Active
473 Northwest Highway
Palatine, IL 60067
$1,500,000
0beds
0baths
—sqft
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About 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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built1981
Lot size—
Annual tax$47,762
CountyCook
MLS #MRD12615492
Days on market7
Features
Cooling
Central Air
Utilities
Electric to SiteNatural Gas Available
Construction
BrickOther
Listed by
Mega USA Properties, Inc.
Adrianne Han · 773-396-4833
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/16/2026, 5:06:04 AM. All data should be independently verified.
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