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Active - Business for sale

Palatine, IL

Facts & features

Business Property type
218 days on Beycome
1981 Year built
24,800 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of Mega USA Properties, Inc. as distributed by MLS GRID.

Listed by: Adrianne Han • Mega USA Properties, Inc.

Co-listed by: Mega USA Properties, Inc.

Source: MRED as distributed by MLS GRID, MLS#: 12615492 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 1:28 PM EST.

Come see by yourself

Affordability

$845,000$1,755,000
1%20%
0%90%
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Estimated monthly payment

$10,554/mo

  • Mortgage$6,574
  • Property tax$3,980
  • HOA fee
  • Homeowners insurance
Due at closing$1,033,500
Down payment held in escrow$260,000
Closing costs$19,500
beycome credit Est.$26,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Palatine

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 01:28pm EST. 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.

$1,300,000 Listed price

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$26,000 Credit back

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