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640 E NORTHWEST HWY Palatine IL 60074-6356

APN 02232150280000

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Details
Property Type Industrial
Sub Type Warehouse
Building SqFt 3,116
Lot SqFt 14,240
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code B-2
Year Built 1977
Building Count 2
Opportunity Zone No
Sold Price per Acre ******
Tax Year ******
Tax Land ******
Tax Additions ******

Property History

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Property Type
Property Type
Industrial
Property Subtype
Warehouse
Asking Details
Asking Price
$529,000
Marketing 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.​ Current Taxes are being appealed
Property Type
Property Type
Retail
Property Subtype
Auto Shop
Marketing Description

Unlock the full potential of this commercial warehouse in a prime Palatine location with outstanding visibility, witnessing 25,000 cars passing by each day! Positioned in a high-traffic area on a spacious corner lot, this property is perfectly suited for either a auto repair shop as there is great parking space or just a warehouse space, offering a generous total of approximately 3,500 sq. ft. Notable features include two 10x10 garage doors, providing convenient access and enhancing the property's versatility. The property also has a triple basin, 14 parking spots and a bathroom. The robust infrastructure boasts a 200 Amp electrical system with both 1 and 3-phase options, ensuring an efficient and versatile power supply. The roof underwent replacement just one year ago, incurring a cost of $70,000, and the stucco was refreshed two years ago. Don't miss out on this rare opportunity for owner occupancy or as a lucrative income property. Act swiftly to secure your investment in this dynamic commercial space!

Sale Date
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Sold Price
******
Sale Doc Number
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Sale Document Type
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Mortgage 1 Est Interest Rate
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Mortgage 1 Est Loan Balance
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Mortgage 1 Est Payment Amount
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Mortgage 1 Lender
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Mortgage 1 Lien Position
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Mortgage 1 Loan Amount
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Mortgage 1 Loan Maturity Date
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Mortgage 1 Loan Type
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Mortgage 1 Recording Date
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Mortgage 1 Term
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Sold By
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Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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B-2 CommercialGeneral CommercialGeneral Business
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View all 135 uses
View all 135 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
DM
Diana Matichyn
LIC: 475.163703
•••.•••.6491
•iana@•••••••••••••.com
Diana Matichyn

Map

Comparable Properties

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Rental Market Overview

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Palatine, IL median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Palatine, IL (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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