4880 W Euclid Avenue, Palatine, IL 60067

$1,100,000

bedrooms

bathrooms

square feet

7,241

Acreage

Open Houses

year built

1988

Full Baths

Half Baths

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Cap rate 7.76!! Discover an exceptional value-added opportunity with this strategically located strip mall, perfect for savvy investors. This property boasts great visibility and is situated in a high-income neighborhood, with an impressive average household income of 163K within a 1-mile radius. The area is bustling with a large population of 255,350 residents within a 5-mile radius, ensuring a steady stream of potential customers. * Leasable Area (GLA): 7,241 sf * Total number of parking: 40 * Lot size: 0.614 acre * High Traffic: Approximately 20,000 cars pass by daily, offering maximum exposure for your tenants. * Low Maintenance: Tenants are responsible for all utilities. * Modern Upgrades: Recently sealed parking lot, new LED lights in the common area, and a refreshed facade enhance the property's appeal. * Versatile Space: The current vacant space was previously a dental office, featuring medical/dental office-ready plumbing and layout, perfect for similar businesses. * 0.6 miles from the Highway 53 interchange - 157,000 VPD Seize this fantastic opportunity to invest in a property with immense potential in a thriving area. Contact us today to learn more and schedule a viewing!

Location
Subdivision	-
County	Cook
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 12338601

Listing agent: Sang Han #475179051

Listing broker: Platinum Partners Realtors (630) 435-3500

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Last update: Tuesday, April 15 2025 at 3:07 p.m. EDT

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