Palatine, IL Commercial Real Estate - 45 Listings

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

Palatine Corporate Center - Building 2

150 Sellstrom Drive, Palatine, IL
Space Type

Industrial
For Lease Contact for pricing

1 space available / 153,687 SF
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707-717 South Vermont Street

707-717 South Vermont Street, Palatine, IL
Space Type

Industrial
For Lease

$12.00/SF/YR
2 spaces available / 4,000 - 8,000 SF
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887 E Wilmette Rd

887 E Wilmette Rd, Palatine, IL
Space Type

Mixed Use
For Lease

$16.50/SF/YR
1 space available / 6,800 SF
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318-320 W. Colfax St.

318-320 W. Colfax St., Palatine, IL
Space Type

Industrial
For Lease

$16.00/SF/YR
1 space available / 5,000 SF
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334 E Colfax St

334 E Colfax St, Palatine, IL
Property Type

Office
For Sale

$97.27/SF
Built in 1985 / Property size 4,472 SF
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The Palatine, IL Commercial Real Estate Market at a Glance

The commercial real estate market in Palatine, IL includes commercial property of all types. To put it in numbers, there are 536,546 square feet of commercial space in 44 commercial properties across the city. If you are not familiar with commercial real estate in Palatine, IL, below are a few essential aspects to consider in order to better understand the local market.

Commercial Space for Rent Opportunities in Palatine, IL

You can search 106 commercial real estate space listing(s) currently available for rent in Palatine, IL, which represents a total of 536,546 square feet. Leasing opportunities here include 44 office listing(s), 8 industrial and warehouse listing(s), 40 retail space listing(s), and more. Use the search filters at the top of the page and the interactive map to see location-specific advantages when looking for your next commercial space for lease in Palatine, IL. You can conveniently reach out for more in-depth information using the contact form available on each listing.

Palatine, IL Commercial Real Estate Listings for Rent

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 10 538,793 N/A

Retail 16 645,496 $23.22

Industrial 11 651,873 $12

Other 4 25,544 N/A

Looking to lease a particular type of commercial property? Visit our dedicated pages for office space for rent, retail spaces for lease, or warehouses for rent to view current listings and access more in-depth market stats.

What to Consider When Renting Commercial Real Estate in Palatine, IL

If you are somewhat new to this process, a good place to start would be our quick guide to the differences between commercial property types, and some essential terms to know. Once you get the general idea of what a certain kind of space can offer you, it is essential to clarify what to prioritize among your business needs relating to the workspace you need to occupy and the location where you need it to be.

Not all decision factors can be clear-cut search filters and property categories, so the next step after doing a listing search for the type of property you need should be to reach out to the real estate brokers, as they are best positioned to fill in the blanks and help you secure the best commercial space lease for your needs.

Commercial Real Estate for Sale in Palatine, IL

Those who are better served by owning instead of renting commercial property can also find options for sale here. Investment opportunities currently listed on the local market add up to a total of 11 commercial property for sale listing(s).

Depending on aspects such as location, market particularities, and property potential, office space can be transformed and adapted to accommodate a great variety of tenant businesses and institutions. Options of commercial real estate for sale in Palatine include 2 office building for sale listing(s).

If your investment strategy is focused on warehousing, logistics, or similar property types, you’ll find 5 industrial real estate for sale listing(s) currently marketed in Palatine.

Palatine, IL Commercial Real Estate Listings for Sale

Property type No. of Listings Total Sq. Ft.

Office 2 538,793

Industrial 5 651,873

Other 4 171,096

Shopping for a certain type of commercial property? Visit our dedicated pages for office property for sale, retail space for sale, or industrial real estate for sale to see what local investment opportunities are currently listed.

Buying Commercial Property in Palatine, IL

When acquiring commercial property, you are likely to take into consideration some of the same factors that go into choosing a space to rent: location, size, configuration, the condition of the property, and costs. However, some aspects might be more relevant to consider when looking to buy property, such as: the zoning and what property improvements or transformations it allows; how flexible the property is in terms of repositioning or adaptive reuse improvements (some configurations lend themselves to transformation more easily than others); and what equity potential the investment might have.

Additionally, it is highly recommended that you enlist the expertise of professionals who are knowledgeable not only in the complexities of property acquisitions, but also in the untapped investment potential in their local markets.

Where You Are Most Likely to Find Commercial Space in Palatine, IL

The best areas of the market may vary depending on the type of commercial real estate you are interested in, either for rent or for sale. For instance, while office properties and retail space are often located relatively close to each other, some industrial real estate tends to be zoned separately.

Find Commercial Real Estate Near Me

Whether you are looking to rent or to buy, you can easily find the right commercial space in your preferred location, with PropertyShark. Our interactive map navigation modes include the possibility to bring up listings in the area of your current map view, as well as the option to draw a polygon to determine an exact search area, and a radius tool with which you can search for listings around a particular point of interest. Reach out to property representatives to schedule a tour or request more information, using the quick contact tool available with each listing search result.

Palatine, IL Commercial Real Estate - 45 Listings

Palatine Corporate Center - Building 2

707-717 South Vermont Street

887 E Wilmette Rd

318-320 W. Colfax St.

334 E Colfax St

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