Flex Industrial / Warehouse Space For Lease | Palatine, IL 305 N Eric Dr offers flexible industrial and warehouse space for lease in Palatine, Illinois. This property provides 1,200 - 6,000 SF of industrial flex space ideal for contractors, warehouse operators, service companies, and fitness users looking for commercial space in the Northwest Chicago suburbs. Property Highlights: * 1,200 - 6,000 SF industrial / warehouse space available * Drive-in door access for warehouse and contractor operations * Fenced outdoor yard space for vehicle, equipment, or material storage * Ideal for contractor space, warehouse space, service businesses, or fitness facilities * Flexible industrial layout suitable for small and growing businesses Businesses searching for warehouse space for lease in Palatine, industrial space near Schaumburg, or contractor garage space in the Northwest Chicago suburbs will find this location highly functional.
Details
MLS #
12614286
Listing Type
For Lease
Style
Retail/stores
Status
Active
Year
1995
Days On Site
176
Listing Provided By
Leading Edge Realty Advisors | Christopher Demas
Features
Story(s)
1
Interior
Cooling
Central Air
Utilities
Electric
Circuit Breakers, Fuses
Taxes
Tax Year
2024
Tax Annual Amount
78358
Area Information
State
IL
County
Cook
City
Palatine
Zip Code
60067
Area
Palatine
Listing VS Median (in 60067)
Price: $8
low | high
Med: $475,000
100% of Average
On site: 176
low | high
Med: 36
100% of Average
Sourced by Back At You
Market Activity 60067
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 16
Avg $ Per SqFt: $252.92
Min Sale Price: $149,000
Max Sale Price: $1,100,000
Med Sale Price: $394,950
Date: Jul 2026
Sales: 46
Avg $ Per SqFt: $252.16
Min Sale Price: $160,000
Max Sale Price: $1,325,000
Med Sale Price: $442,500
Date: Jun 2026
Sales: 54
Avg $ Per SqFt: $264.2
Min Sale Price: $120,000
Max Sale Price: $1,411,000
Med Sale Price: $450,000
Date: May 2026
Sales: 53
Avg $ Per SqFt: $262.93
Min Sale Price: $138,000
Max Sale Price: $1,325,000
Med Sale Price: $470,000
Date: Apr 2026
Sales: 61
Avg $ Per SqFt: $295.25
Min Sale Price: $105,000
Max Sale Price: $3,385,000
Med Sale Price: $452,000
Date: Mar 2026
Sales: 45
Avg $ Per SqFt: $235.17
Min Sale Price: $42,000
Max Sale Price: $2,542,500
Med Sale Price: $377,000
Date: Feb 2026
Sales: 31
Avg $ Per SqFt: $249.2
Min Sale Price: $150,000
Max Sale Price: $1,250,000
Med Sale Price: $475,000
Date: Jan 2026
Sales: 23
Avg $ Per SqFt: $207.9
Min Sale Price: $60,000
Max Sale Price: $1,289,000
Med Sale Price: $438,000
Date: Dec 2025
Sales: 21
Avg $ Per SqFt: $252.32
Min Sale Price: $207,000
Max Sale Price: $900,000
Med Sale Price: $365,000
Date: Nov 2025
Sales: 32
Avg $ Per SqFt: $243.32
Min Sale Price: $204,000
Max Sale Price: $1,200,000
Med Sale Price: $385,500
Date: Oct 2025
Sales: 39
Avg $ Per SqFt: $237.6
Min Sale Price: $149,900
Max Sale Price: $1,175,000
Med Sale Price: $426,000
Sourced by Back At You
Aug 2026
Sales:
16
Avg $ Per SqFt:
$252.92
Min Sale Price:
$149,000
Max Sale Price:
$1,100,000
Med Sale Price:
$394,950
Jul 2026
Sales:
46
Avg $ Per SqFt:
$252.16
Min Sale Price:
$160,000
Max Sale Price:
$1,325,000
Med Sale Price:
$442,500
Jun 2026
Sales:
54
Avg $ Per SqFt:
$264.2
Min Sale Price:
$120,000
Max Sale Price:
$1,411,000
Med Sale Price:
$450,000
May 2026
Sales:
53
Avg $ Per SqFt:
$262.93
Min Sale Price:
$138,000
Max Sale Price:
$1,325,000
Med Sale Price:
$470,000
Apr 2026
Sales:
61
Avg $ Per SqFt:
$295.25
Min Sale Price:
$105,000
Max Sale Price:
$3,385,000
Med Sale Price:
$452,000
Mar 2026
Sales:
45
Avg $ Per SqFt:
$235.17
Min Sale Price:
$42,000
Max Sale Price:
$2,542,500
Med Sale Price:
$377,000
Feb 2026
Sales:
31
Avg $ Per SqFt:
$249.2
Min Sale Price:
$150,000
Max Sale Price:
$1,250,000
Med Sale Price:
$475,000
Jan 2026
Sales:
23
Avg $ Per SqFt:
$207.9
Min Sale Price:
$60,000
Max Sale Price:
$1,289,000
Med Sale Price:
$438,000
Dec 2025
Sales:
21
Avg $ Per SqFt:
$252.32
Min Sale Price:
$207,000
Max Sale Price:
$900,000
Med Sale Price:
$365,000
Nov 2025
Sales:
32
Avg $ Per SqFt:
$243.32
Min Sale Price:
$204,000
Max Sale Price:
$1,200,000
Med Sale Price:
$385,500
Oct 2025
Sales:
39
Avg $ Per SqFt:
$237.6
Min Sale Price:
$149,900
Max Sale Price:
$1,175,000
Med Sale Price:
$426,000
MLS Number: 12614286
Christopher Demas – (847) 868-5745 – cdemas@leradvisors.com
Leading Edge Realty Advisors – (847) 868-5745
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MLS Number: 12614286
Christopher Demas – (847) 868-5745 – cdemas@leradvisors.com
