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501-515 Vermont Street

Palatine, IL
Total Size
60,000 sqft
Year Constructed
1980

Current Availabilities

$7.50
/sqft/yr
Nov 08
ago
Industrial
  • Terms: Modified Gross

Functional layout. Painted warehouse walls and floor. Plumbing and floor drains in warehouse area. Mezzanine storage not included in space.

Listing agent for this listing
John Joyce, Newmark Cornish & Carey
$7.25
/sqft/yr
Nov 08
ago
Industrial
  • Terms: Modified Gross

Plumbing in warehouse area.

Listing agent for this listing
John Joyce, Newmark Cornish & Carey

About 501-515 Vermont Street

This 60,000 SF masonry building was built in 1980 and features gas forced air and a 1/2000 parking ratio. Located one mile away from the four-way interchange at Euclid and Route 53.

Internet Providers for 501-515 Vermont Street

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
1 Gb/s
AT&T Illinois DSL
25 Mb/s
1.5 Mb/s
MegaPath Corporation DSL
10 Mb/s
1.5 Mb/s

The City: Palatine

On average, listings lease in the $10's per square foot per year. The Palatine region is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 19% decrease in rent.

Compared to the rest of the Chicagoland market, the Palatine submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Median Rate Median Size
Palatine $20
/sqft/yr
2,650
sqft
Median Rate Median Size
Chicagoland $24
/sqft/yr
2,390
sqft

Median Rate over Time in Palatine