24
See all 24 photos
$1,100,000
Est. payment /mo
7,241 SqFt
Active Under Contract
4880 W Euclid AVE Palatine, IL 60067
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 7,241 sqft
Price per Sqft $151
MLS Listing ID 12338601
Year Built 1988
Annual Tax Amount $48,068
Tax Year 2023
Lot Dimensions 296 X 89
Property Sub-Type Retail/Stores
Property Description
Cap rate 7.76!! Discover an exceptional value-added opportunity with this strategically located strip mall, perfect for savvy investors. This property boasts great visibility and is situated in a high-income neighborhood, with an impressive average household income of 163K within a 1-mile radius. The area is bustling with a large population of 255,350 residents within a 5-mile radius, ensuring a steady stream of potential customers. * Leasable Area (GLA): 7,241 sf * Total number of parking: 40 * Lot size: 0.614 acre * High Traffic: Approximately 20,000 cars pass by daily, offering maximum exposure for your tenants. * Low Maintenance: Tenants are responsible for all utilities. * Modern Upgrades: Recently sealed parking lot, new LED lights in the common area, and a refreshed facade enhance the property's appeal. * Versatile Space: The current vacant space was previously a dental office, featuring medical/dental office-ready plumbing and layout, perfect for similar businesses. * 0.6 miles from the Highway 53 interchange - 157,000 VPD Seize this fantastic opportunity to invest in a property with immense potential in a thriving area. Contact us today to learn more and schedule a viewing!
Location
State IL
County Cook
Area Palatine
Zoning RTAIL
Interior
Cooling Central Individual
Fireplace N
Building
Dwelling Type Retail/Stores
Level or Stories 1
Structure Type Brick,Concrete
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sang Han • Platinum Partners Realtors
GET MORE INFORMATION
Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
QUICK SEARCH
- Real Estate For Sale in Park Ridge, IL
- Real Estate For Sale in Niles, IL
- Real Estate For Sale in Des Plaines, IL
- Real Estate For Sale in Hinsdale, IL
- Real Estate For Sale in Addison, Illinois
- Real Estate For Sale in Arlington Heights, Illinois
- Roosevelt Elementary Park Ridge
- Washington Elementary Park Ridge
- What's My Home Worth?
- Hot Homes in Park Ridge IL HOT
- New Construction For Sale
- Home for Sale in Dyer, IN
- Newer Construction Homes For Sale In Dyer, IN
- Homes For Sale in Schererville, IN
- Newer Construction in Schereville, IN
- Single Family Homes For Sale in Westmont, IL
- Single Family Homes For Sale in Naperville, IL
- Westmont, IL Rentals
- Naperville, IL Rentals
- Park Ridge IL 3D Tours
- Elmhurst, IL 3D Tours
- Niles IL 3D Tours
- Des Plaines, IL 3D Tours
- WALK THROUGH THESE HOMES IN 3D!
- Homes For Sale in Munster, IN
- Des Plaines IL Rentals
- How to search using CBy3D.com
- Map of Open Houses Coming Up
- Recent Sales