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    1427-1451 Tonne Rd Elk Grove Village, IL 60007

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    For Lease
    $14 SF/Yr ($17,850 /Mo)

    Newly renovated 2,325 SF flex space near major transportation routes.

    Property size:
    15,300 SF
    Lot size:
    15,300 SF

    Property Features for 1427-1451 Tonne Rd

    General Information

    Size
    15,300 SF

    Source: Margaret Ames Agent Margaret Ames

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Flex Space in Elk Grove

    This newly renovated 2,325 SF unit combines two spaces and is located in Elk Grove Village, providing immediate access to major transportation routes and is just minutes from I-90, I-290, and Route 83, offering efficient connectivity to O’Hare International Airport, downtown Chicago, and the surrounding suburbs. The office areas feature new flooring, doors, and bathrooms with modern finishes. The warehouse includes freshly painted walls, 12’ clear height, an 8’x8’ drive-in door, and 200 amp 3-phase power, offering a clean and functional layout for a variety of industrial or flex users. The property features new LED lighting, good electrical distribution throughout, and two private offices. It also includes one slop sink. The property's proximity to key roadways makes it an ideal location for businesses requiring strong regional and interstate access.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Hair Salon Wholesale Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Direct Warehousing, Chicago Office Movers, Mid-West Moving & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.9781268
    Latitude
    42.0046629

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    FAQs

    What type of property is this?
    Warehouse - Newly renovated 2,325 SF flex space near major transportation routes.
    Where is this warehouse located?
    The property is located at 1427-1451 Tonne Rd Elk Grove Village, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Immediate access to I-90, I-290, and Route 83 for efficient connectivity.; - Newly renovated 2,325 SF unit combining office and warehouse space.; - **Warehouse features 12’ clear height and an 8’x8’ drive-in door.**
    (224) 577-7222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1427-1451 Tonne Rd Elk Grove Village, IL 60007
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