473 W Northwest Hwy

Palatine, IL 60067
  • $1,500,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 10,800

    SqFt

About the Listing 3723 - 32368

Don't miss this outstanding income-producing opportunity! This two-story retail and office building offers approximately 10,800 square feet on a 0.56-acre lot within a B2 zoning district, delivering excellent visibility with traffic counts exceeding 20,000 vehicles per day. The property features strong street presence and a well-balanced mix of retail and office space. Each retail unit is equipped with a private restroom, and tenants pay their own utilities, contributing to efficient operations. The first floor includes four retail units, while the second floor offers seven office suites. The building is nearly fully leased, with only two spaces remaining-ideal for owner occupancy or additional income potential. Fully sprinklered and recently updated, this property represents a true turnkey, low-maintenance investment in a highly desirable commercial corridor. The available office spaces can be customized with flexible build-to-suit options to suit a variety of uses. Surrounded by a dense residential population and benefiting from strong exposure, this asset presents a prime investment opportunity with significant upside potential.

Listing Highlights

Status Active
Days on Site 5
Property Type Commercial Sale
MLS ® 12615492
Year Built 1981
Total Square Footage 10,800
Lot/Acreage 0.57
County Cook

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 169X109X197X175
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $47,762
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 02151020950000
  • Tax Year: 2023

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473 W Northwest Hwy Palatine, IL 60067

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Originating MLS: mred

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