150 Elizabeth Dr, Arlington Heights, IL 60005
Seven-unit industrial property with easy access to major transportation routes.
- Added:
- Nov 25, 2025
- Days on Market:
- 212
- Last Refresh:
- May 19 at 9:58 pm
Property Features for 150 Elizabeth Dr
General Information
- Standard status
- Active
- Size
- 14,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1973
Listing office (847) 758-9200
Listing date Nov 25, 2025
Source Browncommercialgroup
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Mason Hezner
HighLights
- Easy access to major transportation routes (Rt. 72, Rt. 83, I‑90).
- Established industrial park location.
- 7‑unit industrial property.
- Industrial property for sale.
- Year Built: 1973
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.0k | $9.00 |
| − Vacancy | −$6.3k | −$0.45 |
| EGI | $119.7k | $8.55 |
| − OpEx | −$35.9k | −$2.56 |
| NOI | $83.8k | $5.98 |
Alternative Uses
Current Use by Public Records
Map
- City
- Arlington Heights
- County
- Sangamon
- State
- Illinois
- Longitude
- -87.9897
- Latitude
- 42.0678
