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250 S Hicks Rd 60,160 SF 100% Leased Industrial Building Palatine, IL 60067 For Sale
Investment Highlights
- Masonry construction with ±60,160 SF of industrial space on 3.77 acres.
- Heavy power capacity of 1,200 amps suitable for advanced manufacturing.
- Close proximity to Metra stations serving Arlington Heights and Palatine.
- Five loading docks and three drive-in doors for efficient logistics.
- Convenient access to Route 53, I-355, and I-290 within ¼ mile.
- Ample parking with 75 spaces and cross-dock loading capability.
Executive Summary
Strategically located just a quarter mile from full interchange access to Route 53, I-355, and I-290, the site offers excellent regional connectivity for freight and workforce mobility. Its proximity to Metra stops serving Arlington Heights and Palatine enhances commuter convenience. This asset represents a strong opportunity for owner-users or investors seeking a well-positioned industrial facility in a thriving suburban market with robust transportation infrastructure.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1950 |
| Property Subtype | Manufacturing | Parking Ratio | 1/1,000 SF |
| Building Class | B | Clear Ceiling Height | 20’ |
| Lot Size | 3.77 AC | No. Dock-High Doors/Loading | 5 |
| Rentable Building Area | 60,160 SF | No. Drive In / Grade-Level Doors | 3 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 3.77 AC |
| Rentable Building Area | 60,160 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 1/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 3 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Available for lease, this stand-alone industrial building provides flexible space for manufacturing and distribution operations. The property offers ±60,160 square feet of functional space with a 1,500 SF mezzanine warehouse office and the option to build out additional office areas to suit tenant needs. The facility includes five loading docks and three drive-in doors, supporting efficient inbound and outbound logistics. Heavy power service and wet sprinkler systems ensure operational reliability and safety. Located on Hicks Road, the property benefits from immediate access to major highways, including Route 53, I-355, and I-290, and is within close proximity to Metra commuter rail stations. Ample parking with 75 spaces and a cross-dock configuration further enhance usability for a range of industrial tenants. This site is ideal for businesses seeking a well-connected, adaptable facility in the northwest suburban Chicago market.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 60,160 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 60,160 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 60,160 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
Available for lease, this stand-alone industrial building provides flexible space for manufacturing and distribution operations. The property offers ±60,160 square feet of functional space with a 1,500 SF mezzanine warehouse office and the option to build out additional office areas to suit tenant needs. The facility includes five loading docks and three drive-in doors, supporting efficient inbound and outbound logistics. Heavy power service and wet sprinkler systems ensure operational reliability and safety. Located on Hicks Road, the property benefits from immediate access to major highways, including Route 53, I-355, and I-290, and is within close proximity to Metra commuter rail stations. Ample parking with 75 spaces and a cross-dock configuration further enhance usability for a range of industrial tenants. This site is ideal for businesses seeking a well-connected, adaptable facility in the northwest suburban Chicago market.
Property Taxes
| Parcel Number | 02-23-114-014-0000 | Improvements Assessment | $888,979 CAD |
| Land Assessment | $434,558 CAD | Total Assessment | $1,323,537 CAD |
Property Taxes
Presented by
250 S Hicks Rd
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