The property
Executive summary
135 Martin Lane is an approximately 11,400 SF one-story brick industrial building on 0.66 acre (28,750 SF) in Elk Grove Village, offered at $1,300,000. 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 established in 1973, through June 30, 2027 at $4,350 per month with no renewal options. A buyer can occupy 4,200 SF now and take the whole building in July 2027, occupy Unit B and keep the Unit A tenant, or lease both units. Unit B has a warehouse of approximately 34' x 88' with a 10' drive-in door at the rear, a semi-truck loading dock at the front, overhead warehouse heaters, a front office, a private office with a window into the warehouse, and two restrooms. Its service section carries three-phase power: two 200-amp three-phase panels and a 100-amp three-phase tap, per the panel labels. Unit A has…