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Manufacturing Warehouse with Heavy Power
For Lease
$9.95 SF/Yr

1550 Arthur Avenue, Elk Grove Village, IL 60007

50,000 SF manufacturing warehouse with heavy power for rent.

Space SizeContact for details
Days on Market312

Property Features for 1550 Arthur Avenue

General Information

Standard status Active
Property subtype Industrial
Listed By: Ben Dickey
Source: Cbre
Added: Nov 24, 2025 Changed: Sep 19 Last Checked: Oct 1 at 8:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben Dickey

Investment Insights

Based on property information with market context.

This 50,000 square foot free-standing building is suitable for manufacturing and warehouse use. The property features heavy power and LED lighting throughout the warehouse. It is located just off Route 83 and minutes from I-90 and I-390. There is potential for a 6B tax abatement.

Key Highlights

  • Free‑standing building
  • Heavy power for manufacturing
  • LED lights throughout warehouse

Property Analytics

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Current Use

Allstar Fasteners Building Supply

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Catering Service Butcher Gym & Fitness Center Cafe & Coffee Shop

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

NNN (Triple Net)
Lease Type
$1.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

652
Businesses Nearby

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

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - 50,000 SF manufacturing warehouse with heavy power for rent.
Where is this manufacturing property located?
The property is located at 1550 Arthur Avenue Elk Grove Village, IL.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: Free‑standing building; Heavy power for manufacturing; LED lights throughout warehouse
More about this property
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