Marcus & Millichap is pleased to present the opportunity to acquire the property located at 11401 Allison Court in Huntley, Illinois, leased to Technicom Services Inc. The subject property consists of approximately 11,052 square feet of industrial condominium space. The asset features a clear height of 20’, one drive-in door, and one interior dock-high door with a leveler. Located one mile from Illinois Route 47, the property has proximity to Interstate 90 that feeds directly into Downtown Chicago. The property is situated on the dividing line between McHenry and Kane Counties, creating two separate parcels/property identification numbers (PIN) and property tax bills. Technicom Services is a longstanding tenant at the property who recently signed a five-year modified gross lease that runs through March 2029 at $10.23 per square foot. With a termination option in the lease, this sale offers buyers an owner-user and investment opportunity.
The subject property sits within the large McHenry County submarket, which contains 35.8 million square feet of industrial space. In the first quarter of 2025, industrial demand recovered with 128,000 square feet of net absorption. With no new deliveries, vacancies fell 40 basis points to 2.5 percent, sitting well under the 7.2 percent national vacancy rate (based on top 50 metros, classes A, B, & C, minimum 10,000 square feet). Despite availability remaining tight, annual rent growth continued to decelerate in Q1, slipping 10 basis points to 3.9 percent and pushing the average market rent to about $9.40 per square foot. With no industrial properties under construction in McHenry County, demand will remain in the driver’s seat for rents and vacancies for the foreseeable future (CoStar).
Known as the Greater Chicagoland area, Chicago-Naperville-Elgin is the third largest metro in the nation. The metro houses 9.3 million people, including 2.7 million residents within the city of Chicago. The number of corporate headquarters in Chicago is second only to New York City and is home to 30 Fortune 500 companies. Thanks to eight commercial and passenger rail lines, the Port of Chicago, three international airports, and a vast network of freeways, Chicago is a major distribution and logistics hub. The local economy and workforce are highly diverse, supported largely by distribution, finance, manufacturing, and high-tech industries. As a multicultural city that thrives on the harmony and diversity of its neighborhoods, Chicago boasts 100 neighborhoods, 77 community areas, 50 wards, and eight major league sports teams, including two MLB teams. Chicago is a leader in reforming public schools, enhancing public safety and security initiatives, providing affordable housing in attractive and economically sound communities, ensuring accessibility for all, and fostering, social, economic, and environmental sustainability (Chicago.gov).
BROKER OF RECORD
STEVEN WEINSTOCK
Illinois Broker of Record
One Mid America Plaza, Suite 200
Oakbrook Terrace, IL 60181
Office (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
License: 471.011175
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2025 Marcus & Millichap. All rights reserved. (Activity ID: ZAG0370188)
