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Palatine Warehouse Near Major Routes
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516 South Hicks Road, Palatine, IL 60067

Warehouse space with convenient access to major transportation routes.

Space SizeContact for details
Days on Market272

Property Features for 516 South Hicks Road

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE | Chicago
Listed By: Tatiana Bermudez
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Aug 20 at 12:59PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

The property at 516 S. Hicks Road in Palatine offers 15,788 square feet of warehouse space. Its location provides convenient access to Route 53, I-90, I-290, I-355, I-390, and O'Hare International Airport, facilitating efficient access to the Northern Cook County consumer base.

Key Highlights

  • Proximity to Route 53, I‑90, I‑290, I‑355, I‑390
  • Convenient access to O'Hare International Airport
  • Quick access to Northern Cook County Consumer base

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Restaurant Storage Facility Auto Parts Store Hotel & Motel Pharmacy Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60067, IL

39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Public Storage 945 Rohlwing Rd, Rolling Meadows, IL 60008
  • Hennessy Group Inc 800 e northwest hwy #1095, palatine, il 60074

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space with convenient access to major transportation routes.
Where is this warehouse located?
The property is located at 516 South Hicks Road Palatine, IL.
What are key features of this property?
This property features: Proximity to Route 53, I‑90, I‑290, I‑355, I‑390; Convenient access to O'Hare International Airport; Quick access to Northern Cook County Consumer base
More about this property
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