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    753 Palatine Rd Palatine, IL 60067-4867
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    Property profile & analytics

    753 Palatine Rd Palatine, IL 60067-4867


    • Retail space
    • 0.18 lot acres
    Off-Market
    Last Sale Dec 20, 2023
    $825,000
    Property ID
    US28-2191762
    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.

    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Western Union / Bank / Credit Union
    • Amazon Locker - Chin / Marketing & Advertising / IT Consulting Firm
    • 7-Eleven / Grocery & Convenience Store

    Property Details for 753 Palatine Rd

    Year built
    1971
    Lot size
    0.18 lot acres
    Property type
    Retail space
    APN
    02-22-100-002
    APU
    222100002

    Description

    This 2,400-square-foot retail space, located in a 7-Eleven anchored center at the highly visible southeast corner of Palatine Road and Quentin Road in Cook County, offers exceptional visibility and accessibility. The property boasts over 31,000 vehicles per day passing by. The space is currently a vanilla box, allowing for flexible build-out to suit various business needs. It can be demised to accommodate smaller tenants. The center provides ample parking with 30 spaces (a ratio of 6 per 1,000 square feet). Strong co-tenancy includes Jewel-Osco, Starbucks, Subway, Vini's Pizza, J&J Liquor, and Clark Gas Station. The location benefits from its proximity to major transportation arteries: Interstate 90 is just three miles south, and the Palatine Metra station is conveniently located one mile west. The building, constructed in 1970, offers a total of 5,000 square feet across one suite. This prime retail opportunity is situated within a thriving commercial area, providing excellent exposure and potential for significant business growth. The available space is part of a larger 5,000 square foot building.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $775,000
      ML approach
      $805,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0626
    Latitude
    42.11
    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
    $16,000
    $29,437
    $26,429
    $55,866
    -
    $117,748
    $105,716
    $223,464
    More about this property
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