Palatine, IL Retail Properties & Spaces for Lease
Similar Spaces for Sale in Palatine, IL
Palatine, IL Retail properties & Spaces Lease Rates & Market Statistics
Explore 18 Retail properties & Spaces for lease in Palatine, IL on Realmo, a commercial real estate exchange covering the Palatine area. The current inventory totals 62,737 square feet of properties — an average of ~3,500 SF per listing.
Retail properties & Spaces lease rates in Palatine range from $21 SF/Yr at the entry level to $36 SF/Yr at the top of the market, averaging $29.40 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $29.40 SF/Yr, the local average runs 33% above Illinois's state average of $22.10 SF/Yr.
Palatine accounts for 1% of the 1,540 retail properties & spaces currently available across Cook County, where nearby markets include Chicago and Orland Park. By space type, the market includes 9 shopping centers and 7 storefront properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.
