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Freestanding Flex Building with Dual Loading
For Lease
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450 Bennett Road, Elk Grove Village, IL 60007

Commercial Lease, Elk Grove Village, IL

Space Size5,000 SF
Lot Size0.34 Acres
Days on Market70

Property Features for 450 Bennett Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning INDUS
Directions Arlington Heights Rd to Bennett Rd, west to property. Property located at 450 Bennett Rd in Elk Grove Village, just south of Higgins Rd and minutes from I-90 and O'Hare
Subdivision Elk Grove Village
Standard status Active
Lot size 0.34 Acres

Taxes and HOA fees

Tax Annual Amount 24262

Utilities

Cooling system Central Air

Building Details

Year built 1980
Floors in Building 1
Number of units 1
Building materials Brick
Listing Agency: Chicago Real Estate Resources
Listed By: Timothy Keenan · License #475136867
Added: Jul 6 Changed: Aug 19 Last Checked: Sep 13 at 8:06PM
MLS# 12696591

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding flex building combines office, warehouse, light-assembly, and distribution functionality within a single facility. Approximately 1,500 SF is configured for office use, including a reception area, private office, conference room, and bullpen space. The building also provides an interior dock and a drive-in door, supporting varied loading requirements. Central air and brick construction are in place, and the property was built in 1980.

Located at 450 Bennett Road in Elk Grove Village, the property sits within the O'Hare industrial submarket. The 0.34-acre site includes 12 parking spaces and is zoned INDUS. Its combination of office improvements, operational space, and two loading options supports tenants seeking a freestanding flex configuration.

Key Highlights

  • Approximately 1,500 SF of existing office improvements
  • Interior dock plus drive‑in door provide two loading options
  • 12 on‑site parking spaces

Property Analytics

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Current Use

Spectrum Fire Systems Electrical Service

Suggested Use

Top Pick Hair Salon Pharmacy Nail Salon Spa & Massage Center Real Estate Agency Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors
1
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60007, IL

33,670
Population
13,580
Households
2.5
Avg Household Size
45
Median Age
41%
College-Educated
92%
High-School Grad
18.1 sq mi
ZIP Area
1,860
Density / Sq Mi
$95,240
Median Household Income
$54,762
Median Earnings
$1,574
Median Rent
$334,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Elk Grove Village, IL

$13.74 /SF/Yr
Avg Asking Price
$11.95–$19 /SF/Yr
Price Range
23,506 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

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  • Elegante Cuisine Inc 2616 S Clearbrook Dr, Arlington Heights, IL 60005
  • Corky's Catering 2616 S Clearbrook Dr, Arlington Heights, IL 60005

Frequently Asked Questions

What type of property is this?
Flex space - Brick facility combines improved offices with warehouse and light-assembly space.
Where is this flex space located?
The property is located at 450 Bennett Road Elk Grove Village, IL.
What are key features of this property?
This property features: Approximately 1,500 SF of existing office improvements; Interior dock plus drive‑in door provide two loading options; 12 on‑site parking spaces
More about this property
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