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Listed by Paul Proanoof Coldwell Banker Commercial NRT
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Active
56 W Palatine Road Palatine, IL 60067
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Rent
MLS Listing ID 12605371
Year Built 1957
Tax Year 2024
Property Sub-Type Retail/Stores
Property Description
Retail or office opportunity located along Palatine Road within a well-established strip center in the heart of downtown Palatine. This approximately 1,050 square foot suite is surrounded by long-term tenants, including a popular cafe, restaurants, and service-based businesses that contribute to steady foot traffic and a stable retail environment. The space features 10 to 12 foot ceilings, 200-amp electrical service, and a flexible layout suitable for a variety of retail, service, or office users. The property is positioned one block from Palatine Town Square and within walking distance to downtown Palatine and the Metra station, offering accessibility for both local clientele and daily commuters. Located along Palatine Road with approximately 20,000 to 25,000 vehicles per day, the property provides strong exposure along a key commuter route. Zoning is B-3 Central Business District, supporting a wide range of retail and service uses in a high-demand downtown location. The property includes approximately 28 on-site parking spaces, including 2 designated handicap spaces, providing convenient access for both employees and customers. The unit is currently leased through September 2026, making it suitable for future occupancy or investment. Contact listing agent for additional information.
Location
State IL
County Cook
Zoning RTAIL
Interior
Cooling Central Air
Flooring Vinyl
Fireplace N
Exterior
View Y/N true
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