Occupy 4,200 SF now, collect rent on 7,200 SF, take… — Sale in Elk Grove Village, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Elk Grove Village, IL 60007
Photos
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.
Market Context
This industrial in Elk Grove Village, IL is listed for sale. Compare it against other industrial listings for sale in Elk Grove Village, IL — view the full market.
As of Q2 2026, the Chicago industrial market showed a 5.3% vacancy rate, and rents up 7.4% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- Is the Chicago industrial market tightening or softening?
- Vacancy is around 5.3%, with asking rents rising year over year (Q2 2026).
Estimated Price per SF
$36.69/SF – $266.83/SF
Mid: $111.18/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Jason Bitton · jasonbitton@remax.net
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