Freestanding Flex Industrial
For Lease
$15 SF/Yr
1340 Louis Avenue, Elk Grove Village, IL 60007
Versatile facility combines warehouse, office, showroom, loading, and drive-in access with substantial electrical capacity.
Space SizeContact for details
Days on Market20
Property Features for 1340 Louis Avenue
General Information
Standard status
Active
Property subtype
COMMERCIAL
Building Details
Year Built
1973
Listing Agency:
Chicagoland Brokers, Inc.
(773) 745-1000
Listed By:
Michael Sorensen · License #475114997
Source:
Dawnmckennagroup
Added: Jul 31
Changed: Aug 18
Last Checked: Aug 18 at 7:37AM
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 Chicagoland Brokers, Inc.
Investment Insights
Based on property information with market context.
This freestanding flex facility contains 10,000 SF, including approximately 8,000 SF of warehouse area and 2,000 SF of office space. The building measures approximately 80 feet wide by 125 feet long with 18-foot height. Office improvements include three offices, a conference room, and a 22-by-22 showroom, along with separate restrooms serving the office and warehouse areas. A newer roof has 15 years of warranty coverage remaining.
Loading infrastructure includes two interior covered docks sized for semi-truck access and a 10-by-10 drive-in door. The property also provides approximately 15 rear parking spaces, with additional street parking available. Electrical service is 800A, 480V, 3PH. Access connects directly to Busse Road and I-90, while O'Hare Airport is approximately 9 miles or 15 minutes away. Availability begins September 1, 2026.
Loading infrastructure includes two interior covered docks sized for semi-truck access and a 10-by-10 drive-in door. The property also provides approximately 15 rear parking spaces, with additional street parking available. Electrical service is 800A, 480V, 3PH. Access connects directly to Busse Road and I-90, while O'Hare Airport is approximately 9 miles or 15 minutes away. Availability begins September 1, 2026.
Key Highlights
- 10,000 SF freestanding flex facility with 8,000 SF warehouse and 2,000 SF office space
- 80' wide x 125' long x 18' high (MOL) building dimensions
- Two interior semi‑truck height covered loading docks
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in Midwest region
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- Pierogi Rig — 410 Bonnie Ln, Elk Grove Village, IL 60007
Frequently Asked Questions
What type of property is this?
Flex space - Versatile facility combines warehouse, office, showroom, loading, and drive-in access with substantial electrical capacity.
Where is this flex space located?
The property is located at 1340 Louis Avenue Elk Grove Village, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 10,000 SF freestanding flex facility with 8,000 SF warehouse and 2,000 SF office space; 80' wide x 125' long x 18' high (MOL) building dimensions; Two interior semi‑truck height covered loading docks
