847-363-9700
650 N 1st Bank Dr, Palatine, IL for Sale
Office - FOR SALE
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650 N 1st Bank Dr
Palatine, IL 60067


HIGHLIGHTS

  • Prime Palatine Location - Office Park of Palatine
  • Turn-Key Office Building
  • Ample Parking - ~4/1,000 SF Ratio

OVERVIEW

650 N. First Bank Drive presents a rare opportunity to acquire a strategically positioned suburban office asset in the heart of Palatine’s established corporate corridor. Located just east of Illinois Route 53, the property benefits from immediate regional connectivity and strong accessibility to the greater Northwest suburban Chicago market. The building offers a highly functional layout designed to support a range of professional, medical, and service-oriented users. Its efficient floor plates, generous surface parking, and professional exterior presence create an attractive and practical environment for both tenants and owner-users. The surrounding business park setting provides a quiet, campus-style atmosphere while maintaining close proximity to retail, dining, and everyday conveniences. This offering represents a compelling acquisition opportunity for investors seeking stable suburban fundamentals with value-enhancement potential, or for owner-users pursuing long-term control of their real estate in a highly accessible, business-oriented location.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

650 N. First Bank Drive

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

02-14-100-075-0000

ASK ABOUT THIS PROPERTY

Ryan MoatsMoats Office PropertiesMore Info
847-363-9700

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Ryan MoatsMoats Office PropertiesMore Info
847-363-9700

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