514 Hicks Rd Palatine, IL 60067
Property profile & analytics
514 Hicks Rd Palatine, IL 60067
- Industrial properties
- 3.21 lot acres
Property ID
US28-5826424
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 514 Hicks Rd
- Year built
- 1978
- Lot size
- 3.21 lot acres
- Property type
- Industrial properties
- APN
- 02-23-313-037
- APU
- 223313037
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Palatine
- County
- Cook
- State
- Illinois
- Longitude
- -88.035
- Latitude
- 42.1005
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$115,008
$83,830
$317,725
$401,555
-
$335,320
$1,270,900
$1,606,220
