Occupy 4,200 SF now, collect rent on 7,200 SF, take it all in 2027

For Sale

135 Martin Lane, Elk Grove Village, IL 60007

This Elk Grove Village property for sale is located at 135 Martin Lane. The current listed sale price for Occupy 4,200 SF now, collect rent on 7,200 SF, take it all in 2027 is $1,300,000. Occupy 4,200 SF now, collect rent on 7,200 SF, take it all in 2027 is situated on a lot that is 0.66 acre in size.

Contacts

Jason Bitton

REMAX Suburban

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 11,400 SF
  • Lot Size 0.66 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Oct 5, 2026
  • HVAC None

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.

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Getting around

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  • 56/100

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Location

  • City Elk Grove Village, IL
  • Zip Code 60007
  • Market Chicago

Points of Interest

  • Mount Prospect

    3.00 miles

  • Arlington Heights

    3.86 miles

  • Des Plaines

    4.45 miles

  • Wood Dale

    4.60 miles

  • Terminal 1

    4.86 miles

  • Arlington Park

    4.92 miles

  • O'Hare Transfer

    5.27 miles

  • Terminal 5

    5.63 miles

  • Rosemont

    6.27 miles

  • Rosemont Blue Line Station

    6.53 miles

  • Citgo

    0.17 miles

  • Shell

    0.72 miles

  • Mobil

    0.75 miles

  • 7-Eleven

    1.39 miles

  • EVgo

    1.65 miles

  • BP

    1.70 miles

  • Jewe-Osco

    1.72 miles

  • ChargePoint

    1.76 miles

  • Tesla Supercharger

    1.85 miles

  • EverCharge

    1.91 miles

  • Fuller's Car Wash

    0.21 miles

  • Budget

    0.56 miles

  • Shell

    0.76 miles

  • Premier Car Wash

    1.38 miles

  • America's Best Carwash

    1.60 miles

  • America's Best Car Wash

    1.61 miles

  • Enterprise

    1.64 miles

  • Fuller's Carwash

    1.66 miles

  • Avis

    1.90 miles

  • Pirgos Trans Inc

    2.44 miles

  • Lou Malnati's Pizzeria

    0.16 miles

  • Rose Garden Cafe

    0.22 miles

  • Dunkin'

    0.31 miles

  • Moretti's Ristorante & Pizza

    0.74 miles

  • Jameson's Charhouse

    0.76 miles

  • Subway

    0.83 miles

  • Culver's

    0.87 miles

  • McDonald's

    0.92 miles

  • Rack House Kitchen & Tavern

    1.04 miles

  • Mitsuwa Food Court

    1.20 miles

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