1530 Dundee RdPalatine, IL 60074

For Sale
$4,700,000
Multi-tenant office buildings, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity encompasses two three-story office buildings totaling approximately 39,485 to 39,906 square feet, situated on 1530 and 1540 E Dundee Rd in Palatine, Illinois, 60074. The property boasts a prime location within Cook County, benefiting from easy access to the full 4-way interchange at Route 53 and proximity to over 20 restaurants. The buildings feature updated lobbies and landscaping, along with on-site management and engineering. This multi-tenant property presents a compelling investment opportunity, further enhanced by its location within a new Tax Increment Financing (TIF) District slated for approval in August. The property's APN numbers are 02-01-401-019-0000, 02-01-401-023-0000, and 02-01-401-022-0000. The asking price is $4,700,000. The potential for assemblage and redevelopment adds significant long-term value. This is a rare chance to acquire a well-maintained, strategically located office complex with substantial upside potential.

Highlights

  • $4,700,000 asking price for this multi-tenant office property.
  • 39,485 - 39,906 square feet across two, three-story buildings.
  • Located at 1530-1540 E Dundee Rd, Palatine, IL 60074, Cook County.
  • Property features updated lobbies and landscaping, on-site management and engineering.
  • Situated near Route 53 with easy access to a full 4-way interchange and over 20 restaurants.
  • Potential assemblage/redevelopment opportunity in a new Tax Increment Financing (TIF) District.

Property Details for 1530 Dundee Rd

Property type
Office properties
Square Feet
39,485 SF
Buildings
2
Stories
3

Location Insight

City
Palatine
County
Cook
State
Illinois
Latitude
42.1397892
Longitude
-88.0086032
1530 Dundee Rd, Palatine, Illinois

FAQs

What type of property is this?
Office property - Multi-tenant office buildings, excellent location.
Where is the office property located?
The property is located at 1530 Dundee Rd Palatine, IL.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: $4,700,000 asking price for this multi-tenant office property.; 39,485 - 39,906 square feet across two, three-story buildings.; Located at 1530-1540 E Dundee Rd, Palatine, IL 60074, Cook County.
How can I contact the broker?
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1530 Dundee Rd
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