For Sale
$469,000

640 Northwest Hwy Palatine, IL 60074

Prime Palatine warehouse, 3500 sq ft, high visibility.

Overview

Added:
Feb 3
Days on market:
79
This exceptional commercial warehouse, located at 640 E Northwest Highway in Palatine, Illinois, presents a unique investment opportunity. Boasting approximately 3,500 square feet of space on a 0.49-acre corner lot, this property benefits from unparalleled visibility, with an estimated 25,000 cars passing daily. Its ideal location makes it suitable for a variety of uses, particularly an auto repair shop given the ample parking (14 spaces) or simply as a versatile warehouse. The property features two 10x10 garage doors, ensuring easy access for loading and unloading. Internal improvements include a convenient triple basin sink and a bathroom. The robust electrical system, rated at 200 Amps with both 1-phase and 3-phase options, provides ample power for diverse operational needs. Recent upgrades include a roof replacement completed within the last year and stucco refresh two years prior, minimizing immediate maintenance concerns. This property offers a compelling opportunity for owner-occupancy or as a strong income-generating asset. Don't miss this chance to acquire a well-maintained, high-visibility commercial space in a thriving Palatine location.

Property Details for 640 Northwest Hwy

Property type
Commercial real estate
Square Feet
3,500 SF
Year Built
1950
Lot Size (sq. ft)
21,344 SF

Location Insight

City
Palatine
County
Cook
State
Illinois
Latitude
42.10445
Longitude
-88.02791

FAQs

What type of property is this?
Commercial real estate - Prime Palatine warehouse, 3500 sq ft, high visibility.
Where is the commercial real estate located?
The property is located at 640 Northwest Hwy Palatine, IL.
What is the asking price?
The asking price for this property is $469,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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640 Northwest Hwy
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