502 N Plum Grove Road Palatine, IL ^$ 350,000

502 N Plum Grove Road

^$ 350,000

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502 N Plum Grove Road

Palatine, IL, 60067

^$ 350,000

Bedrooms-- Baths-- Sq 3,778

Monthly Estimate*

^$ 2,184

502 N Plum Grove Road, Palatine, IL 60067 - Image 1

502 N Plum Grove Road, Palatine, IL 60067 - Image 2

502 N Plum Grove Road, Palatine, IL 60067 - Image 3

502 N Plum Grove Road, Palatine, IL 60067 - Image 4

502 N Plum Grove Road, Palatine, IL 60067 - Image 5

Commercial Property for sale in Palatine, IL

for $350,000. This 3,778 square foot building was built in 1989 on a lot size of 0.23.

Own your own building in Plum Grove Office Park of Palatine. Solid location with plenty of parking where Plum Grove Road ends at Northwest Highway. Currently divided into four separate office suites, with common area bathrooms. Could be divided from 1-4 units depending on your use and goals. This is a low maintenance, completely brick building. Roof replaced two years ago. Busy Route 14 corridor. Great value!

Commercial Active

Price

^$ 350,000

Property Type

Commercial

Taxes

^$ 30,784

Style

Commercial,Medical/Dental

Lot Size

0.23

Year Built

1989

Town/City

Palatine

County/Region

Cook

MLS | Web ID

12472445

Features

General

Cooling Central Air

Possession Closing

Zoning PUD

Construction Materials Brick

Year Built 1989

Electric Circuit Breakers Separate Meters

Tenant Pays Air Conditioning Electricity Heat

Stories Count 1

Township Palatine

Tax Year 2023

Current Use Commercial Medical/Dental

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Status Active

Directions Plum Grove Road just south of Route 14 in Plum Grove Office Park

City Palatine

Number Of Units Total 4

MLS Area Palatine

Lot Size Square Feet 10042

Tax Annual Amount 30784

Additional Parcels Y/N N

Leasable Area 0

Standard Status Active

Exterior

Building Area Total 3778

Lot Dimensions 75 x 133

Lot Size Acres 0.23

* Excluded Features

List By

Misterhomes Real Estate

Broker

matt@misterhomes.com

Affordability Calculator

$4,749

Per Month

Monthly Principal & Interest: $2,184
Monthly Property Taxes: $2,565
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Commerical listings in Palatine, IL

Average List Price ^$682,857

Percent of Sale Price 95%

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
9/18/2025	$350,000		Listed Price

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502 N Plum Grove Road, Palatine, IL, 60067 is a Commercial Property for sale at $350,000 with 3,778 sqft and a lot size of 0.23. 502 N Plum Grove Road was built in 1989. The property's zip code is 60067 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.

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Data is updated as of 12/11/2025.

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502 N Plum Grove Road

Commercial Property for sale in Palatine, IL

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