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$325,000 -$25,000 (-7.14%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 3,778 Sq. Ft.
  • Updated 7 hours ago
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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!

Full Property Details for 502 N Plum Grove Rd

General

  • Price: $325,000
  • Taxes: $30,784 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12472445
  • Updated: 4/14/2026
  • Added to Site: 209 day(s) ago

Additional Information

  • Security/Safety: Other

Location

  • Area: Palatine
  • County: Cook
  • Township: Palatine
  • Driving Directions: Plum Grove Road just south of Route 14 in Plum Grove Office Park
  • Location Details: Northwest Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Heat/Individual Controls

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 1
  • Square Feet: 3,778
  • Current Bldg. Use: Commercial, Medical/Dental
  • Year Built: 1989

Unit Information

  • # Tenants: 4

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,042
  • Lot Dimensions: 75 x 133
  • Zoning: PUD

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Other
  • Assessment Year: 1989
  • Tax Amount: $30,784
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 2152080220000

Listed by MisterHomes Real Estate

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Listing agent

— 502 N Plum Grove Rd —

  • MisterHomes Real Estate

(847) 366-8822

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 502 N Plum Grove Rd

School Districts:Palatine Community Consolidated School District 15, Township High School District 211
NameGradesDistance
Gray M Sanborn Elementary School
101 North Oak Street, Palatine, IL 60067
K-50.6 mi
Walter R Sundling Jr High School
1100 North Smith Street, Palatine, IL 60067
6-80.7 mi
Palatine High School
1111 North Rohlwing Road, Palatine, IL 60074
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 502 N Plum Grove Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/14/2026
Price Reduced
$325,000
-7.14%
MLS
9/17/2025
Listed
$350,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 502 N Plum Grove Rd

Year
Property Taxes
Change
Tax Assessment
Change
2023
$30,784
3%
$103,983
—
2022
$29,781
28%
$103,983
45%
2021
$23,223
2%
$71,505
—
2020
$22,876
12%
$71,505
—
2019
$20,507
-45%
$71,505
-41%
2018
$37,420
2%
$120,412
—
2017
$36,794
8%
$120,679
—
2016
$34,180
-6%
$120,547
2%
2015
$36,233
29%
$117,927
27%
2014
$28,083
-20%
$92,525
-22%
2013
$34,918
11%
$118,062
—
2012
$31,502
—
$117,499
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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502 N Plum Grove Road, Palatine, IL 60067 (MLS# 12472445) is a Commercial property. 502 N Plum Grove Road is currently listed for $325,000 and was received on September 17, 2025. Want to learn more about 502 N Plum Grove Road? Do you have questions about finding other Commercial real estate for sale in Palatine? You can browse all Palatine real estate or contact a Coldwell Banker agent to request more information.

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