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    1340-1370 East Higgins Rd Elk Grove Village, IL 60007

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    For Lease
    Contact for pricing

    New office space available in O'Hare market area.

    Property size:
    61,515 SF
    Lot size:
    61,515 SF

    Property Features for 1340-1370 East Higgins Rd

    General Information

    Size
    61,515 SF

    Source: Mason Hezner Agent Mason Hezner

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

    Overview

    New Office Space For Lease

    This property offers 3,988 square feet of newly built-out office space available for lease. The space can be divided into two units, one of 2,601 square feet and another of 1,386 square feet. The building is equipped with a sprinkler system and provides ample parking. Situated in the convenient O'Hare market area, the location provides easy access to major transportation routes including Route 72, Route 83, I-290, and I-90.
    Location Intelligence

    Current Use by Public Records

    Office space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.965383
    Latitude
    42.02564

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    FAQs

    What type of property is this?
    Office space - New office space available in O'Hare market area.
    Where is this office space located?
    The property is located at 1340-1370 East Higgins Rd Elk Grove Village, IL.
    What are key features of this property?
    This property features: - Convenient O'Hare market area location with easy access to major transportation routes.; - New build-out office space offering 3,988 SF.; - Divisible into two units (2,601 and 1,386 SF).
    (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
    1340-1370 East Higgins Rd Elk Grove Village, IL 60007
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