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    1427 Tonne Rd Elk Grove Village, IL 60007

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    For Lease
    $14 SF/Yr ($2,712 /Mo)

    Recently renovated warehouse with office space available for lease.

    Property size:
    2,325 SF
    Lot size:
    2.53 Acres

    Property Features for 1427 Tonne Rd

    General Information

    Size
    2,325 SF
    Lot size
    2.53 Acres

    Source: SVN | Chicago Industrial Agent Margaret Ames

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

    Overview

    Elk Grove Village Warehouse Space

    This industrial property, suitable for warehouse use, features recently painted warehouse walls and new LED lighting. The property includes renovated office areas, consisting of two private offices. A slop sink is installed. The electrical distribution throughout the property is noted as good. The property offers a total area of 2325 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DVA Metal Ltd Metal Fabricator

    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 - Recently renovated warehouse with office space available for lease.
    Where is this warehouse located?
    The property is located at 1427 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: - Renovated office areas; - New LED lighting throughout; - Good electrical distribution
    (224) 577-7222
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    1427 Tonne Rd Elk Grove Village, IL 60007
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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 Tonne Rd Elk Grove Village, IL 60007
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