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    951 Lunt Ave Elk Grove Village, IL 60007

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    For Sale
    Contact for pricing

    Open warehouse layout near major transportation routes and O’Hare Airport.

    Property size:
    74,975 SF
    Lot size:
    2.80 Acres

    Property Features for 951 Lunt Ave

    General Information

    Size
    74,975 SF
    Lot size
    2.80 Acres

    Source: CBRE | Chicago Agent Matt Mulvihill

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

    Overview

    Elk Grove Village Warehouse Space

    This property features an efficient, open warehouse layout situated in a business park setting. It offers quick access to I-90, I-294, and I-355, and is in close proximity to O’Hare International Airport. The location benefits from low, stable taxes with a new 6B incentive. It is also located minutes from the Bensenville Intermodal. The property has a strong surrounding labor pool and the ability to add rail service. There is additional land to the east available for future development. The upgraded wet sprinkler system can store up to 20 feet of Class IV commodity. The property is professionally owned and managed. The property size is 74975 square feet.
    Location Intelligence

    Current Use by Public Records

    Loyola Paper Co Paper Distributor

    Suggested Use

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

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

    Similar Places Nearby

    Go Mini's of Chicago Lake Cook, Commercial Record Center Inc, Hollander International Storage & Moving, Hollander International Storage & Moving, American Van Lines, Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.9734246
    Latitude
    42.0014308

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    FAQs

    What type of property is this?
    Warehouse - Open warehouse layout near major transportation routes and O’Hare Airport.
    Where is this warehouse located?
    The property is located at 951 Lunt Ave Elk Grove Village, IL.
    What are key features of this property?
    This property features: - Quick access to I-90, I-294, I-355; - Low, stable taxes with new 6B; - Ability to add rail service
    (847) 706-4964
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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
    951 Lunt Ave Elk Grove Village, IL 60007
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