Illinois / Palatine / 60067 / 245 North Eric Drive

245 North Eric Drive

Q: What is the asking price for 245 North Eric Drive in Palatine?

The asking price for 245 North Eric Drive is $795,000

Q: What is the building size of this Industrial property in Palatine, IL?

The size of the building/unit at 245 North Eric Drive in Palatine is 18,142 square feet.

Q: How much land does the Palatine, IL property at 245 North Eric Drive include?

245 North Eric Drive in Palatine includes 1.320 acres of land.

Q: What kind of Industrial is the propery at 245 North Eric Drive?

The property at 245 North Eric Drive Palatine, IL 60067 is listed as a Flex-Office-Warehouse Industrial property.

Q: What is the population within 1 mile of 245 North Eric Drive?

The population within 1 mile of 245 North Eric Drive Palatine, IL 60067 is 12,335 people.

Q: Who do I contact for questions about 245 North Eric Drive?

You should contact the listing agent, Olivia Czyzynski, for any details regarding this commercial listing.

Palatine, IL 60067

Industrial Investment Sale

Listing ID: 219635

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Building Size: 18,142 SF

Lot Size: 1.320 AC

Land Size: 57,499 SF

Building $/SF: $43.82

Land $/SF: $13.83

Price

$795,000

Description

100% leased industrial investment opportunity! Single story industrial building with 14' ceilings, 200 - 400 amps, 208 volts and 8 drive-in doors. Total of 5 tenants occupying the building. Major updates have been completed including a new roof,
tuckpointing and parking lot. Most o?ces 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.

Attachments & Files

saleofferingmemorandum-97C-91A.pdf

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Naperville History of Industrial Properties for Sale

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Listing Demographics for 245 North Eric Drive Palatine, IL 60067

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		12,335	98,307	232,262
Population Median Age		42	39	39
Population by Age	0-9 Yrs	1466 (11%)	12865 (13%)	30451 (13%)
	10-19 Yrs	1184 (9%)	11499 (11%)	27668 (11%)
	20-29 Yrs	1227 (9%)	10836 (11%)	24040 (10%)
	30-39 Yrs	1727 (14%)	14498 (14%)	33531 (14%)
	40-49 Yrs	1866 (15%)	13623 (13%)	31875 (13%)
	50-59 Yrs	1879 (15%)	14159 (14%)	33387 (14%)
	60-69 Yrs	1498 (12%)	11018 (11%)	27460 (11%)
	70+ Yrs	1488 (12%)	9808 (9%)	23849 (10%)

Median HH Income		$89,931	$89,693	$95,704
Total Household Income	< 24K	585 (10%)	3973 (10%)	8766 (9%)
	25-49K	875 (15%)	6420 (16%)	12779 (14%)
	50-74K	878 (15%)	5985 (15%)	13303 (15%)
	75-99K	780 (13%)	4683 (12%)	11364 (12%)
	100-199K	1723 (30%)	11761 (30%)	27999 (31%)
	200K+	766 (13%)	5439 (14%)	14309 (16%)

Highest Education Level	No Diploma	502	5840	11754
	Diploma or GED	1432	11233	25277
	Some College	1655	12072	26666
	Assoc. Degree	578	4954	11567
	Bachelors Degree	3183	22369	54501
	Higher Degree	2005	13444	34829

Total Housing Units		5,957	40,345	93,313
--Owner-Occupied		4,048	26,859	64,573
--Renter-Occupied		1,559	11,400	23,946
Owner-Occupied Values	< 100K	252	1613	3297
	100-199K	629	4516	9565
	200-299K	1397	6638	14586
	300-399K	952	6116	15068
	400-499K	394	3422	9464
	500K+	424	4554	12594

Total Working Age Population		10,092	77,808	183,766
In Work Force		7,333	56,042	128,846
Not In Work Force		2,759	21,766	54,920
Workforce Employed		7,040	54,153	124,590
Workforce Unemployed		279	1,846	4,178
Civlian Workforce		7,319	55,999	128,768
Military Workforce		14	43	78

Total Households		5,608	38,259	88,519
Family Households		3,035	25,489	61,242
Non-Family Households		2,573	12,770	27,277
Married Couple		2,542	20,619	51,234
Other Family		493	4,870	10,008
Married w/Child		945	8,746	22,119
Single Male w/Child		48	526	1,122
Single Female w/Child		221	1,870	3,605

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243
Lake County	644,356	+9	703,462	+17	820,250	+6	873,024

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 245 North Eric Drive in Palatine?

The asking price for 245 North Eric Drive is $795,000

What is the building size of this Industrial property in Palatine, IL?

The size of the building/unit at 245 North Eric Drive in Palatine is 18,142 square feet

How much land does the Palatine, IL property at 245 North Eric Drive include?

245 North Eric Drive in Palatine includes 1.320 acres of land

What kind of Industrial is the propery at 245 North Eric Drive?

The property at 245 North Eric Drive Palatine, IL 60067 is listed as a Flex-Office-Warehouse Industrial property

What is the population within 1 mile of 245 North Eric Drive in Palatine?

The population within 1 mile of 245 North Eric Drive Palatine, IL 60067 is 12,335 people.

Who do I contact for questions about 245 North Eric Drive?

You should contact the listing agent, Olivia Czyzynski, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Chicago O'Hare International Airport (ORD)	12
Chicago Midway International Airport (MDW)	27
Chicago Rockford International Airport (RFD)	54