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600 N First Bank Dr
Palatine, IL 60067
Office Property For Sale
Investment Highlights
- 100% Leased
- Great Flex Building
Executive Summary
Fully Leased Investment Opportunity
Building Size 17,304
Gross Site Area 60,405 sqft
Zoned B-1
Meticulously Maintained Multi Tenanted
Office investment property located
in Corporate Office park with
Easy access to Rte. 53 via Dundee
Road, Palatine Road or Northwest
Highway
Next to amenities including restaurants,
banks and Mariano's grocery
Building Size 17,304
Gross Site Area 60,405 sqft
Zoned B-1
Meticulously Maintained Multi Tenanted
Office investment property located
in Corporate Office park with
Easy access to Rte. 53 via Dundee
Road, Palatine Road or Northwest
Highway
Next to amenities including restaurants,
banks and Mariano's grocery
Property Facts
Sale Type
Investment
Property Type
Building Size
17,304 SF
Building Class
B
Year Built/Renovated
1960/2019
Price
$1,650,000
Price Per SF
$95.35
Cap Rate
7.64%
NOI
$126,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,652 SF
Slab To Slab
10’
Building FAR
0.31
Lot Size
1.27 AC
Zoning
B-1, Palatine
Property Taxes
| Parcel Number | 02-14-100-068-0000 | Improvements Assessment | $49,684 |
| Land Assessment | $196,316 | Total Assessment | $246,000 |
Property Taxes
Parcel Number
02-14-100-068-0000
Land Assessment
$196,316
Improvements Assessment
$49,684
Total Assessment
$246,000
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