805 E Palatine Road Palatine, IL $ 360,000
805 E Palatine Road
$ 360,000
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805 E Palatine Road

Palatine, IL, 60074
$ 360,000
Bedrooms-- Baths-- Sq 1,650

Monthly Estimate*

$ 2,217

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Commercial Property for sale in Palatine, IL

for $360,000. This 1,650 square foot building was built in 1944 on a lot size of 0.5.

Outstanding opportunity to own a versatile and well-maintained commercial property set on a beautifully landscaped 1/2-acre lot surrounded by mature trees, offering exceptional privacy and a serene setting. Originally built as a single-family home, the property has been rezoned for office use, offering unique character and warmth not often found in commercial spaces. There may be potential to convert the property back to residential use; buyers are advised to verify zoning and permitted uses with the village. The main office building features a functional and flexible layout, including two oversized private offices, a central reception area, and a smaller room ideal for storage or a third private office. A full bathroom and convenient kitchenette-complete with refrigerator, cabinet storage, and space for a microwave and coffee station-add to the property's practicality. Additional highlights include a detached two-car garage and a dedicated parking lot with space for at least six vehicles, plus additional parking as needed. A separate standalone building on the property provides even more flexibility-perfect for a private conference room, additional office space, workshop, or storage. Major mechanical updates have already been completed, with both the furnace and hot water heater replaced within the last two years. Ideally located just over a mile from the proposed future home of the Chicago Bears stadium in Arlington Heights, this property offers strong potential for long-term value and growth. Ideal for a variety of business uses, this property combines functionality, privacy, and room to grow.

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Commercial Active

Price

$ 360,000

Property Type

Commercial

Taxes

$ 9,329

Style

Lot Size

0.5

Year Built

1944

Town/City

Palatine

County/Region

Cook

MLS | Web ID

12622051

Features
General
Sewer Septic Tank
Cooling Central Air
Roof Composition
Zoning COMMR
Construction Materials Wood Vinyl Siding
Year Built 1944
Electric Circuit Breakers Over 600 Amps
Stories Count 1
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status New
Directions E. PALATINE ROAD WEST OF RT. 53 EAST OF ROHLWING ROAD. SET BACK OFF EAST PALATINE RD.
City Palatine
MLS Area Palatine
Lot Size Square Feet 21573
Tax Annual Amount 9329
Additional Parcels Y/N N
Leasable Area 1650
Standard Status Active
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Exterior
Water Source Well
Foundation Details Concrete Perimeter
Building Area Total 1650
Lot Dimensions 153X141
Lot Size Acres 0.5
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* Excluded Features
List By
Legacy Properties, A Sarah Leonard Company, Llc

Broker

morgandanuk@legacypropertiesil.com

Email

Affordability Calculator

$2,994
Per Month
74%
26%
0%
Monthly Principal & Interest
$2,217
Monthly Property Taxes
$777
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$360,000 Listed Price

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805 E Palatine Road, Palatine, IL, 60074 is a Commercial Property for sale at $360,000 with 1,650 sqft and a lot size of 0.5. 805 E Palatine Road was built in 1944. The property's zip code is 60074 which is in Palatine, IL