Freestanding Flex Industrial
For Lease
Contact for pricing
1340 Louis Avenue, Elk Grove Village, IL 60007
Commercial Lease, Elk Grove Village, IL
Space Size10,000 SF
Lot Size0.43 Acres
Days on Market21
Property Features for 1340 Louis Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
INDUS
Directions
Busse S of Oakton to Louis Ave W
Subdivision
Elk Grove Village
Standard status
Active
Lot size
0.43 Acres
Utilities
Cooling system
Central Air
Building Details
Year built
1973
Floors in Building
1
Number of units
1
Building materials
Brick
Listing Agency:
Chicagoland Brokers, Inc.
(773) 745-1000
Listed By:
Michael Sorensen · License #475114997
(773) 745-1000
Added: Jul 31
Changed: Aug 19
Last Checked: Aug 20 at 2:06PM
MLS# 12721219
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Available September 1, 2026, this freestanding flex property at 1340 Louis Avenue contains 10,000 SF, including 8,000 SF of warehouse area and 2,000 SF of office space (MOL). The office portion includes 3 offices, a conference room, and a 22x22 showroom, with separate restrooms serving the office and warehouse areas. Central Air, brick construction, and a newer roof with 15 years of warranty remaining are also included.
Loading infrastructure consists of 2 interior semi-truck-height covered docks at the front and a 10x10 drive-in door at the rear. The building provides approximately 15 rear parking spaces, with additional street parking available. Power is rated at 800A 480V 3PH. The property is zoned INDUS and offers direct access to Busse Rd and I-90, with O’Hare Airport approximately 9 miles or 15 minutes away by car. The lease is structured as modified gross, with the landlord paying property taxes and building insurance.
Loading infrastructure consists of 2 interior semi-truck-height covered docks at the front and a 10x10 drive-in door at the rear. The building provides approximately 15 rear parking spaces, with additional street parking available. Power is rated at 800A 480V 3PH. The property is zoned INDUS and offers direct access to Busse Rd and I-90, with O’Hare Airport approximately 9 miles or 15 minutes away by car. The lease is structured as modified gross, with the landlord paying property taxes and building insurance.
Key Highlights
- 10,000 SF flex industrial building with 8,000 SF warehouse and 2,000 SF office space (MOL)
- 2 interior semi‑truck‑height covered loading docks plus a 10x10 drive‑in door
- Office layout includes 3 offices, conference room, and 22x22 showroom
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Modified Gross
Lease Type
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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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 - Brick flex property combines renovated offices with warehouse and distribution functionality under INDUS zoning.
Where is this flex space located?
The property is located at 1340 Louis Avenue Elk Grove Village, IL.
What are key features of this property?
This property features: 10,000 SF flex industrial building with 8,000 SF warehouse and 2,000 SF office space (MOL); 2 interior semi‑truck‑height covered loading docks plus a 10x10 drive‑in door; Office layout includes 3 offices, conference room, and 22x22 showroom
