Community/Large Neighborhood

Park Place Shopping Center (Palatine, IL)

Park Place Shopping Center (Palatine, IL) is a 218,321 SF Community/Large Neighborhood at 1365 N Rand Rd, Palatine, IL, USA, with 7 tenants including Panda Express, Sonic, and Goodwill. In the last 24 months it recorded 1 opening and 0 closings. The 10-minute drive-time population is 77,410 with a median household income of $97,353, according to Brandmarch.

Open-air·7 stores across 218,321 SF·1365 N Rand Rd, Palatine, IL, USA

Recent Activity in Last 24 months

Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.

Opened
CD One Price Cleaners1185 E. Dundee Road
Opened Q1/2 2026
Showing 1-1 of 1 activities
Locations · Growth Trajectory

+1 net stores since Q4 2024

Growing tenants · 1 opens, 0 closes

About Park Place Shopping Center (Palatine, IL)

Park Place Shopping Center is a community shopping center located at 1365 North Rand Road in Palatine, Illinois. The center is undergoing significant renovations including facade improvements and interior remodeling to accommodate new tenants, with work expected to be completed by mid-2026.

Demographics

Property Report

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News

Tenant Mix by Category

7 brands across 5 categories

Restaurant - QSR/Fast Food
3 (42.9%)
Cleaning
1 (14.3%)
Crafts, Toys, and Hobbies
1 (14.3%)
Restaurant - Fast Casual
1 (14.3%)
Used Products
1 (14.3%)

All Tenants

Panda Express
Panda Express
Restaurant - Fast CasualN/A
Sonic
Sonic
Restaurant - QSR/Fast FoodN/A
Goodwill
Goodwill
Used ProductsN/A
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See the full tenant roster and category breakdown

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