245-255 N Eric Dr
Palatine, IL 60067
Industrial Investment Sale · Industrial Property For Sale
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1990 |
| Building Class | B | Parking Ratio | 2.2/1,000 SF |
| Lot Size | 1.32 AC | Clear Ceiling Height | 14’ |
| Rentable Building Area | 18,142 SF | No. Drive In / Grade-Level Doors | 8 |
| Zoning | M | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.32 AC |
| Rentable Building Area | 18,142 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 2.2/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | M |
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - County
- Heating - Gas
About 245-255 N ERIC DR , PALATINE, IL 60067
Fully leased industrial investment opportunity! Single story industrial building with 14' ceilings, 200 amps, 208 volts and 8 drive in doors. Total of 5 tenants occupying the building in full. Major updates have been completed including a new roof, tuck pointing and parking lot. Offices in the units have been updated as well. This is an excellent stabilized investment located in the heart of downtown Palatine and its industrial park. Property is located directly on Eric Drive just off Colfax Street, immediately west of Downtown Palatine and the Metra Station (walking distance). This is a well positioned property with easy access to all the major thoroughfares in Palatine, including IL Rts. 68, 14 and 53. Palatine is a suburb approximately 30 miles northwest of Chicago, in Cook County, IL. A 2010 census showed the population at 68,500, making it the 18th largest community in the state of Illinois. The village can easily be accessed via IL-53, a major expressway in the northwest suburbs.The village is also home to a UPS hub and Harper College.
Property Taxes
| Parcel Number | 02-15-432-023-0000 | Improvements Assessment | $191,555 |
| Land Assessment | $146,445 | Total Assessment | $338,000 |
Property Taxes
