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sales rep | Brivity IDX

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473 W Northwest Hwy , Palatine, IL 60067
$1,300,000
Est. Payment: $7,094.63/mo
10800 Sqft
0.57 Acres
Status: active | Days on site: 178
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House Description

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.

Highlights

Listed by Adrianne Han , 773-396-4833 Mega USA Properties, Inc. , 847-947-2478. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
0.57

Year Built

1981

County

Cook

Area

Palatine

Listing ID

12615492

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:169X109X197X175
Zoning:COMMR
Principal Interest
$7,095
Taxes
$3,980

Home Price

$1,300,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,094.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,094.63 $3,980.17 $0.00 $11,074.80
Yearly $85,135.60 $47,762.00 $0.00 $132,897.60
Total $2,554,067.99 $1,432,860.00 $0.00 $3,986,927.99
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Palatine, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T13:00:05.000Z

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