Palatine, IL Storefront Properties for Lease
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Palatine, IL Storefront properties Lease Rates & Market Statistics
Explore 9 Storefront properties for lease in Palatine, IL on Realmo, a commercial real estate exchange covering the Palatine area. The current inventory totals 10,182 square feet of properties.
Storefront properties lease rates in Palatine range from $30 SF/Yr at the entry level to $36 SF/Yr at the top of the market, averaging $34 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $34 SF/Yr, the local average runs 43% above Illinois's state average of $23.75 SF/Yr.
Palatine accounts for 1% of the 660 storefront properties currently available across Cook County, where nearby markets include Chicago and Evanston. Storefront properties make up 36% of the 25 Retail properties & Spaces currently for lease in Palatine, with asking rates averaging $34 SF/Yr — 11% above the citywide Retail properties & Spaces average of $30.75 SF/Yr. Tenants comparing options may also consider Shopping centers (12 listings) elsewhere in the Palatine market.