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    Palatine, IL
    Restaurants

    Palatine, IL Restaurants for Sale

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    Barrington, IL Deer Park, IL Rolling Meadows, IL
    Iconic Palatine Commercial Redevelopment Opportunity
    Updated: Jul 4, 2025
    Iconic Palatine Commercial Redevelopment Opportunity

    180 N Smith St, Palatine, IL

    $2,500,000
    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 Restaurant with Drive-Thru
    Updated: May 2, 2025
    Turnkey Restaurant with Drive-Thru

    1158 E Dundee Rd, Palatine, IL

    Contact for pricing
    1,744 sqft · 0.51 AC lot
    Turnkey, 1,744 SF drive‑thru restaurant building.
    Includes adjacent buildable half‑acre lot.
    High‑traffic location near Walmart, Target, Aldi, Jewel‑Osco, and Home Depot.
    Located half‑mile from IL‑53 interchange.
    Half‑acre parcel.
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    Retail, Land, Special Purpose
    Retail, Land, Special Purpose

    180 N Smith St, Palatine, IL 60067

    $2,500,000
    21,500 sqft · 1.00 AC lot

    Mixed-use properties · 21,500 SF

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    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.

    Commercial Land Near Woodfield Center
    Commercial Land Near Woodfield Center

    1996 North Roselle Road, Schaumburg, IL 60195

    $750,000
    1 sqft

    Commercial land for sale near Woodfield Business Center.

    View details
    New Guzman Y Gomez Ground Lease
    New Guzman Y Gomez Ground Lease

    795 E Golf Rd, Schaumburg, IL 60173

    $3,690,000
    2,828 sqft

    New construction Guzman Y Gomez with drive-through on 0.77-acre parcel.

    View details
    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.

    View details
    Established Boba Tea Business
    Established Boba Tea Business

    3004-3266 Kirchoff Rd, Rolling Meadows, IL

    $75,000
    1,000 sqft · 14.59 AC lot

    Stable boba tea business with equipment and favorable lease.

    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.

    Palatine Land For Sale
    Palatine Land For Sale

    20638 Lake Cook Road, Palatine, IL 60074

    $512,000
    3.20 AC lot

    3.2 acre commercial land available in Palatine, Illinois.

    View details
    Rand Road Development Opportunity
    Rand Road Development Opportunity

    20420 N Rand Road, Deer Park, IL 60074

    $2,500,000
    1.94 AC lot

    1.91 AC land with Rand Road frontage near retail.

    View details
    Roselle Land on Irving Park
    Roselle Land on Irving Park

    460 W Irving Park Road, Roselle, IL 60172

    $500,000
    1.20 AC lot

    1.2 acre commercial land with frontage on Irving Park Road.

    View details
    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.

    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 43,000 square feet of properties for sale, with an estimated market value of $5,000,000.

    Sale prices for restaurant properties in Palatine, IL start at $2,500,000, averaging $2,500,000, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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 1

    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
    60067 $2.5M

    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

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