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201 E Dundee Rd 7,650 SF 100% Leased Office Building Palatine, IL 60074 $1,521,960 CAD ($198.95 CAD/SF)
Investment Highlights
- Flexible Space for Vehicles, Equipment & Inventory
- Garage & Ample Storage
- Volume Ceilings & Bose Sound System
- Ideal for Owner-Users & Collectors
- Private Offices, Kitchen & Bathrooms
- Office & Showroom Space
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,650 SF
Building Class
B
Year Built
1995
Price
$1,521,960 CAD
Price Per SF
$198.95 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
0.22
Lot Size
0.80 AC
Zoning
B-2, Palatine
Parking
36 Spaces (4.71 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Property Manager on Site
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02-11-101-015-0000 | Improvements Assessment | $100,333 CAD |
| Land Assessment | $155,119 CAD | Total Assessment | $255,452 CAD |
Property Taxes
Parcel Number
02-11-101-015-0000
Land Assessment
$155,119 CAD
Improvements Assessment
$100,333 CAD
Total Assessment
$255,452 CAD
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201 E Dundee Rd
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