500 S Hicks Rd
Palatine, IL 60067
52,000 SQ FT, 6B Industrial/Manufacturing Bui · Industrial Property For Sale
Property Facts
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Lot Size | 2.37 AC | Clear Ceiling Height | 14’ |
| Rentable Building Area | 52,000 SF | No. Dock-High Doors/Loading | 2 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 3 |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.37 AC |
| Rentable Building Area | 52,000 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Parking Ratio | 1.85/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- Air Conditioning
About 500 S HICKS RD , PALATINE, IL 60067
52,000 SQ FT, 6B Industrial/Manufacturing Building The subject property consists of approximately 2.0 +/- acres, with a free standing building of approximately 52,000 square feet. This single tenant office/warehouse industrial/manufacturing building was constructed in 1960 and remodeled in 2010. The property is occupied by Arlington Rental and Lederlitner Landscaping, Inc. The property also enjoys a month to month tenant for storage of about 9,800 square feet in the southwest corner of the building. The building has five years remaining on a Class 6B assessment classification which provides reduced taxes. This classification was extended and granted in 2009 for an additional ten years from 2010. The current taxes on the property are $48,000 +/-.
Property Taxes
| Parcel Number | 02-23-313-010-0000 | Improvements Assessment | $608,475 |
| Land Assessment | $263,025 | Total Assessment | $871,500 |
Property Taxes
