473 W Northwest Highway, Palatine, IL

$1,500,000

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About 473 W Northwest Highway

Don't miss this outstanding income-producing opportunity! This two-story retail and office building offers approximately 10,800 square feet on a 0.56-acre lot within a B2 zoning district, delivering excellent visibility with traffic counts exceeding 20,000 vehicles per day. The property features strong street presence and a well-balanced mix of retail and office space. Each retail unit is equipped with a private restroom, and tenants pay their own utilities, contributing to efficient operations. The first floor includes four retail units, while the second floor offers seven office suites. The building is nearly fully leased, with only two spaces remaining-ideal for owner occupancy or additional income potential. Fully sprinklered and recently updated, this property represents a true turnkey, low-maintenance investment in a highly desirable commercial corridor. The available office spaces can be customized with flexible build-to-suit options to suit a variety of uses. Surrounded by a dense residential population and benefiting from strong exposure, this asset presents a prime investment opportunity with significant upside potential.

Features of 473 W Northwest Highway

MLS® # 12615492
Price $1,500,000
Bathrooms 0.00
Year Built 1981
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 473 W Northwest Highway
Area Palatine
City Palatine
County Cook
State IL
Zip Code 60067

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick, Other
Foundation Concrete Perimeter

Additional Information

Days on Market 17
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Monthly

Listing Details

OfficeMega USA Properties, Inc.

Listing Map

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