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    1550 Arthur Ave Elk Grove Village, IL 60007

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    For Lease
    $9 SF/Yr

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

    Property size:
    50,000 SF
    Lot size:
    2.31 Acres

    Property Features for 1550 Arthur Ave

    General Information

    Size
    50,000 SF
    Lot size
    2.31 Acres

    Source: CBRE | Chicago Agent Mike Sedjo

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

    Overview

    Manufacturing Warehouse with Heavy Power

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Allstar Fasteners Fastener Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.9617331
    Latitude
    41.9962331

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      Freestanding Facility Near O'Hare Airport

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    FAQs

    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 Ave Elk Grove Village, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Free-standing building; - Heavy power for manufacturing; - LED lights throughout warehouse
    (847) 706-4913
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    1550 Arthur Ave 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
    1550 Arthur Ave Elk Grove Village, IL 60007
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