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Freestanding Industrial Flex Building
For Lease
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1515 Louis Ave, Elk Grove Village, IL 60007

Freestanding warehouse totaling 15,965 SF with 3,000 SF office, 14' clear height, and two interior docks.

Space Size15,965 SF
Days on Market334

Property Features for 1515 Louis Ave

General Information

Standard status Active
Size 15,965 SF
Total Parking Spaces 20
Property subtype INDUSTRIAL

Warehouse & Industrial

Clear Height 14 ft
Dock-High Doors 2
Drive-In Doors 1

Additional Details

Highway Access Yes

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 26 Last Checked: Sep 11 at 10:38AM

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 freestanding industrial flex building offers a total of 15,965 SF, including 3,000 SF of office space. The warehouse features 14' clear height and two interior docks, with a dedicated interior dock loading configuration. The property also includes a DID and 20 car parking spaces.

Located near I-90 and Rt. 83 in the O’Hare submarket, the building is positioned for convenient highway access. The offering is noted for its rarity as a free-standing building in the O’Hare submarket.

This configuration supports a range of warehouse and light industrial needs where on-site office space is beneficial, paired with docked loading and ample parking for day-to-day operations.

Key Highlights

  • Freestanding warehouse totaling 15,965 SF with 3,000 SF office space
  • 14' clear height warehouse with two interior docks
  • 1 DID included

Property Analytics

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Open 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

14 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,240
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Elk Grove Village, IL

$13.74 /SF/Yr
Avg Asking Price
$11.95–$19 /SF/Yr
Price Range
23,506 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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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 - Freestanding warehouse totaling 15,965 SF with 3,000 SF office, 14' clear height, and two interior docks.
Where is this flex space located?
The property is located at 1515 Louis Ave Elk Grove Village, IL.
What are key features of this property?
This property features: Freestanding warehouse totaling 15,965 SF with 3,000 SF office space; 14' clear height warehouse with two interior docks; 1 DID included
(773) 627-7847 Call to check price and availability
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