552 E Northwest Highway, Palatine, IL 60074

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Other
AUD $1,219,785
USD $850,000
Published on: 02 Oct 2026
Last updated on: 02 Oct 2026
552 E Northwest Highway, Palatine, IL 60074
552 E Northwest Highway, Palatine, IL 60074
552 E Northwest Highway, Palatine, IL 60074
+49
552 E Northwest Highway, Palatine, IL 60074
  • 49
Property ID: 110120063790
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Commercial Sale, Palatine, IL

552 E Northwest Highway, Palatine, IL 60074
Incredible income property, look at the cash flow! 2 apartments and 2 store/offices. Free Standing Mixed-use Building, two minutes away from former Arlington Park Racecourse. Great Exposure on Northwest Hwy., Close Proximity to IL Rte 53, .Lots of parking- 6 in front and 8 or more in the back. 127' of Frontage along Northwest Hwy. Two completely remodeled apartments. 3 bedroom (apx. 1500 SF) and 2 bedroom (apx. 1200 SF) apartment, both with in-unit laundry, hardwood floors, new kitchens with quartz countertops, new baths, open, contemporary lay-out, and separate utilities..5000 SF of Retail space on first floor. 1stt floor has two separate offices, could be use for offices, warehouse, retail/stores, etc., separate utilities, kitchen with sub-zero refrigerator, restrooms, dock door in a back for deliveries, all newer and remodeled. 2.5 car garage. Building has 5 furnaces, 5 A/C units, 3 water meters, The building is in pristine condition. One office space is leased to a dental lab. The other office space is leased for an accountant services. Office/ business spaces are responsible for water electric and heat bill. Residential apartments responsible for electric and gas bill. Additional rent info, profit and loss sheet you can find in additional info.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
696.87 m2
Year Built
1956
Num Floors
2
County
Cook
Parcel ID
02232140100000
Provider
Midwest Real Estate Data, LLC
Brokerage Office Name
Hometown Real Estate
Brokerage Office Phone
(773) 625-1121
Neighbourhoods
Palatine
Address
552 E Northwest Highway, Palatine, IL 60074

Tax History

YearTax amount
2022USD $15907AUD $22,827*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.

Contact Agent
Jolanta Kazimierski
Hometown Real Estate Group
7700 W. Belmont Ave. , Chicago, IL 60634
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Jolanta Kazimierski
7700 W. Belmont Ave. , Chicago, IL 60634
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      Property ID: 110120063790

      Original Property ID: 3yd-MREDIL-12773893
      Data provided by Midwest Real Estate Data, LLC, MLS #: 12773893
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.