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O'Hare Area Freestanding Industrial Building
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1515 Louis Ave, Elk Grove Village, IL

15,965 SF industrial building with office space for lease/sale.

Space Size15,965 SF
Lot Size0.69 Acres
Days on Market312

Property Features for 1515 Louis Ave

General Information

Standard status Active
Size 15,965 SF
Lot size 0.69 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 1515 Louis Ave Contact us

1515 Louis Ave

Floor
Bldg
Size
15,965 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- For lease or sale, 15,965 SF including 3,000 SF office, 14' clear, 2 interior docks,...
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Listing Agency: Colliers | Chicago Rosemont
Listed By: Jonathan Kohn
Source: Moodyscre
Added: Oct 13, 2025 Changed: Aug 8 Last Checked: May 19 at 10:18PM

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.

This 15,965 square foot building includes 3,000 square feet of office space and offers both leasing and sale options. The property features a 14-foot clear height, two interior docks, and one drive-in door. Parking is available for 20 cars. This free-standing building is located in the O’Hare submarket, offering close proximity to I-90 and Route 83.

Key Highlights

  • Rare free‑standing building in O’Hare submarket
  • 15,965 SF including 3,000 SF office space
  • Close proximity to I‑90 and Rt. 83

Property Analytics

Current Use

System II Transportation ... Trucking Company CRP Holdings Holding Company

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Real Estate Agency Nail Salon Restaurant

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

1,240
Businesses Nearby
Well-served
Demand for This Use

Market

Lease Benchmarks for Elk Grove Village, IL

$11.42 /SF/Yr
Avg Asking Price
$8–$13.5 /SF/Yr
Price Range
55,847 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Direct Warehousing 747 Chase Ave, Elk Grove Village, IL 60007
  • aya logistics 700 Nicholas Blvd, Elk Grove Village, IL 60007
  • M.J.brickhaus Development,LLC 2150 Touhy Ave, Elk Grove Village, IL 60007
  • Mid-West Moving & Storage 1255 Tonne Rd, Elk Grove Village, IL 60007

Frequently Asked Questions

What type of property is this?
Warehouse - 15,965 SF industrial building with office space for lease/sale.
Where is this warehouse located?
The property is located at 1515 Louis Ave Elk Grove Village, IL.
What are key features of this property?
This property features: Rare free‑standing building in O’Hare submarket; 15,965 SF including **3,000 SF office space**; Close proximity to I‑90 and Rt. 83
(773) 627-7847 Call to check price and availability
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