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756 Northwest Hwy Palatine, IL 60074

Prime 24,383 SF lot, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional commercial land parcel, encompassing approximately 24,383 square feet, presents a remarkable investment opportunity in Palatine, Illinois. Situated at the highly visible northwest corner of Northwest Highway and Rohlwing Road, this property benefits from exceptional visibility and accessibility. The location boasts high traffic counts, ensuring significant exposure for any future development. Its proximity to Route 53 provides convenient access to major transportation arteries, enhancing its appeal to a wide range of businesses. Furthermore, the property is conveniently located within a 5-minute drive of the Arlington Park Metra Station, which serves 1,672 passengers on a weekday basis, providing a substantial pool of potential customers. The strategic location less than two miles from the Arlington International Racecourse, a destination attracting 800,000 visitors annually, further enhances the property's value. This proximity is amplified by the ongoing $350 million Arlington Downs mixed-use development project, which will introduce 263 apartments, 40,000 square feet of new retail space, and a four-story, 116-room hotel to the area, creating a vibrant and expanding commercial landscape. This presents a unique chance to capitalize on the significant growth and development projected for this dynamic location. The address is 756 E. Northwest Highway, Palatine, IL 60074, in McHenry County.

Highlights

  • ±24,383 SF commercial land parcel available.
  • High-traffic corner lot at Northwest Highway & Rohlwing Road in Palatine, IL.
  • Excellent access to Route 53.
  • Five-minute drive to Arlington Park Metra Station (1,672 weekday riders).
  • Less than two miles from Arlington International Racecourse and the $350 million Arlington Downs mixed-use development.

Property Details for 756 Northwest Hwy

Property type
Land

Location Insight

City
Palatine
County
McHenry
State
Illinois
Latitude
42.102957
Longitude
-88.024491

FAQs

What type of property is this?
Land - Prime 24,383 SF lot, high traffic area.
Where is the land located?
The property is located at 756 Northwest Hwy Palatine, IL.
What are key features of this property?
This property features: ±24,383 SF commercial land parcel available.; High-traffic corner lot at Northwest Highway & Rohlwing Road in Palatine, IL.; Excellent access to Route 53.
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756 Northwest Hwy
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