For Sale
$1,200,000

1108 Northwest Hwy Palatine, IL 60067

9,753 SF Strip Center, Strong Tenants

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity presents a 9,753 square foot standalone strip center situated on a 0.78-acre lot in the desirable northwest suburban community of Palatine, Illinois. The property, known as Cove Plaza, boasts a long-term anchor tenant, Palatine Family Pet Care, an animal hospital, ensuring consistent income. Additional strong tenants include Be Happy Club and Anthony Jones Salon, contributing to a stable and attractive tenant mix. The property features a well-maintained, beautiful solid brick building. Currently, one unit is vacant, presenting a unique opportunity for an owner-occupant or the potential to lease the space for increased cash flow. This property offers a compelling investment prospect for those seeking a stable, income-generating asset in a thriving location. Detailed financial information and floor plans are available upon request. High-quality photos and a 3D tour provide a comprehensive virtual experience of this exceptional property. The address is 1108 W Northwest Highway Unit 1100-112, Palatine, IL. The asking price is $1,200,000. Don't miss this chance to acquire a prime commercial property in a highly sought-after area.

Property Details for 1108 Northwest Hwy

Property type
Commercial real estate
Square Feet
9,753 SF
Year Built
1992

Location Insight

City
Palatine
County
Cook
State
Illinois
Latitude
42.12535
Longitude
-88.06996

FAQs

What type of property is this?
Commercial real estate - 9,753 SF Strip Center, Strong Tenants
Where is the commercial real estate located?
The property is located at 1108 Northwest Hwy Palatine, IL.
What is the asking price?
The asking price for this property is $1,200,000.
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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1108 Northwest Hwy
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