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    Palatine, IL
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    Palatine, IL Restaurants for Sale

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    Iconic Palatine Commercial Redevelopment Opportunity
    Updated: Jul 4, 2025
    Iconic Palatine Commercial Redevelopment Opportunity

    180 N Smith St, Palatine, IL

    Contact for pricing
    21,500 sqft 1.06 AC lot
    Approved for redevelopment with a 6‑story mixed‑use building including 52 residential units and 9,900 sq ft of commercial space.
    Existing iconic bar/restaurant (Durty Nellies) with full kitchen and 7,000 sq ft entertainment venue including a rooftop deck.
    Prime downtown Palatine location** across from the train station.
    Includes an adjacent 2,500 sq ft bank with a drive‑thru lane.
    Sits on a one‑acre lot with 42 surface parking spaces.
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    Turnkey Drive-Thru Restaurant Building
    Updated: May 2, 2025
    Turnkey Drive-Thru Restaurant Building

    1158 E Dundee Rd, Palatine, IL 60074

    Contact for pricing
    1,744 sqft
    1,744 SF turnkey drive‑thru restaurant building
    Half‑acre parcel plus adjacent buildable half‑acre lot included
    Adjacent lot previously improved for a QSR
    Four points of access, including convenient left turn at the site
    Half‑mile west of a full interchange with IL‑53
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    Turnkey Restaurant with Drive-Thru
    Turnkey Restaurant with Drive-Thru

    1158 E Dundee Rd, Palatine, IL 60074

    Contact for pricing
    1,744 sqft 0.50 AC lot

    1,744 SF restaurant with drive-thru on half-acre lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Net-Lease Restaurant Corner
    Net-Lease Restaurant Corner

    270 E Northwest Hwy, Palatine, IL 60067

    Contact for pricing

    Long-term leased Bakers Square restaurant with NNN lease and zero landlord responsibilities at a signalized corner location.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in Palatine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Drive-Thru Restaurant Ground Lease
    Drive-Thru Restaurant Ground Lease

    1515 W Dundee Road, Buffalo Grove, IL 60089

    Contact for pricing
    27,254 sqft

    Single-tenant Burger King drive-thru with a ground lease structure and 5 years remaining expiring July 6, 2022.

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    Restaurant with Full Commissary Kitchen
    Restaurant with Full Commissary Kitchen

    1151 Rohlwing Rd, Rolling Meadows, IL 60008

    Contact for pricing
    23,400 sqft

    Restaurant property offering a full commissary space, commercial kitchen, and an on-site cooler.

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    Commercial Kitchen and Commissary Space
    Commercial Kitchen and Commissary Space

    1151 Rohlwing Rd, Rolling Meadows, IL 60008

    Contact for pricing
    23,400 sqft

    23,400 SF commercial space with kitchen and cooler.

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    Fully Equipped Restaurant Space
    Fully Equipped Restaurant Space

    718 S S Buffalo Grove Rd, Buffalo Grove, IL 60089

    $120,000

    Restaurant space set up by the owner with kitchen appliances, fixtures, and equipment, ready to operate.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    20420 N Rand Road, Deer Park, IL 60074

    $2,500,000
    1.94 AC lot

    PUD-zoned commercial land with Rand Road frontage and natural gas availability.

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    Mundelein, IL Commercial Land
    Mundelein, IL Commercial Land

    331 Plaza Circle lot: 4, Mundelein, IL 60060

    $286,000
    0.43 AC lot

    Commercial land available in Mundelein, Illinois.

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    Commercial Land in Itasca, IL
    Commercial Land in Itasca, IL

    100 S Walnut Street, Itasca, IL 60143

    Contact for pricing
    0.17 AC lot

    Commercial land available for sale in Itasca, Illinois.

    View details
    Signalized Intersection Commercial Land
    Signalized Intersection Commercial Land

    NEC Route 176 & Westridge Drive, Island Lake, IL 60042

    $1,500,000
    7.51 AC lot

    Mostly level commercial land with water available at a signalized intersection.

    View details

    Off-Market Properties in Palatine, IL

    Consider similar Off-Market properties in Palatine, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1506 Algonquin Rd
    Restaurants

    1506 Algonquin Rd, Palatine, IL 60067

    Value Estimation by Request
    2,000 sqft 2.09 AC lot
    View details
    700 Euclid Ave
    Lifestyle centers

    700 Euclid Ave, Palatine, IL 60067

    Value Estimation by Request
    127,973 sqft
    View details
    270 Northwest Hwy
    Individual retail properties

    270 Northwest Hwy, Palatine, IL 60067

    Value Estimation by Request
    4,305 sqft 1.26 AC lot
    View details
    1960 Rand Rd
    Restaurants

    1960 Rand Rd, Palatine, IL 60074

    Value Estimation by Request
    5,850 sqft 1.26 AC lot
    View details

    Palatine, IL Restaurants Market Trends and Statistics

    Explore 8 restaurants for sale in Palatine, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,988 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 3
    Bars & Pubs 2
    Conventional restaurants 2

    Demographics Overview

    Population 74K
    Population Growth (5Y) -4.1%
    Median Household Income $102,227
    College Educated 19.9%

    High-Yield Neighborhoods for Investment

    Identify Palatine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60074 $1.7M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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    • 60074
    • 60067

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