Your complete guide to business transactions in a thriving northwest suburb. Diverse economy, excellent schools, and strong community support.
Palatine is one of the largest villages in Illinois, offering a diverse economy with strong retail, professional services, and healthcare sectors. The community benefits from excellent schools, multiple Metra stations, and proximity to major employment centers.
The village features thriving commercial corridors along Rand Road and Northwest Highway, a vibrant downtown district, and numerous business parks. Palatine's central location in the northwest suburbs provides access to a large customer base while maintaining a strong local community feel.
| Metric | Value |
|---|---|
| Population | 68,557 |
| Total Businesses | 3,100+ |
| Average Business Sale Price | $295,000 |
| Median Time to Sell | 9 months |
| Top Industries | Retail, Restaurants, Healthcare, Professional Services, Personal Services |
| Region | Chicagoland (Northwest Suburbs) |
Get expert guidance for your Palatine business transaction.