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Palatine, IL - 7-Eleven - Availability Details

749-753 W Palatine Road, Palatine, IL 60067

  • For Sale $1,400,000
  • City Palatine
  • Zip Code 60067
  • Market Chicago
  • Property Type Retail - Strip
  • Property Size 4,840 Sqft
  • Lot Size 0.54 Acre
  • Year Built 1971
  • Date Updated 08 Jun, 2021
7-Eleven is located at the signalized, hard corner intersection of W. Palatine Road and S. Quentin Road, averaging 31,000 combined vehicles passing by daily. The site is equipped with a large pylon sign, creating excellent visibility along W. Palatine Road. 7-Eleven benefits from the nearby Palatine Metra Station, a major commuter rail line operating out of Chicago with 10.6 million passengers reported in 2018. The property is ideally located just 1 mile west from U.S. Highway 14 (32,900 VPD), a major north/east commuter thoroughfare traveling through Palatine and the surrounding Chicago suburbs. The asset is ideally situated less than 2 miles southeast of Palatine Plaza, a 137,000 SF shopping center anchored by Ace Hardware and Dollar Tree. W. Palatine Road is one of the primary retail corridors serving the trade area, with other nearby national/credit tenants including Walgreens, AutoZone, Bank of America, Starbucks, and more. Strong tenant synergy increases consumer attraction to the immediate trade area and promotes crossover store exposure for 7-Eleven. Moreover, Harper College (13,700 students) is located just under 2 miles south of the property, providing the store with a direct customer base from which to draw from. The 5-mile trade area is supported by more than 223,000 residents and 148,000 daytime employees with an affluent average household income of $123,000.
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Location

  • City Palatine, IL
  • Zip Code 60067
  • Market Chicago

Contacts

broker

Dan Elliot

Chicago

(312) 279-5342

Contact Listing Broker

broker

Dan Elliot

Chicago

(312) 279-5342

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