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    1440 Louis Ave Elk Grove Village, IL 60007

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    For Sale
    Contact for pricing

    Free-standing industrial building in established O'Hare market area.

    Property size:
    8,625 SF

    Property Features for 1440 Louis Ave

    General Information

    Size
    8,625 SF

    Building Details

    Year built
    1970

    Source: Mason Hezner Agent Mason Hezner

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

    Overview

    O'Hare Area Industrial Building

    This free-standing industrial building is available for sale and is located in the desirable O'Hare market area. The property is situated within an established industrial park, providing convenient access to major transportation routes. Nearby routes include Rt. 72, Rt. 83, I-90, and I-290.
    Insight Report Location Intelligence

    Current Use by Public Records

    Konex Inc Cosmetics Store Wellos Wholesaler

    Suggested Use

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

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

    Similar Places Nearby

    Direct Warehousing, aya logistics, M.J.brickhaus Development,LLC, Mid-West Moving & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.9643565
    Latitude
    42.0148197

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    FAQs

    What type of property is this?
    Warehouse - Free-standing industrial building in established O'Hare market area.
    Where is this warehouse located?
    The property is located at 1440 Louis Ave Elk Grove Village, IL.
    What are key features of this property?
    This property features: - Free-standing industrial building.; - Desirable O'Hare market area location.; - Easy access to major transportation routes (Rt. 72, Rt. 83, I-90, I-290).
    (847) 758-9200
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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
    1440 Louis Ave Elk Grove Village, IL 60007
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