Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12531781MLS Provider

1240 E Dundee RoadPalatine, IL 60074

Commercial
$25 Active

1240 E Dundee Road Overview

Time on Site:
200 days
Visits:
2

Great Leasing Opportunity in Palatine, IL. Available for lease is a 3,500 SF end-cap space, formerly used as a dry cleaning business. Space offers an open layout with high ceilings, perfect for another dry cleaner or a variety of other uses. Being located along E Dundee Road offers any user excellent exposure to potential customers, 25,843 vehicles per day. Don't miss this!

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1240 E Dundee Road Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Gross
  • Net Operating Income: 0

Building Information

  • Year Built: 1987

Business Information

  • Business Type: Retail

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Palatine

Rent/Lease Information

  • Tenant Pays: All Utilities

Tax Information

  • Tax Annual Amount: $103,310.20
  • Tax Year: 2024

General Information

  • Property Type: Commercial Lease

Interior

General Information

  • Cooling: Central Air
  • Electric: Other
  • Leasable Area: 3500
  • Stories: 1

Unit Information

  • Unit SqFt.: 3500

Exterior

1240 E Dundee Road Neighborhood

Community

60074 (Palatine) Demographics

35
Median Age
5,186
Population Density (per sq. mile)
48%
College Educated
$69,416
Estimated Median Income
8,708
Estimated Total Home Owners
5,785
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1240 E Dundee Road Market Data

Based on the last 30 days in this zip code

$392,934
Average List Price
$235
Average Price per Square Foot
30
Properties Sold
45
Average Days on Market
104
Properties for Sale
Calculations provided by Reliance Network

1240 E Dundee Road History

Date Event Value Agent
12/16/2025Source: MRED Status Change
Active
12/11/2025Source: MRED Added to Database
December 11, 2025