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1400 E Northwest Hwy
Palatine, IL 60074 Far Northwest Suburban Cook

Price Upon Request

Storefront For Sale  •  17,000 SF

Property Details

• Property Type Storefront
• Total Building Size 17,000 SF
• Lot Size 2.51 AC
• Building Class C
• Year Built 1962
• Tenancy Multiple
• Zoning B-2, Palatine

0 Transit Score

33 Walk Score

Highlights

Generational Redevelopment Opportunity! 2.51 Acres For Sale

+2.51 acres located directly across the street from Potential home of the Chicago Bears (Former Arlington Park Racetrack)

472 Feet of frontage on busy Northwest Hwy (Rt 14)

**Existing Income in place during redevelopment process** (Current NOI: $99,026 per year)

Wide range of allowable uses for redevelopment

For Sale: Price is subject to offer!!

Property Flyers

Northwest Highway,1400 E (Palatine,IL) 5-7-25

Financial Summary (Actual)

Net Operating Income: $99,026 USD (2024)

Total Expenses:

$94,307 USD

Amenities

• Metro/Subway

Public Transportation

Commuter Rail	Drive	Walk	Distance
Arlington Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	3 min	13 min	0.7 mi
Arlington Heights Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	4 min	-	1.9 mi
Transit/Subway	Drive	Walk	Distance
Arlington Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	1 min	13 min	0.3 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	23 min	-	13.6 mi
Chicago Midway International	46 min	-	32.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	120
Type:	Surface
Included in Rent:	Yes