201 E Dundee Rd
$1,100,000
201 E Dundee Rd, Palatine, IL 60074
7,070 sqft
Building Size
0.7953 acres
Lot Area
Details:
Highlights:
- 7,650 SF Office Building
- B-2 Zoning
- Office & Showroom Space
- Volume Ceilings & Bose Sound System
- Private Offices, Kitchen & Bathrooms
- Garage & Ample Storage
- Ideal for Owner-Users & Collectors
- Flexible Space for Vehicles, Equipment & Inventory
Description:
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.
Nestled in the vibrant community of Palatine, this area boasts a rich tapestry of amenities and attractions. Surrounded by an array of dining options, shopping centers, and recreational facilities, the location offers a perfect blend of convenience and leisure. Notable nearby points of interest include the Deer Grove Forest Preserve, offering picturesque natural escapes, and the Palatine Metra Station, providing accessible transportation for employees and visitors. With its close proximity to a variety of local businesses and cultural hotspots, the area presents an enticing opportunity for professionals seeking an office space that integrates seamlessly into the dynamic fabric of Palatine.
Documents:
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| JCOMM_MP_201_E_Dundee_Rd.pdf |
Location
Gallery