O'Neil Property Group

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$1,300,000
206 Days On Site

473 W Northwest Highway
Palatine, IL 60067

For Sale|Retail|Active
0
Beds
0
Total Baths
10,800
SqFt
$120
/SqFt
1981
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Mega USA Properties, Inc.
473 W Northwest Highway473 W Northwest Highway473 W Northwest Highway473 W Northwest Highway
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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.

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Listing Snapshot
PriceΒ 
$1,300,000
Days On SiteΒ 
206 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
10,800 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1981
MLS NumberΒ 
12615492
StatusΒ 
Active
Property TaxΒ 
$47,762
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
4 weeks agoStatus changed to Active
a month agoPrice changed to $1,300,000
7 months agoListing first seen on site
General Features
Additional Property UseΒ 
Commercial
FoundationΒ 
Concrete Perimeter
Property Sub TypeΒ 
Retail
SqFt TotalΒ 
10800
UtilitiesΒ 
Natural Gas Available
ZoningΒ 
COMMR
Interior Features
CoolingΒ 
Central Air
ElectricΒ 
Circuit Breakers
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Exterior Features
Construction DetailsΒ 
BrickOther
Community Features
Association Fee FrequencyΒ 
Monthly
MLS AreaΒ 
Palatine
TownshipΒ 
Palatine
Listing Courtesy of MRED as distributed by MLS Grid of Mega USA Properties, Inc.



Based on information submitted to the MLS GRID as of 2026-11-03 01:48 PM UTC. 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 checked: 2026-11-03 01:48 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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