201 E Dundee Rd - Office FOR SALE


Palatine, IL 60074
$1,100,000 USD
312-840-9002
201 E Dundee Rd, Palatine, IL for Sale
$1,100,000 USD
Office - FOR SALE
1/66
null | Request Cap Rate

201 E Dundee Rd
Palatine, IL 60074


HIGHLIGHTS

  • Flexible Space for Vehicles, Equipment & Inventory
  • Ideal for Owner-Users & Collectors
  • Garage & Ample Storage
  • Private Offices, Kitchen & Bathrooms
  • Volume Ceilings & Bose Sound System
  • Office & Showroom Space

OVERVIEW

Jameson Commercial is pleased to present 201 E Dundee Road, a 7,650 SF office building in Palatine, IL, positioned on approximately 0.8 acres and zoned B-2. The building offers well-finished office space with volume ceilings, multiple private offices, a kitchen, and bathrooms, along with garage and storage areas served by overhead doors, ideal for vehicles, equipment, or additional inventory. The property is currently income-producing, with in-place tenants generating steady cash flow at an 8.4% cap rate. This creates a rare opportunity for an owner-user to acquire a well-located, functional office building that pays for itself while transitioning into full occupancy over time. Located along one of Palatine's busiest commercial corridors with strong access to Rand Road, Route 53, and I-90, 201 E Dundee Road combines office functionality, income stability, and flexible garage/storage space in one offering.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

B-2, Palatine

APN/PARCEL ID

02-11-101-015-0000

ASK ABOUT THIS PROPERTY

Steven GoldsteinJameson CommercialMore Info
312-840-9002

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Steven GoldsteinJameson CommercialMore Info
312-840-9002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.