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Industrial Land with Secured Outside Storage
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1505 Pratt Blvd, Elk Grove Village, IL 60007

Secured industrial land designed for fleet maintenance and outside storage with expandable trailer, tractor, and vehicle parking.

Property Size6,794 SF
Days on Market1122

Property Features for 1505 Pratt Blvd

General Information

Standard status Active
Size 6,794 SF
Property subtype INDUSTRIAL
Listing Agency: Colliers | Chicago Rosemont
Listed By: John D'Orazio
Source: Moodyscre
Added: Jul 5, 2023 Changed: Jul 30 Last Checked: Jul 30 at 7:11AM

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 Colliers | Chicago Rosemont

Investment Insights

Based on property information with market context.

Industrial land totaling 6,794 SF with 20' clear height and a secured site layout. The site is set up for outside-focused operations and includes 9 trailer parking spaces (expandable), 3 tractor parking spaces (expandable), and 8 vehicle parking spaces (expandable). Outside storage is permitted, supporting uses like fleet maintenance and service operations.

The property has Real Estate Taxes classified as Class 6B in process. This combination of secured yard capacity and outside storage allowances can fit tenants who need room for equipment, vehicles, and day-to-day service work.

Address: 1505 Pratt Blvd, Elk Grove Village, IL 60007.

Key Highlights

  • 6,794 SF industrial land with 20' clear height
  • Secured site with outside storage permitted
  • 9 trailer parking spaces (expandable)

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Catering Service Butcher Gym & Fitness Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

673
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Secured industrial land designed for fleet maintenance and outside storage with expandable trailer, tractor, and vehicle parking.
Where is this industrial land 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 industrial land with 20' clear height; Secured site with outside storage permitted; 9 trailer parking spaces (expandable)
(630) 605-2692 Call to check price and availability
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