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O'Hare Submarket Industrial Facility
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1507-1601 Estes Ave, Elk Grove Village, IL 60007

Class A industrial facility with high-volume logistics potential.

Space Size37,728 SF
Days on Market546

Property Features for 1507-1601 Estes Ave

General Information

Standard status Active
Size 37,728 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 1507-1601 Estes Ave
1601 Estes Ave AVAILABLE, Now
Floor 1
Size 37,728 SF
Type INDUSTRIAL
Rate Contact for pricing
Sublease No
- Class A industrial facility in dynamic O'Hare submarket - Immediate access to Busse Rd, quick access to I-90, IL 390, and O'Hare north cargo entrance Truck Court
Contact us
Listing Agency: CBRE | Chicago
Listed By: Kevin Segerson
Source: Moodyscre
Added: Apr 8, 2025 Changed: Sep 9 Last Checked: Oct 4 at 12:56PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This Class A industrial facility is situated in the O'Hare submarket. The property features immediate access to Busse Road and quick access to I-90, IL-390, and the North Cargo Entrance at O'Hare Airport. A 130' truck court is designed to accommodate high-volume logistics operations. The property offers potential for outdoor storage or heavy car parking for employee-intensive requirements. The building is equipped with an ESFR sprinkler system. The property has a size of 37728 square feet.

Key Highlights

  • Class A industrial facility in the dynamic O'Hare submarket
  • Immediate access to Busse Road and quick access to I‑90, IL‑390, and O'Hare Airport's North Cargo Entrance
  • 130' truck court ideal for high‑volume logistics

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Dental Office Garden Center Locksmith (Bike/Boat/Book/etc) Store Spa & Massage Center Nail Salon

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

Location Intelligence

Trade Area within ½ mile

1,034
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

$12.13 /SF/Yr
Avg Asking Price
$8–$16 /SF/Yr
Price Range
43,289 SF
Avg Space Size

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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Similar Off Market Nearby

  • Commercial Record Center Inc — 1500 Arthur Ave a, Elk Grove Village, IL 60007
  • American Van Lines, Inc. — 1500 Arthur Ave #C, Elk Grove Village, IL 60007
  • Hollander International Storage & Moving — 1801 Pratt Blvd, Elk Grove Village, IL 60007
  • Hollander International Storage & Moving — 1751 Pratt Blvd, Elk Grove Village, IL 60007
  • Go Mini's of Chicago Lake Cook — 1865 pratt blvd, elk grove village, il 60007

Frequently Asked Questions

What type of property is this?
Warehouse - Class A industrial facility with high-volume logistics potential.
Where is this warehouse located?
The property is located at 1507-1601 Estes Ave Elk Grove Village, IL.
What are key features of this property?
This property features: Class A industrial facility in the dynamic O'Hare submarket; Immediate access to Busse Road and quick access to I‑90, IL‑390, and O'Hare Airport's North Cargo Entrance; 130' truck court ideal for high‑volume logistics
(847) 890-0614 Call to check price and availability
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