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Date
Details
Price
Change
Source
2/26/2026
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/12
$549,900
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Property Description
This prime commercial warehouse offers approximately 3,500 square feet of versatile space in a high-traffic, high-visibility corner location. Situated on a desirable corner lot with a large parking area, the property provides excellent accessibility and exposure for a wide range of businesses, including auto repair, vehicle sales, service operations, or light industrial use. The building features two 10' x 10' drive-in garage doors, a newer roof, and updated exterior stucco, making it a solid and well-maintained investment. There is a reception space area, garage space, Ideal for an owner-occupant or investor, this property combines functionality, visibility, and strong business potential in one exceptional opportunity.
Full Property Details
Full Property Details for MLS# 12575907
General
- Price: $549,900
- Taxes: $32,284 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12575907
- Updated: 3/18/2026
- Added to Site: 43 day(s) ago
Location
- Area: Palatine
- County: Cook
- Township: Wheeling
- Driving Directions: WEST OF RTE 53 ON NORTHWEST HWY AND ELMWOOD
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Forced Air, Gas
Structural Information
- Construction: Block
- Exterior Const.: Block
- Foundation: Concrete Perimeter
- Roof: Membrane
- Drive-In Doors: 2
- Stories/Levels: 1
- Square Feet: 3,500
- Year Built: 1950
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 14,240
- Lot Dimensions: 161 x 52 x 171 x 78
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1950
- Tax Amount: $32,284.6
- Tax Year: 2024
Disclosures and Reports
- Property ID: 2232150280000
Listed by Real Broker LLC
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Listing agents
— MLS# 12575907 —
Real Broker LLC
Real Broker LLC
(773) 516-1111
NMLS#: 1598647
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Schools
Schools serving MLS# 12575907
School Districts:Palatine Community Consolidated School District 15, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Virginia Lake Elementary School 925 North Glenn Drive, Palatine, IL 60074 | K-5 | 1.6 mi |
Winston Campus Jr High School 120 North Babcock Drive, Palatine, IL 60074 | 6-8 | 0.6 mi |
Palatine High School 1111 North Rohlwing Road, Palatine, IL 60074 | 9-12 | 1.9 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 MLS# 12575907
Estimate the Cost
Estimate the Cost for MLS# 12575907
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- Townhouse
- Active
- Updated 1 hour ago
- 3Beds
- 3Total Baths
- 1,929Sq. Ft.
- Condo
- Active
- Updated 2 hours ago
- 2Beds
- 1Total Bath
- 1,000Sq. Ft.
- Condo
- Active
- Updated 17 hours ago
- 1Bed
- 1Total Bath
- 1,204Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 1Bed
- 1Total Bath
- 900Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,512Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,049Sq. Ft.
- Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 4Total Baths
- 2,025Sq. Ft.
- Condo
- Active
- Updated 17 hours ago
- 1Bed
- 1Total Bath
- 850Sq. Ft.
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- Single Family
- Closed
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 2,500Sq. Ft.
MLS# 12575907, Palatine, IL 60074 (MLS# 12575907) is a Commercial property. MLS# 12575907 is currently listed for $549,900 and was received on February 26, 2026. Want to learn more about MLS# 12575907? 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.