
      View Details
    • Value Estimation by Request
      6,344 SF

      37 Slade St

      RETAIL STORES (PERSONAL SERVICES) • 6,344 SF
      37 Slade St, Palatine, IL 60067-5028
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.91 Acres

      Retail Space in Palatine, IL

      Retail space available at a busy Palatine intersection.
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      Cosmetology School & Salon Business

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    • $4,300,000
      3,010 SF

      Palatine Retail Building For Sale

      3,010 SF building on 0.79 acre site for sale.
      404 E Palatine Rd, Palatine, IL 60067
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    • $3,250,000
      1.00 Acre

      Downtown Palatine Redevelopment Opportunity

      1 Acre, Mixed-Use Potential, $3.25M
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    • Contact for pricing
      10,448 SF

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    Similar Nearby for Lease

    • Contact for pricing
      1,170 SF

      Retail Space Near Harper College

      Retail spaces available near Harper College and Fremd High School.
      720 West Euclid Ave, Palatine, IL 60067
      View Details
    • $20 SF/Yr
      137,187 SF

      Palatine Plaza: Retail & Office Space

      Prime Palatine Retail/Office Opportunity
      233 Northwest Hwy, Palatine, IL 60067
      View Details
    • $18 SF/Yr
      1,180 SF

      Palatine Retail Space Available

      Retail space available for lease in Palatine, Illinois.
      90-124 W Northwest Hwy, Palatine, IL 60067
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    • Contact for pricing
      10,540 SF

      Retail Space Near Harper College

      Retail spaces available near Harper College and Fremd High School.
      784 W Euclid Ave, Palatine, IL 60067
      View Details
    • $21 SF/Yr
      2,400 SF

      Retail Space on Palatine Road

      Retail space with high visibility and ample parking.
      749-753 W Palatine Rd, Palatine, IL 60067
      View Details
    • $21 SF/Yr
      5,000 SF

      Palatine Retail Space Available

      7-Eleven anchored center, 2,400 sq ft.
      753 Palatine Rd, Palatine, IL 60067
      View Details
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    220 Enw Hwy
    Palatine, IL 60067-8115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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