309 Palatine Rd Palatine, IL 60067
- Land
- 1.40 lot acres
Current Use by Public Records
- Land
Property Details for 309 Palatine Rd
- Lot size
- 1.40 lot acres
- Property type
- Land
Description
This exceptional 4.08-acre industrial outdoor storage site presents a unique investment opportunity in Riverside County. Boasting 177,740 square feet of paved, fenced, secured, and lit yard space, the property offers ample room for various industrial uses. The site includes 115 trailer parking stalls, providing convenient and secure storage for large vehicles and equipment. Its strategic location offers excellent freeway access, with proximity to the 215 Freeway (1 mile), CA-60 (0.9 miles), and CA-91 (1.1 miles), ensuring efficient transportation and logistics. The property benefits from a private cul-de-sac access, enhancing security and ease of movement. Further adding to its appeal, this site is located within an Opportunity Zone, potentially offering significant tax advantages for investors. The single-tenant occupancy provides stability and ease of management. This property is ideal for businesses seeking a secure, well-maintained, and strategically located outdoor storage solution. The substantial land area and ample parking capacity make it suitable for a wide range of industrial applications. This is a rare opportunity to acquire a prime industrial land parcel in a high-demand area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palatine
- County
- Cook
- State
- Illinois
- Longitude
- -88.0359
- Latitude
- 42.11
