427 E Palatine Road Palatine, IL ^$ 650,000

427 E Palatine Road

^$ 650,000

Back to search

427 E Palatine Road

Palatine, IL, 60074

^$ 650,000

Bedrooms-- Baths-- Sq 2,561

Monthly Estimate*

^$ 4,055

427 E Palatine Road, Palatine, IL 60074 - Image 1

427 E Palatine Road, Palatine, IL 60074 - Image 2

427 E Palatine Road, Palatine, IL 60074 - Image 3

427 E Palatine Road, Palatine, IL 60074 - Image 4

427 E Palatine Road, Palatine, IL 60074 - Image 5

427 E Palatine Road, Palatine, IL 60074 - Image 6

427 E Palatine Road, Palatine, IL 60074 - Image 7

427 E Palatine Road, Palatine, IL 60074 - Image 8

427 E Palatine Road, Palatine, IL 60074 - Image 9

427 E Palatine Road, Palatine, IL 60074 - Image 10

427 E Palatine Road, Palatine, IL 60074 - Image 11

427 E Palatine Road, Palatine, IL 60074 - Image 12

427 E Palatine Road, Palatine, IL 60074 - Image 13

427 E Palatine Road, Palatine, IL 60074 - Image 14

427 E Palatine Road, Palatine, IL 60074 - Image 15

427 E Palatine Road, Palatine, IL 60074 - Image 16

Commercial Property for sale in Palatine, IL

for $650,000. This 2,561 square foot building was built on a lot size of 0.194307.

Looking for a great investment opportunity? Take a look at this 1 story all brick building, currently occupied as food market with Lotto to be purchase together or bring in your own business. Great Palatine location! Ample parking for 8-10 vehicles.

Commercial Active

Price

^$ 650,000

Property Type

Commercial

Taxes

^$ 27,400

Style

Grocery,Retail

Lot Size

0.194307

Town/City

Palatine

County/Region

Cook

MLS | Web ID

12265536

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Tenant Pays Electricity Heat Taxes Insurance Repairs Sewer

Stories Count 1

Tax Year 2023

Business Type Grocery Retail

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status Active

Directions PALATINE RD EAST OF NORTHWEST HIGHWAY

City Palatine

MLS Area Palatine

Lot Size Square Feet 8464

Tax Annual Amount 27400

Additional Parcels Y/N N

Lease Type Gross

Standard Status Active

Exterior

Building Area Total 2561

Lot Dimensions 64 X 128

* Excluded Features

List By

Century 21 Circle

Broker

carolmellander@aol.com

Affordability Calculator

$6,338

Per Month

Monthly Principal & Interest: $4,055
Monthly Property Taxes: $2,283
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Palatine, IL

Average List Price ^$682,857

Percent of Sale Price 5%

About Palatine, IL

67,137 Population

2% Since 2002

^$76,021 Median Income

39.39 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/7/2025	$650,000		Listed Price

Map

More homes like this one

homes for you

See all

427 E Palatine Road, Palatine, IL, 60074 is a Commercial Property for sale at $650,000 with 2,561 sqft and a lot size of 0.194307. The property's zip code is 60074 which is in Palatine, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/9/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

427 E Palatine Road

Commercial Property for sale in Palatine, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home