Palatine Commerce Center

501-515 Vermont St, Palatine, IL 60067

Property Information

  • For Lease $11.50 - $12.50/SF/YR
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 60,000 SF
  • Units 9
  • Lot Size 2.6 Acre
  • Parking Spaces Avail. 6
  • Year Built 1980
  • Date Updated Jul 1, 2026
  • Office Area 1,200 SF
  • HVAC None

Description

Located one mile away from the Euclid/Route 53 four-way interchange.501-515 S Vermont Street, Palatine presents a functional layout with an 18.5' clear height, 14x10' drive-in doors, and flexible lease options, including immediate occupancy. Owned by a licensed Illinois Commercial Real Estate Broker.

Highlights

  • Available for Occupancy 8/1/26
  • Freshly Painted Walls and Ceiling
  • Functional Layouts
  • New LED Lighting
  • Owned by a licensed Illinois Commercial Real Estate Broker.
  • Units can be combined

3 Spaces Available

503

Space Type

Warehouse/Distribution

Lease Rate

$11.50/SF/YR

Total Space

7,291 SF

Divisible Space

7,291 - 7,291 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Office: +/- 200 SF Loading: 1 (14'x10') Grade-level door

505

Space Type

Warehouse/Distribution

Lease Rate

$11.50/SF/YR

Total Space

7,817 SF

Divisible Space

7,817 - 7,817 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Office: +/- 700 SF Loading: 1 (14'x10') Grade-level door

515B

Space Type

Warehouse/Distribution

Lease Rate

$12.50/SF/YR

Total Space

4,300 SF

Divisible Space

4,300 - 4,300 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Office: +/- 1,000 SF Loading: 1 (14'x10) grade-level door Includes 500 SF of mezzanine office space, not added to the floorplate

Contacts

Location

  • 25/100 Car-Dependent
  • 41/100 Somewhat Bikeable
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