Listing provided courtesy of Millennium Properties RE, Inc.MREDas Distributed by MLSGrid- MLS# 12409627MLS Provider

315-345 W Northwest Highway #101-103Palatine, IL 60067

Commercial
$1,000 Active

315-345 W Northwest Highway #101-103 Overview

Time on Site:
362 days
Visits:
7

This office space is part of a 37,200 square foot neighborhood shopping center with both retail and office units. Located in Palatine, Illinois, Stevens Pointe Center, is situated on Northwest Highway, one of the main commercial arteries in the area. With easy access to Route 53/I-90, this is the perfect opportunity for a retail, service or office user. Tenants include MocaFit gym, Wine Cellar, Best Brains Learning Center, One Taco Dos Tequilas, Hot Pockets Sports Bar, Born 2 Dance, Inc and more. The property also includes 190 parking spaces for customers and employees. Part of the northwest suburbs of Chicago, Palatine is the seventh largest city in Cook County. The city's population grew nearly over the last decade to 68,557 residents. Northwest Highway is a strong commercial corridor for the city with a number of retail and office properties. There are over 256,000 consumers within a five-mile radius. In addition, the rapid expansion of the nearby high-tech corridor has spurred significant growth resulting in the planning and construction of thousands of new homes and apartments in the immediate area.

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315-345 W Northwest Highway #101-103 Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Existing Lease Type: Gross

Building Information

  • Year Built: 1979

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

General Information

  • Property Sub Type: Office
  • Property Type: Commercial Lease

Interior

General Information

  • Cooling: Central Air
  • Electric: Separate Meters
  • Leasable Area: 1000
  • Stories: 1

Unit Information

  • Unit SqFt.: 1000
  • Unit Number: 101-103

Exterior

General Information

  • Number Of Units Total: 2

315-345 W Northwest Highway #101-103 Neighborhood

Community

60067 (Palatine) Demographics

42
Median Age
2,804
Population Density (per sq. mile)
68%
College Educated
$108,270
Estimated Median Income
11,862
Estimated Total Home Owners
3,501
Estimated Total Renters
77% / 23%
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.

315-345 W Northwest Highway #101-103 Market Data

Based on the last 30 days in this zip code

$605,058
Average List Price
$276
Average Price per Square Foot
44
Properties Sold
61
Average Days on Market
159
Properties for Sale
Calculations provided by Reliance Network

315-345 W Northwest Highway #101-103 History

Date Event Value Agent
7/31/2025Source: MRED Added to Database
July 02, 2025
7/31/2025Source: MRED Status Change
Active