Commercial Real Estate in Palatine
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Reonomy attracts a large community of Palatine commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
Palatine commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Florida||Palatine|
|Average sold price||$704,320||$612,509||$3,300|
|Median sold price||$119,214||$131,326||$3,300|
|Number of sales||4,978,222||492,672||--|
|Number of sales over $250k||1,723,171||177,928||--|
|Number of sales over $1m||358,117||33,557||--|
|Number of sales over $10m||49,028||4,755||--|
|Average total tax amount||$9,549||$4,170||$374|
|Average assessed value||$232,854||$196,040||$3,570|
|Average market value||$313,528||$224,835||$3,570|
Palatine commercial real estate property averages
|Property averages||United States||Florida||Palatine|
|Average lot size||827,164 sf||315,939 sf||10,035 sf|
|Median lot size||24,581 sf||13,033 sf||10,035 sf|
|Average building area||--||--||--|
|Median building area||--||--||--|
|Median year built||1972||1984||--|
|Average number of units||18||72||--|
|Median number of units||2||2||--|
Palatine commercial real estate total supply
|Number of parcels||206,334,107||3,181,514||--|
|Aggregate lot acerage||863,559,291||17,879,779||--|
|Aggregate building area||--||--||--|
Palatine commercial real estate industrial mortgages
|Number of mortgages||42,046,950||2,529,950||--|
|Average value of mortgages||$5,768,886||$5,008,438||--|