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    501-515 Vermont St Palatine, IL 60067

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    For Lease
    $11 SF/Yr

    Warehouse space with 18.5' clear height and immediate occupancy.

    Property size:
    60,000 SF
    Lot size:
    60,000 SF

    Property Features for 501-515 Vermont St

    General Information

    Size
    60,000 SF

    Source: Margaret Ames Agent Margaret Ames

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Functional Warehouse Space Available

    The property at 505 S Vermont Street, Palatine, offers a functional layout with an 18.5' clear height and a loading dock. The space features new LED lighting and freshly painted walls and ceiling. It is located one mile from the Euclid/Route 53 four-way interchange. The property is available for immediate occupancy. Flexible lease options are available.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Microfilm Enterprises, Ontellus

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.0370673
    Latitude
    42.101023

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    FAQs

    What type of property is this?
    Warehouse - Warehouse space with 18.5' clear height and immediate occupancy.
    Where is this warehouse located?
    The property is located at 501-515 Vermont St Palatine, IL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Immediate occupancy available.; - Benefit from **18.5' clear height**.; - Includes a loading dock.
    (224) 577-7222
    Request Owner's contact information
    501-515 Vermont St Palatine, IL 60067
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501-515 Vermont St Palatine, IL 60067
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