Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    25 NW Point Blvd Elk Grove Village, IL 60007

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr ($4,684 /Mo)

    Office suites available in award-winning building with covered parking.

    Property size:
    4,497 SF
    Lot size:
    6.90 Acres

    Property Features for 25 NW Point Blvd

    General Information

    Size
    4,497 SF
    Lot size
    6.90 Acres

    We can help!

    Listing Contact
    Brent Jacob
    Brent Jacob
    Source: Moodyscre

    Listing Agent: Brent Jacob

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

    Learn more

    Property Insight Report

    Overview

    Elk Grove Village Office Space

    This office building, recognized as the Office Building of the Year by the Building Owners and Managers Association, offers available suites ranging in size from 1,404 to 11,361 square feet. Furnished spec suites are available. The property features building, monument, and elevator lobby signage opportunities. Parking is provided at a ratio of 3.6 per 1,000 square feet via a covered deck. Communication services are provided by Comcast and AT&T, with the potential to add additional providers. The building is supported by dual electrical feeds from two separate substations and includes an interior loading dock. The property contains 4497 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Merkle-Korff Industries Manufacturer DKI Commercial Solutions Construction Company American College of Occupational ... Association / Organization AssuredPartners Insurance Agency Gate 3, LLC Software Company

    Suggested Use

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

    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
    -87.9846529
    Latitude
    42.032383

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Elk Grove

      1,850 SF retail/office space in high-traffic Elk Grove Village.
      1116 W Devon Ave, Elk Grove Village, IL 60007
      View Details
    • New
      Contact for pricing

      Renovated Office Suite in Elk Grove

      Updated office suite in a thriving commercial area for lease.
      1080 Nerge Rd, Elk Grove Village, IL 60007
      View Details
    • Contact for pricing

      Elk Grove Village Flex Space

      Meticulously maintained flex space ideal for industrial and office operations.
      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
    • $19 SF/Yr

      BMO Elk Grove Office Space

      Premium, fully furnished office spaces in a dynamic tech hub.
      450 Higgins Rd, 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
    • Contact for pricing
      42,725 SF

      O'Hare Industrial Warehouse Space

      Elk Grove Village, IL: Multiple warehouse spaces available.
      870-898 Cambridge Dr Elk Grv Vlg, Elk Grove Village, IL 60007
      View Details
    • Contact for pricing
      91,937 SF

      Elk Grove Village Warehouse For Lease

      91,937 SF Industrial Space - Excellent Location
      1400 Morse Ave, Elk Grove Village, IL 60007
      View Details
    • $12 SF/Yr
      45,000 SF

      Elk Grove Village Warehouse Space

      Flexible Warehouse Space, DuPage County
      1201 Mark St, Elk Grove Village, IL 60007
      View Details
    • Contact for pricing
      25,245 SF

      Elk Grove Village Warehouse Space

      25,245 SF warehouse with excellent loading near I-90.
      189 Seegers Ave, Elk Grove Village, IL 60007
      View Details

    FAQs

    What type of property is this?
    Office space - Office suites available in award-winning building with covered parking.
    Where is this office space located?
    The property is located at 25 NW Point Blvd Elk Grove Village, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Office Building of the Year Winner; - Suites ranging from 1,404 SF to 11,361 SF; - Furnished Spec Suites Available
    (847) 698-8444
    Request Owner's contact information
    25 NW Point Blvd 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.
    25 NW Point Blvd
    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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    25 NW Point Blvd 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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brent Jacob
    Brent Jacob
    (847) 698-8444
    Learn more
    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.