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    1505 Pratt Blvd Elk Grove Village, IL 60007

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    For Sale
    Contact for pricing

    6,794 SF warehouse with expandable parking and secured site.

    Property size:
    6,794 SF
    Lot size:
    1.46 Acres

    Property Features for 1505 Pratt Blvd

    General Information

    Size
    6,794 SF
    Lot size
    1.46 Acres

    Source: Colliers | Chicago Rosemont Agent John D'Orazio

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

    Overview

    Elk Grove Village Warehouse Space

    This 6,794 square foot warehouse is situated on a 1.6-acre site. The property features a 20-foot clear height and includes three repair bays. Parking is available with 9 trailer stalls, 3 tractor stalls, and 8 vehicle stalls, all of which are expandable. The site is secured and suitable for outside storage. Real estate taxes are currently class 6B in process. This property is ideal for fleet maintenance, service operations, or outside storage.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Pharmacy

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

    Similar Places Nearby

    Iron Mountain, KCC, Mma Warehouse, SOO Brand Solutions, Cross Docking Warehouse

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.962877
    Latitude
    41.997663

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    FAQs

    What type of property is this?
    Warehouse - 6,794 SF warehouse with expandable parking and secured site.
    Where is this warehouse located?
    The property is located at 1505 Pratt Blvd Elk Grove Village, IL.
    What are key features of this property?
    This property features: - 6,794 SF building on 1.6 acres, ideal for fleet maintenance, service operation, or outside storage.; - Expandable parking: 9 trailer, 3 tractor, and 8 vehicle stalls.; - 20' clear height suitable for various industrial uses.
    (630) 605-2692
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    1505 Pratt Blvd Elk Grove Village, IL 60007
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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
    1505 Pratt Blvd Elk Grove Village, IL 60007
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