801 Quentin RdPalatine, IL 60067

  • Community centers
  • 4.75 AC
For Lease

Property Details for 801 Quentin Rd

Year built
1987
Lot size
4.75 AC
Property type
Community centers
APN
02-10-306-020
APU
210306020

Description

Quentin Corners, located at 801 N Quentin Rd in Palatine, IL 60067, presents a prime retail opportunity in a thriving Cook County location. This multi-tenant strip center boasts a total of 42,569 square feet and offers four available spaces ranging from 1,196 to 1,396 square feet, perfect for a variety of businesses. The property enjoys excellent visibility and accessibility, situated at the signalized intersection of Northwest Hwy and Quentin Road. Ample parking is provided with 240 stalls, ensuring convenient access for customers and employees. The center benefits from strong existing tenants, including Napa Auto Parts and Anytime Fitness, creating a synergistic and established retail environment. This location offers high traffic counts and a dense population base, making it an ideal investment for businesses seeking a prominent presence in the Palatine market. The property's address is easily accessible from Northwest Hwy, a major thoroughfare, providing convenient access for customers throughout the region. The building is well-maintained and offers a modern aesthetic, creating a positive shopping experience. This is a rare opportunity to secure retail space in a high-demand area with established anchors. Contact us today to learn more about the available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $54,919,284
    6.5%
    $50,694,724
    7%
    $47,073,672
  • Comparable approach

    Method
    Valuation
    Relative Method
    $52,935,528
    Geo Method
    $67,914,072
  • Alternative Use

    Use
    Valuation
    Residential
    $42,762,896
    Hospitality
    $39,170,584
    Educational
    $32,589,464
    Medical
    $33,710,268
    Retail
    $50,694,724
801 Quentin Rd, Palatine, Illinois

Location Insight

City
Palatine
County
Cook
State
Illinois
Latitude
42.1258
Longitude
-88.0618
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$284,410
$517,067
$475,964
$993,031
-
$2,068,268
$1,903,856
$3,972,124

FAQs

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