$600,001

( $234.28Per Sq Foot )

$3,221 est/mo Sourced by Back At You

427 E Palatine Road,Palatine, IL 60074

Palatine, IL 60074

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Description

Excellent investment opportunity in a prime Palatine location! This one-story, all-brick commercial building is currently operating as a successful food market with Lotto. Continue the existing business or bring your own concept to this versatile space. Building and business are available for sale or lease. Property offers convenient on-site parking for 8-10 vehicles.

Details

MLS #	12573113
Listing Type	For Sale
Style	Bus / Bus W/real Est
Sub-Type	Resale
Status	Active
Days On Site	199
Listing Provided By	Century 21 Integra \| Carolyn Mellander

Features

SQ Feet	2,561
Story(s)	1

Interior

Cooling	Central Air

Taxes

Tax Year	2024
Tax Annual Amount	25744.94

Area Information

State	IL
County	Cook
City	Palatine
Zip Code	60074
Area	Palatine
Listing VS Median (in 60074)
Price: $600,001 low \| high Med: $298,000 100% of Average sqft: 2,561 low \| high Med: 1,400 95.333853963296% of Average $ / sqft: $234 low \| high Med: $213 59.14562761443% of Average On site: 199 low \| high Med: 2 100% of Average

Sourced by Back At You

Market Activity 60074

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Aug 2026	Sales: 4	Avg $ Per SqFt: $251.84	Min Sale Price: $235,000	Max Sale Price: $650,000	Med Sale Price: $498,437
Date: Jul 2026	Sales: 31	Avg $ Per SqFt: $226.47	Min Sale Price: $142,000	Max Sale Price: $885,000	Med Sale Price: $417,000
Date: Jun 2026	Sales: 33	Avg $ Per SqFt: $230.18	Min Sale Price: $141,000	Max Sale Price: $960,000	Med Sale Price: $308,000
Date: May 2026	Sales: 32	Avg $ Per SqFt: $261.82	Min Sale Price: $147,000	Max Sale Price: $700,000	Med Sale Price: $387,500
Date: Apr 2026	Sales: 36	Avg $ Per SqFt: $231.38	Min Sale Price: $154,000	Max Sale Price: $875,000	Med Sale Price: $309,500
Date: Mar 2026	Sales: 38	Avg $ Per SqFt: $236.4	Min Sale Price: $130,000	Max Sale Price: $758,000	Med Sale Price: $327,500
Date: Feb 2026	Sales: 32	Avg $ Per SqFt: $223.04	Min Sale Price: $140,100	Max Sale Price: $925,000	Med Sale Price: $293,500
Date: Jan 2026	Sales: 31	Avg $ Per SqFt: $222.46	Min Sale Price: $140,000	Max Sale Price: $1,025,000	Med Sale Price: $252,000
Date: Dec 2025	Sales: 16	Avg $ Per SqFt: $241.08	Min Sale Price: $145,000	Max Sale Price: $551,000	Med Sale Price: $270,500
Date: Nov 2025	Sales: 20	Avg $ Per SqFt: $219.55	Min Sale Price: $165,500	Max Sale Price: $931,000	Med Sale Price: $309,750
Date: Oct 2025	Sales: 26	Avg $ Per SqFt: $224.87	Min Sale Price: $152,000	Max Sale Price: $510,000	Med Sale Price: $289,500
Date: Sep 2025	Sales: 42	Avg $ Per SqFt: $220.77	Min Sale Price: $152,000	Max Sale Price: $726,000	Med Sale Price: $303,000

Sourced by Back At You

Aug 2026
Sales:	4
Avg $ Per SqFt:	$251.84
Min Sale Price:	$235,000
Max Sale Price:	$650,000
Med Sale Price:	$498,437
Jul 2026
Sales:	31
Avg $ Per SqFt:	$226.47
Min Sale Price:	$142,000
Max Sale Price:	$885,000
Med Sale Price:	$417,000
Jun 2026
Sales:	33
Avg $ Per SqFt:	$230.18
Min Sale Price:	$141,000
Max Sale Price:	$960,000
Med Sale Price:	$308,000
May 2026
Sales:	32
Avg $ Per SqFt:	$261.82
Min Sale Price:	$147,000
Max Sale Price:	$700,000
Med Sale Price:	$387,500
Apr 2026
Sales:	36
Avg $ Per SqFt:	$231.38
Min Sale Price:	$154,000
Max Sale Price:	$875,000
Med Sale Price:	$309,500
Mar 2026
Sales:	38
Avg $ Per SqFt:	$236.4
Min Sale Price:	$130,000
Max Sale Price:	$758,000
Med Sale Price:	$327,500
Feb 2026
Sales:	32
Avg $ Per SqFt:	$223.04
Min Sale Price:	$140,100
Max Sale Price:	$925,000
Med Sale Price:	$293,500
Jan 2026
Sales:	31
Avg $ Per SqFt:	$222.46
Min Sale Price:	$140,000
Max Sale Price:	$1,025,000
Med Sale Price:	$252,000
Dec 2025
Sales:	16
Avg $ Per SqFt:	$241.08
Min Sale Price:	$145,000
Max Sale Price:	$551,000
Med Sale Price:	$270,500
Nov 2025
Sales:	20
Avg $ Per SqFt:	$219.55
Min Sale Price:	$165,500
Max Sale Price:	$931,000
Med Sale Price:	$309,750
Oct 2025
Sales:	26
Avg $ Per SqFt:	$224.87
Min Sale Price:	$152,000
Max Sale Price:	$510,000
Med Sale Price:	$289,500
Sep 2025
Sales:	42
Avg $ Per SqFt:	$220.77
Min Sale Price:	$152,000
Max Sale Price:	$726,000
Med Sale Price:	$303,000

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State	IL
County	Cook
City	Palatine
Zip Code	60074
Area	Palatine
Listing VS Median (in 60074)
Price: $600,001 low \| high Med: $298,000 100% of Average sqft: 2,561 low \| high Med: 1,400 95.333853963296% of Average $ / sqft: $234 low \| high Med: $213 59.14562761443% of Average On site: 199 low \| high Med: 2 100% of Average

Sourced by Back At You

Nearby Listings (Within 1/2 mile)

Price: $450K - $750K

sqft: 1,500 - 3,000

Nearby Listings Property Image	Nearby Listings Details
	$410,000 270 N Linden Avenue Palatine, IL 60074
	$299,900 55 S Hale Street 207 Palatine, IL 60067
	$299,000 55 S Hale Street 108 Palatine, IL 60067
	$360,000 805 E Palatine Road Palatine, IL 60074

Listing Updated: July 9, 2026 at 12:12:48 PM PDT

427 E Palatine Road,Palatine, IL 60074

Palatine, IL 60074

Description

Details

Features

Interior

Taxes

Area Information

Market Activity 60074

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$410,000

$299,900

$299,000

$360,000

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427 E Palatine Road,Palatine, IL 60074

Palatine, IL 60074

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Description

Details

Features

Interior

Taxes

Area Information

Market Activity 60074

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Contact

Learn More About This Property

Chicagoland Brokers Inc

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Additional Information

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$410,000

$299,900

$299,000

$360,000

Chicagoland Brokers Inc

Quick Links

Popular Areas

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Chicagoland Brokers Inc Brokers Inc