- For Sale $1,300,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 11,400 SF
- Lot Size 0.66 Acre
- Property Tenancy Multi-Tenant
- Date Updated Oct 6, 2026
- HVAC None
Description
135 Martin Lane is an approximately 11,400 SF one-story brick industrial building on 0.66 acre in Elk Grove Village, offered at $1,300,000 — $114 per square foot. The building is divided into two units with separate entrances. Unit B (131 Martin Lane), approximately 4,200 SF with the semi-truck dock, is vacant and available at closing. Unit A (135 Martin Lane), approximately 7,200 SF, is leased to Tri-State Hydraulics, an Elk Grove Village hydraulic repair company in business since 1973, through June 30, 2027 at $4,350 per month with no renewal options.
At this size an owner-user is usually choosing between a multi-tenant condo bay with no yard and a freestanding building that is all or nothing on day one. This is the middle: move into 4,200 SF with a semi-truck dock now, let the tenant next door help carry the building for the next year, and take the whole 11,400 SF when the lease ends — or keep both units leased. One block off Higgins Road, 1.1 miles from I-90 at Arlington Heights Road, inside the largest industrial park in North America.
False
Contacts
REMAX Suburban
Location
REMAX Suburban