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The Village Square 32-60 W Palatine Rd 850 - 1,900 SF of Office/Retail Space Available in Palatine, IL 60067
Highlights
- Prime Downtown Location – Situated in the vibrant Palatine business district.
- Ample Parking – Onsite parking with additional public lot across the street.
- High Visibility Corner Lot – Excellent exposure at Palatine Rd & Brockway St.
- Excellent Tenant Mix – Diverse retail tenants in a multi-tenant configuration.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 52 | 850 SF | 10’ - 12’ | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $20,400 /YR $1,700 /MO | Modified Gross | |
| 1st Floor, Ste 56 | 1,050 SF | 10’ | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $25,200 /YR $2,100 /MO | Modified Gross |
1st Floor, Ste 52
High-visibility retail or office space located along Palatine Road in one of the most active and established retail corridors in downtown Palatine. This approximately 850 square foot suite is positioned within a well-occupied neighborhood strip center surrounded by long-standing businesses, including Palatine Podiatry, a well-rated cafe, and multiple restaurants that generate consistent daily traffic. The space offers a flexible layout with a private restroom, 10-to-12-foot ceilings, and 200-amp electrical service, making it suitable for a wide range of retail, service, or professional office users. Ideal uses include salon, boutique retail, wellness, or office-based businesses. The property is located just one block from Palatine Town Square and within walking distance to downtown Palatine and the Metra station, providing convenient access for both local residents and commuters. Situated along Palatine Road, a primary east-west corridor with approximately 20,000 to 25,000 vehicles per day, the site offers strong visibility and exposure. Zoning is B-3 Central Business District, allowing for a variety of retail, office, and service uses within a walkable downtown environment. The property includes approximately 28 on-site parking spaces, including 2 designated handicap spaces, providing convenient access for customers and employees. Tenant is responsible for electric, heat, and internet. Landlord covers water. Contact listing agent for additional details or to schedule a tour.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 3 - 7 People
- Finished Ceilings: 10’ - 12’
- Natural Light
- Suite features 200-amp electrical service.
1st Floor, Ste 56
Retail or office opportunity located along Palatine Road within a well-established strip center in the heart of downtown Palatine. This approximately 1,050 square foot suite is surrounded by long-term tenants, including a popular cafe, restaurants, and service-based businesses that contribute to steady foot traffic and a stable retail environment. The space features 10 to 12 foot ceilings, 200-amp electrical service, and a flexible layout suitable for a variety of retail, service, or office users. The property is positioned one block from Palatine Town Square and within walking distance to downtown Palatine and the Metra station, offering accessibility for both local clientele and daily commuters. Located along Palatine Road with approximately 20,000 to 25,000 vehicles per day, the property provides strong exposure along a key commuter route. Zoning is B-3 Central Business District, supporting a wide range of retail and service uses in a high-demand downtown location. The property includes approximately 28 on-site parking spaces, including 2 designated handicap spaces, providing convenient access for both employees and customers. The unit is currently leased through September 2026, making it suitable for future occupancy or investment. Contact listing agent for additional information.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 3 - 9 People
- Finished Ceilings: 10’
- Natural Light
- Located in-line with other retail
- Suite features 200-amp electrical service.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at The Village Square
- Tenant
- Description
- US Locations
- Reach
- Cook Cork and Fork
- Retailer
- 1
- -
- Main Street Hair Salon Llc
- Retailer
- -
- -
- Murph Taxes and Accounting
- Acctg/Tax Prep
- 1
- -
- Sweet Cs LLC
- Donut Shop
- 1
- -
- Tartar & Son Financial
- -
- -
- -
- Torgerson Financial
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Cook Cork and Fork | Retailer | 1 | - |
| Main Street Hair Salon Llc | Retailer | - | - |
| Murph Taxes and Accounting | Acctg/Tax Prep | 1 | - |
| Sweet Cs LLC | Donut Shop | 1 | - |
| Tartar & Son Financial | - | - | - |
| Torgerson Financial | Services | 1 | - |
Property Facts
| Total Space Available | 1,900 SF | Total Land Area | 0.79 AC |
| Property Type | Retail | Year Built/Renovated | 1975/2000 |
| Property Subtype | Storefront | Parking Ratio | 2.6/1,000 SF |
| Gross Leasable Area | 21,819 SF |
| Total Space Available | 1,900 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 21,819 SF |
| Total Land Area | 0.79 AC |
| Year Built/Renovated | 1975/2000 |
| Parking Ratio | 2.6/1,000 SF |
About the Property
Located in the heart of Downtown Palatine, this retail property sits on the northeast corner of Palatine Road and Brockway Street. The property spans approximately 21,819 square feet on 0.79–0.99 acres and was originally built in 1975, with significant renovations completed in 2022. It features a multi-tenant layout with 14 units, offering excellent visibility and accessibility. The property benefits from a high-traffic location with over 13,000 vehicles per day on Palatine Road and is just three blocks from the Palatine Metra Station, providing strong commuter access.
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
Presented by
The Village Square | 32-60 W Palatine Rd
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