Freestanding Flex
1275 Brummel Ave, Elk Grove Village, IL 60007
For Sale
Contact for pricing
Freestanding industrial space combines dedicated offices, dock access, heavy power, and on-site car parking.
Property Size10,000 SF
Price / SF$1.00
Days on Market101
Property Features for 1275 Brummel Ave
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Clear Height
Office Build-Out
Dock-High Doors
Heavy Power
Building Details
Buildings
Building Size
Listing Agency:
Chicago - Rosemont
Listed By:
John D'Orazio
(847) 384-2823
Source:
Colliers
Added: Aug 1
Changed: Nov 5
Last Checked: Nov 6 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicago - Rosemont
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Investment Insights
Based on property information with market context.
This freestanding flex property offers 10,000 SF of space, including 3,000 SF configured as office area. The building provides 14' clear height, one interior dock equipped with a leveler, heavy power, and ample car parking. Its combination of warehouse functionality and office space supports a range of commercial operations within a single building.
Located at 1275 Brummel Ave in Elk Grove Village, IL 60007, the property is available for lease or sale. The dedicated dock, clear height, power service, and office component provide a practical configuration for users requiring both industrial and administrative areas.
Located at 1275 Brummel Ave in Elk Grove Village, IL 60007, the property is available for lease or sale. The dedicated dock, clear height, power service, and office component provide a practical configuration for users requiring both industrial and administrative areas.
Key Highlights
- 10,000 SF freestanding flex building
- 3,000 SF of office space within the building
- 14' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,047
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,940
$860.9K
Cap Rate 7%
$614,957
$615.0K
Cap Rate 9%
$478,300
$478.3K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$64.8K $6.48/SF
− Vacancy
−$3.3K −$0.33/SF
EGI
$61.5K $6.15/SF
− OpEx
−$18.4K −$1.84/SF
NOI
$43.0K $4.30/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,940
Cap Rate 7%
$614,957
Cap Rate 9%
$478,300
Alternative Uses
Best Use
Office B
$2.04M
$1.78M – $2.38M
NOI $142,560 @ 7.0% cap · market cap 1,425.60%
Second Best
Flex RnD
$1.50M
$1.32M – $1.76M
NOI $105,300 @ 7.0% cap · market cap 1,053.00%
Theoretical Best
Office A
$3.84M
$3.36M – $4.48M
NOI $268,800 @ 7.0% cap · market cap 2,688.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
14 ft
Clear height
1
Dock-high doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60007, IL
33,670
Population
13,580
Households
2.5
Avg Household Size
45
Median Age
41%
College-Educated
92%
High-School Grad
18.1 sq mi
ZIP Area
1,860
Density / Sq Mi
$95,240
Median Household Income
$54,762
Median Earnings
$1,574
Median Rent
$334,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Cook County, IL
Properties on Market for Flex space in Cook County
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Pierogi Rig — 410 Bonnie Ln, Elk Grove Village, IL 60007
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding industrial space combines dedicated offices, dock access, heavy power, and on-site car parking.
Where is this flex space located?
The property is located at 1275 Brummel Ave Elk Grove Village, IL.
What are key features of this property?
This property features: 10,000 SF freestanding flex building; 3,000 SF of office space within the building; 14' clear height
