514 Hicks Rd, Palatine, IL 60067
This exceptional industrial property, located at 514 S Hicks Road in Cook County, offers a substantial 23,740 square feet of immediately available warehouse space for lease. The building totals 71,100 square feet and includes 5,200 square feet of functional office space. The warehouse boasts an impressive 18-foot clear height, facilitating efficient storage and operations. Loading and unloading are streamlined with two 60-foot interior docks equipped with levelers (measuring 10' x 9'), along with a convenient 14' x 14' drive-in door. The property benefits from a strategic location providing easy access to major transportation arteries, including Route 53, I-355, I-90, I-290, and I-390, as well as O'Hare International Airport. This space is ideal for distribution, storage, or manufacturing operations, offering a functional and well-appointed environment. The lease term is available through September 30, 2030, and the sublease rate is subject to offer. This is a single-tenant occupancy property. Column spacing is 40' x 40'. Don't miss this opportunity to secure prime industrial space in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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