Palatine, IL Retail Properties & Spaces for Sale

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Updated: Mar 25

Palatine Retail Space For Sale

1131 East Dundee Road, Palatine, IL 60074

$1,275,000

5,323 sqft · 0.90 AC lot

+\/-5,323 SF Ground Floor with +\/-1,347 SF Basement: Large building size.
Substantial Land Size: +\/- 0.9 SF.
Asking Price $1,275,000: High‑value property.
Pin Number 02‑12‑101‑041: Established property.
2024 Taxes (payable in 2025): $96,281: Tax information available.

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This listing looks promising.

Here's a quick look at some key insights for

1131 East Dundee Road, Palatine, IL, 60074

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Est. Cap Rate

5.8%
NOI ÷ price
Est. NOI

$74K
Annual
Price @ 7% Cap

$1.06M
Suggested
Last Sold

May 2003
$1.04M
Property Type

Financial Building
Built 1991

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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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Versatile Commercial Warehouse on Corner

640 E Northwest Highway, Palatine, IL 60074

$529,000

3,500 sqft

3,500 SF commercial warehouse on high-traffic corner location.

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204 N Hicks Pl. , Palatine, IL 60067

204 N Hicks Pl., Palatine, IL 60067

$350,000

3,000 sqft

Storefront properties · 3,000 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

Storefront Medical Center

960 E DUNDEE RD, Palatine, IL 60074

$3,110,000

5,250 sqft

For sale medical center property at 960 E Dundee Rd in Palatine, providing a dedicated healthcare-ready retail-style setting.

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High-Visibility Corner Retail Storefront

32-60 W Palatine Road, Palatine, IL 60067

Contact for pricing

Corner storefront with abundant parking and strong traffic counts on a major corridor.

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Palatine Retail Building For Sale

404 E Palatine Rd, Palatine, IL

$4,300,000

3,010 sqft · 0.37 AC lot

3,010 SF building on 0.79 acre site for sale.

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Palatine Mixed-Use Multi-Tenant Building

110 N Brockway St, Palatine, IL 60067

$5,395,000

37,890 sqft

Architecturally distinct mixed-use building in downtown Palatine with Metra access.

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Palatine Retail Space For Sale

801 N Quentin Road, Palatine, IL 60067

$42,500

Retail space available in Quentin Corners shopping center, Palatine, IL.

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Turnkey Restaurant with Drive-Thru

1158 E Dundee Rd, Palatine, IL

Contact for pricing

1,744 sqft · 0.51 AC lot

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

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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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Retail Property in Palatine, IL

1400 E NW west Hwy, Palatine, IL

Contact for pricing

17,000 sqft · 1.87 AC lot

17,000 SF retail property available for sale.

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New Construction Thorntons Ground Lease

20201 N Rand Rd, Palatine, IL 60074

$7,775,000

5,938 sqft · 5.18 AC lot

New construction Thorntons with drive-thru and fuel pumps for sale.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Palatine, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

Barrington Medical/Office/Retail Building For Sale

836 S Northwest Highway #01012110310000, Barrington, IL 60010

$615,000

3,500 sqft

3,500 SF building with basement and 14 parking spaces.

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Gas Station with Repair Service

1205 S Northwest Highway, Barrington, IL 60010

$599,000

Gas station with car repair service on busy main street.

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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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Retail Space on Kirchoff Road

3250 Kirchoff Rd, Rolling Meadows, IL

Contact for pricing

3,598 sqft · 0.81 AC lot

Retail space available for lease on Kirchoff Road.

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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.

Land in Prime Deer Park Location

20406 N Rand Road, Deer Park, IL 60047

$1,000,000

1.79 AC lot

1.79 acres of commercial land in Deer Park, Illinois.

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Land in Prime Deer Park Location

20412 N Rand Road N, Deer Park, IL 60047

$4,446,000

4.46 AC lot

4.46 acres of commercial land with frontage on Rand Road.

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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.

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Mixed-Use Development Land

206 N Cook Street, Barrington, IL 60010

$3,495,000

2.01 AC lot

Zoned COMMR, this 2.01-acre downtown Barrington site offers flexibility for retail and residential uses.

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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.

RESIDENTIAL PARKING GARAGE

77 Quentin Rd, Palatine, IL 60067-4804

Unit P-18

Value Estimation by Request

0.90 AC lot

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FINANCIAL BUILDING

1589 Rand Rd, Palatine, IL 60074-2919

$1,825,000

Estimated value

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RETAIL STORES (PERSONAL SERVICES)

1108 Wnw Hwy, Palatine, IL 60067-2214

$1,190,000

Estimated value

0.78 AC lot

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RETAIL STORES (PERSONAL SERVICES)

646 48th Enw Hwy, Palatine, IL 60074

Value Estimation by Request

0.24 AC lot

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FINANCIAL BUILDING

1951 Plum Grv Rd, Palatine, IL 60067-7258

$1,440,000

Estimated value

0.57 AC lot

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RETAIL STORES (PERSONAL SERVICES)

2001 Rand Rd, Palatine, IL 60074-2573

$1,530,000

Estimated value

1.51 AC lot

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GAS STATION

Palatine, IL 60074

$4,215,000

Estimated value

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STORE, RETAIL OUTLET

132 Snw Hwy, Palatine, IL 60074-6233

Value Estimation by Request

0.15 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1597 Rand Rd, Palatine, IL 60074-2919

Value Estimation by Request

0.41 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1800 Rand Rd, Palatine, IL 60074-1130

$725,000

Estimated value

0.75 AC lot

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STORE, RETAIL OUTLET

37 Plum Grv Rd, Palatine, IL 60067-5228

Value Estimation by Request

0.41 AC lot

View details

Palatine, IL Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Palatine, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 112,849 square feet of properties for sale, with an estimated market value of $35,529,900.

Sale prices for stores in Palatine, IL start at $350,000, averaging $3,552,990, and reaching up to $7,775,000 — 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

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	$1.4M
60074	$2.9M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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Palatine, IL Retail Properties & Spaces for Sale

1131 East Dundee Road, Palatine, IL 60074

180 N Smith St, Palatine, IL

640 E Northwest Highway, Palatine, IL 60074

204 N Hicks Pl., Palatine, IL 60067

960 E DUNDEE RD, Palatine, IL 60074

32-60 W Palatine Road, Palatine, IL 60067

404 E Palatine Rd, Palatine, IL

110 N Brockway St, Palatine, IL 60067

801 N Quentin Road, Palatine, IL 60067

1158 E Dundee Rd, Palatine, IL

180 N Smith St, Palatine, IL 60067

1400 E NW west Hwy, Palatine, IL

20201 N Rand Rd, Palatine, IL 60074

Opportunities in Nearby Cities

836 S Northwest Highway #01012110310000, Barrington, IL 60010

1205 S Northwest Highway, Barrington, IL 60010

1151 Rohlwing Rd, Rolling Meadows, IL 60008

3250 Kirchoff Rd, Rolling Meadows, IL

Potential Development Sites for Consideration

20406 N Rand Road, Deer Park, IL 60047

20412 N Rand Road N, Deer Park, IL 60047

20420 N Rand Road, Deer Park, IL 60074

206 N Cook Street, Barrington, IL 60010

Off-Market Properties in Palatine, IL

77 Quentin Rd, Palatine, IL 60067-4804

1589 Rand Rd, Palatine, IL 60074-2919

1108 Wnw Hwy, Palatine, IL 60067-2214

646 48th Enw Hwy, Palatine, IL 60074

1951 Plum Grv Rd, Palatine, IL 60067-7258

2001 Rand Rd, Palatine, IL 60074-2573

Palatine, IL 60074

132 Snw Hwy, Palatine, IL 60074-6233

1597 Rand Rd, Palatine, IL 60074-2919

1800 Rand Rd, Palatine, IL 60074-1130

37 Plum Grv Rd, Palatine, IL 60067-5228

Palatine, IL Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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