Palatine, IL Warehouse and Industrial Space

Search industrial and warehouse property for lease and view the Market Overview section below for local stats and insight.

15 Listings

1 of 4

2 of 4

3 of 4

4 of 4
$12.25/SF/YR
Palatine Commerce Center
501-515 Vermont St, Palatine, IL
Space Type
Industrial
1 space

7,291 SF
1 of 10

2 of 10

3 of 10

4 of 10

5 of 10

6 of 10

7 of 10

8 of 10

9 of 10

10 of 10
$17.50/SF/YR
Courtyard Centre
271 - 285 E. Helen Rd., Palatine, IL
Space Type
Industrial
2 spaces

4,314 - 5,192 SF
1 of 1
$12.00/SF/YR
641-655 South Vermont Street
641-655 South Vermont Street, Palatine, IL
Space Type
Industrial
1 space

8,000 SF
$12.00/SF/YR
707-717 South Vermont Street
707-717 South Vermont Street, Palatine, IL
Space Type
Industrial
2 spaces

8,000 - 8,120 SF
Price on request
250 S Hicks Rd
250 S Hicks Rd, Palatine, IL
Space Type
Industrial
1 space

67,492 SF
$16.00/SF/YR
318-320 W. Colfax St.
318-320 W. Colfax St., Palatine, IL
Space Type
Industrial
1 space

5,000 SF
Price on request
560 S Hicks Rd
560 S Hicks Rd, Palatine, IL
Space Type
Industrial
1 space

30,000 SF
See 8 listing(s) nearby (within 10 miles)
Price on request
65,674 SF Available for Lease or Sale in Rolling Meadows
1125 Carnegie St, Rolling Meadows, IL
Space Type
Industrial
1 space

65,674 SF
1 of 1
$8.00 - $13.25/SF/YR
1500 Hicks Rd
1500 Hicks Rd, Rolling Meadows, IL
Space Type
Industrial
2 spaces

2,700 - 10,721 SF
$541.67/MO
3620 Edison Pl
3620 Edison Pl, Rolling Meadows, IL
Space Type
Industrial
1 space

5,000 SF
Price on request
Office / Flex Space Available for Lease at West Meadow Business Park in Rolling Meadows
1675-1785 Winnetka Circle, Rolling Meadows, IL
Space Type
Industrial
1 space

9,332 SF
1 of 1
$18.58/SF/YR
3550 Salt Creek Lane, Suite 110
3550 Salt Creek Lane, Suite 110, Arlington Heights, IL
Space Type
Industrial
1 space

2,320 SF
1 of 4

2 of 4

3 of 4

4 of 4
$14.50/SF/YR
Premium Schaumburg Flex Space
2330 N. Hammond Drive, Schaumburg, IL
Space Type
Industrial
1 space

5,980 SF
Price on request
148,143 SF Available for Lease in Arlington Heights
3625 N Wilke Rd, Arlington Heights, IL
Space Type
Industrial
1 space

148,150 SF
1 of 1
Price on request
9,656 SF Available for Lease in Arlington Heights
3196 N Kennicott Ave, Arlington Heights, IL
Space Type
Industrial
1 space

9,656 SF

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Understanding Warehouse and Industrial Listing Rents in Palatine, IL

In Palatine, the average asking rent for industrial space can vary significantly due to various factors, such as location, property size, and quality rating.

For example, properties that are located close to high-capacity transport routes or cargo ports are always in high demand, which generally means higher rents. Similarly, larger warehouse or other industrial facility types can incur higher utilities and maintenance costs, which will ultimately be reflected in higher rents.

Class A or higher means tenants get some of the best quality industrial real estate available on the market and it tends to command the highest rents. It might be newly constructed property, or older industrial buildings that have been improved to meet or exceed modern standards.

Meanwhile, Class B and Class C industrial buildings are generally older real estate that lacks some of the most modern amenities. Rents for Class B and Class C properties tend to be lower than the A tier, but due to age might incur higher upkeep and maintenance costs, which can offset the rent savings.

Breakdown of Industrial Buildings in Palatine, IL by Year Built

1950 - 2000 15
After 2000 5

The data was provided by Yardi Research Data and refers to industrial properties larger than 25,000 square feet.

Breakdown of Industrial Space in Palatine, IL by Year Built

1950 - 2000 1,131,017 Sq.Ft.
After 2000 1,000,363 Sq.Ft.

Breakdown of Palatine, IL Industrial Space Rents by Building Class

Property Class Min. Rental Rate Max. Rental Rate

Class B Industrial Properties $12 $12

When weighing the cost-to-quality ratio, consider that several of these factors can work together to balance or offset each other in terms of the final cost to your budget. You can easily reach out to the property listing broker using the contact form available for each listing, to find out more about what each property has to offer.

The Palatine, IL Industrial Real Estate Market at a Glance

Industrial real estate in Palatine includes a variety of property types, which can suit businesses of different sizes that operate in various industries. The most common types of industrial property anywhere serve either logistics or manufacturing activities and each of them can offer sub-varieties that offer facilities specialized for particular types of handling or storage.

In Palatine, the most common industrial property type on the leasing market is Warehouse/Distribution. Currently, you can find 3 such listing(s) in Palatine. Listing sizes for this property type start at 7,291 square feet.

The local market is also home to 2 Flex - Industrial listing(s), offering spaces starting at 4,314 square feet.

You will also find Manufacturing space here — 1 listing(s). Listing sizes in this category start at 67,492 square feet.

Breakdown of Palatine, IL Industrial Space for Rent by Use Type

Use Type No. of Listings Total Sq.Ft.

Warehouse/Distribution 3 190,978

Flex - Industrial 2 9,506

Manufacturing 1 67,492

Finding Industrial and Warehouse Space to Lease Near Me

Trying to find the best industrial space near you for your business needs? PropertyShark is a great platform to find available industrial spaces in your area and makes finding the right home for your company easy. You can quickly filter your search by space or property size, price, or location with the search menu at the top of the page. Additionally, you can use the interactive map search modes to explore the best locations for industrial space in each market of interest. What’s more, you can conveniently reach out to listing brokers for more information about any of the properties that caught your eye, as well as the particularities of their surroundings.