Property profile

503 Vermont St Palatine, IL 60067

OFF-MARKET
Warehouses
60,000 SF Built 1980
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Property summary

AI-generated overview

This exceptional 7,300 square foot warehouse space is available for lease in Palatine, Illinois. Located at 503 S Vermont St, zip code 60067, this unit is part of a larger, well-maintained nine-unit industrial building totaling 60,000 square feet. Built in 1980, the building is zoned M and situated in Cook County. The property offers convenient access with one drive-in door. The building provides ample parking with six spaces available for tenants. This multi-tenant property presents a fantastic opportunity for businesses seeking efficient and functional warehouse space in a prime Palatine location. The space is ideal for distribution and warehouse operations, offering a versatile layout adaptable to various business needs. The property's strategic location within Cook County ensures easy access to major transportation routes, facilitating seamless logistics and distribution. This is a rare opportunity to secure a well-located, functional warehouse space in a thriving industrial area. Inquire today to learn more about this exceptional leasing opportunity.

Property profile

Verified
Property type Warehouses
Year built 1980
Total area 60,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

503 Vermont St Palatine, IL 60067
Palatine metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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