473 W Northwest HWY, Palatine, IL 60067
473 W Northwest HWY, Palatine, IL 60067
473 W Northwest HWY, Palatine, IL 60067
473 W Northwest HWY, Palatine, IL 60067
473 W Northwest HWY, Palatine, IL 60067
473 W Northwest HWY, Palatine, IL 60067
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 1,500,000
Est. payment | /mo

10,800 SqFt

Save
$ 1,500,000
Est. payment | /mo
Save

10,800 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $138

MLS Listing ID 12615492

Year Built 1981

Annual Tax Amount $47,762

Tax Year 2023

Lot Dimensions 169X109X197X175

Property Sub-Type Retail/Stores

Property Description

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.

Location

State IL

County Cook

Area Palatine

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

Building

Dwelling Type Retail/Stores

Structure Type Brick,Other

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Adrianne Han of  Mega USA Properties, Inc. 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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473 W Northwest HWY

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