Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    515 Busse Rd Elk Grove Village, IL 60007

    For Lease
    Contact for pricing

    40,080 SF industrial property near O’Hare and major highways.

    Property size:
    40,080 SF
    Lot size:
    24.42 Acres

    Property Features for 515 Busse Rd

    General Information

    Size
    40,080 SF
    Lot size
    24.42 Acres

    Source: NAI Hiffman | Oakbrook Terrace Agent Terry Herlihy

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

    Overview

    Elk Grove Village Industrial Space

    This industrial property in Elk Grove Village offers 40,080 square feet of space. The property includes 7,000 square feet of office area that can be downsized. It features two interior docks and one drive-in door. Power is supplied by 1800A @ 480V. The property benefits from institutional ownership and on-site management. Its location provides convenient access to restaurants, retailers, O’Hare International Airport, and major highways.
    Insight Report Location Intelligence

    Current Use by Public Records

    Closet Factory Cabinet Maker Transor Filter USA Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair 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
    -87.9586652
    Latitude
    42.0186195

    Nearby Similar for Lease

    • $20 SF/Yr

      Updated Office Space in Elk Grove

      Renovated office suite in a thriving commercial area.
      1080 Nerge Rd, Elk Grove Village, IL 60007
      View Details
    • $11 SF/Yr

      Elk Grove Village Flex Facility

      Meticulously maintained flex space near O'Hare International Airport.
      1425 Louis Ave, Elk Grove Village, IL 60007
      View Details
    • Contact for pricing
      33,000 SF

      Elk Grove Industrial Leasing Opportunity

      33,000 SF industrial space with modern facilities and customization potential.
      1370 Lively Blvd, Elk Grove Village, IL 60007
      View Details
    • $192 SF/Yr
      1,850 SF

      Elk Grove Village Office Space

      1850 sq ft Office, Prime Location
      1116 Devon Ave, Elk Grove Village, IL 60007
      View Details
    • Contact for pricing
      230,766 SF

      Freestanding Facility Near O'Hare Airport

      230,766 SF facility with heavy power and rail potential.
      2400 Arthur Ave, Elk Grove Village, IL 60007
      View Details
    • Contact for pricing
      124,411 SF

      Elk Grove Village Warehouse Space

      124,411 SF warehouse space ideal for manufacturing/distribution/assembly.
      150 NW Point Blvd, Elk Grove Village, IL 60007
      View Details

    FAQs

    What type of property is this?
    Warehouse - 40,080 SF industrial property near O’Hare and major highways.
    Where is this warehouse located?
    The property is located at 515 Busse Rd Elk Grove Village, IL.
    What are key features of this property?
    This property features: - Prime location near restaurants, retailers, O’Hare, and major highways.; - 7,000 SF office area (can be downsized).; - Features 2 interior docks and 1 drive-in door.
    (630) 932-1234
    Request Owner's contact information
    515 Busse Rd Elk Grove Village, IL 60007
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    515 Busse Rd
    Elk Grove Village, IL 60007
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    515 Busse Rd Elk Grove Village, IL 60007
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.