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Industrial Facility
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1500 Morse Ave, Elk Grove Village, IL 60007

Industrial space with regional interstate access and proximity to O’Hare’s west air cargo entrance.

Space Size109,940 SF
Days on Market14

Property Features for 1500 Morse Ave

General Information

Standard status Active
Size 109,940 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes

Spaces For Lease

at 1500 Morse Ave Contact us

1500 Morse Ave

Floor
Bldg
Size
109,940 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
− Minutes to O’Hare West Air Cargo Entrance − Easy access to I-294, I-90, I-290,...
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Listing Agency: Avison Young | Chicago
Listed By: Brian Colson · License #475122917
Source: Moodyscre
Added: Sep 2 Changed: Sep 13 Last Checked: Sep 15 at 10:25AM

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 Avison Young | Chicago

Investment Insights

Based on property information with market context.

This industrial property offers 109,940 square feet of space at 1500 Morse Ave in Elk Grove Village, Illinois. The property is positioned near O’Hare’s west air cargo entrance, supporting access to the airport’s cargo operations.

Regional connectivity includes I-294, I-90, I-290, I-390, and I-355. Restaurants, shopping, and hotels are also located nearby, providing surrounding commercial services for occupants and visitors.

Key Highlights

  • 109,940 square feet of industrial space
  • Minutes from O’Hare West Air Cargo Entrance
  • Access to I‑294, I‑90, I‑290, I‑390 and I‑355

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Hair Salon Spa & Massage Center Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

692
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

Lease Benchmarks for Elk Grove Village, IL

$11.38 /SF/Yr
Avg Asking Price
$8–$14 /SF/Yr
Price Range
53,990 SF
Avg Space Size

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 property - Industrial space with regional interstate access and proximity to O’Hare’s west air cargo entrance.
Where is this industrial property located?
The property is located at 1500 Morse Ave Elk Grove Village, IL.
What are key features of this property?
This property features: 109,940 square feet of industrial space; Minutes from O’Hare West Air Cargo Entrance; Access to I‑294, I‑90, I‑290, I‑390 and I‑355
(312) 259-1577 Call to check price and availability
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