Palatine, IL 60067,4880 W Euclid AVE
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Palatine, IL 60067,4880 W Euclid AVE
Palatine, IL 60067,4880 W Euclid AVE
Palatine, IL 60067,4880 W Euclid AVE
Palatine, IL 60067,4880 W Euclid AVE

$980,000

Est. payment /mo

$1,100,000

10.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4880 W Euclid AVE Palatine, IL 60067

7,241 SqFt

SOLD DATE : 08/18/2025

Key Details

Sold Price $980,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 7,241 sqft

Price per Sqft $135

MLS Listing ID 12338601

Sold Date 08/18/25

Year Built 1988

Annual Tax Amount $48,068

Tax Year 2023

Lot Dimensions 296 X 89

Property Sub-Type Retail/Stores

Property Description

Cap rate 7.76!! Discover an exceptional value-added opportunity with this strategically located strip mall, perfect for savvy investors. This property boasts great visibility and is situated in a high-income neighborhood, with an impressive average household income of 163K within a 1-mile radius. The area is bustling with a large population of 255,350 residents within a 5-mile radius, ensuring a steady stream of potential customers. * Leasable Area (GLA): 7,241 sf * Total number of parking: 40 * Lot size: 0.614 acre * High Traffic: Approximately 20,000 cars pass by daily, offering maximum exposure for your tenants. * Low Maintenance: Tenants are responsible for all utilities. * Modern Upgrades: Recently sealed parking lot, new LED lights in the common area, and a refreshed facade enhance the property's appeal. * Versatile Space: The current vacant space was previously a dental office, featuring medical/dental office-ready plumbing and layout, perfect for similar businesses. * 0.6 miles from the Highway 53 interchange - 157,000 VPD Seize this fantastic opportunity to invest in a property with immense potential in a thriving area. Contact us today to learn more and schedule a viewing!

Location

State IL

County Cook

Area Palatine

Zoning RTAIL

Interior

Cooling Central Individual

Fireplace N

Building

Structure Type Brick,Concrete

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Midwest Real Estate Data (MRED) IDX
Listed by Sang Han • Platinum Partners Realtors
Bought with Faraz Mota • USA Realty Group Inc
agent

Craig Hogan

+1(773) 742-5929

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