473 W Northwest Highway — Palatine, IL 60067
Active
Palatine, IL 60067

473 W Northwest Highway

$1,500,000
0 beds · 0 baths
Listed at $1,500,000 17 days on market $47,762/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$1,500,000
List price
Square feet
Bedrooms
Bathrooms
1981
Year built
Lot size
Garage spaces
$47,762
Annual taxes
Retail/Stores
Style
17
Days on market
04Features
Cooling
Central Air
Construction
BrickOther
05Neighborhood
  • Hot Pockets Sports Bar 750 ft
  • McDonald's 0.3 mi
  • Annie's Restaurant & Pancake House 0.4 mi
  • Brandt's 0.4 mi
  • Durty Nellie's 0.8 mi
  • Emmett's 0.9 mi
  • Eurofresh Market 0.4 mi
  • Jewel-Osco 1.2 mi
  • Mariano's Fresh Market 1.2 mi
  • 7-Eleven 1.4 mi
  • Shell 1.5 mi
  • Jewel-Osco 1.5 mi
  • Lake Park 0.3 mi
  • Tom T. Hamilton Park 0.6 mi
  • Ashwood Park 0.7 mi
  • Cherrywood Park 0.9 mi
  • Cedar Park 1.0 mi
  • Towne Square 1.0 mi
  • Conscious Cup Coffee 0.8 mi
  • Starbucks 1.2 mi
  • Spunky Dunkers Donuts 1.5 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Apr 10, 2026
Listed for saleThis listing
Mega USA Properties, Inc.
$1,500,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

Stand in the kitchen.
See the light at 4pm.

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09Similar homes
Listed by Mega USA Properties, Inc. · Adrianne Han · 773-396-4833
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12615492
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