IL
Cook
Palatine
60067
473 W Northwest Highway
473 W Northwest Highway, Palatine, IL 60067
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Listing Type
Commercial/Industrial
Listing Status
Active
17
$1,500,000

Home Details for 473 W Northwest Highway

Price
$1,500,000
Type
Commercial Sale
Year built
1981
County
Cook
Days on site
1
MLS Listing#
12615492
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.

Property Features
  • Cooling Information
    • Central Air
  • Utilities
    • Natural Gas Available
Listing Courtesy: Mega USA Properties, Inc. - 847-947-2478
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-11 03:24:17. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-11 03:24:17
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
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773 250 7410
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