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Renovated Flex Space with Warehouse
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1965 Pratt Blvd, Elk Grove Village, IL 60007

Renovated flex facility combines extensive office space with warehouse, showroom, storage, and industrial-use capability.

Property Size41,577 SF
Lot Size2.30 Acres
Days on Market6

Property Features for 1965 Pratt Blvd

General Information

Standard status Active
Size 41,577 SF
Total Parking Spaces 123
Lot size 2.30 Acres
Property subtype Industrial

Warehouse & Industrial

Clear Height 24 ft
Office Build-Out 33,000 SF
Drive-In Doors 1
Power 600 amps
Voltage 480 V
Conditioned Warehouse Yes

Additional Details

Outdoor Storage Yes

Amenities

executive bathroom with shower

Building Details

Building Size 41,577 SF
Year Built 1964
Year Renovated 2016
Listed By: Adam Stokes
Source: Hiffman
Added: Sep 19 Changed: Sep 23 Last Checked: Sep 22 at 1:58PM

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 Adam Stokes

Investment Insights

Based on property information with market context.

This flex property at 1965 Pratt Boulevard in Elk Grove Village contains 41,577 square feet on a 2.3-acre site, plus additional mezzanine office space. The 2016 renovation includes up to 33,000 square feet of office area, high-end finishes, an executive bathroom with shower, and full air conditioning. Office space can be reduced to 5,000 square feet to accommodate changing operational requirements.

The industrial portion provides clear heights of 24 feet in the rear bay and 12 feet in the center bay, along with an oversized grade-level door measuring 12' x 16'. Building infrastructure includes 600-amp, 480-volt power service, while the paved site supports outdoor storage and 123 parking spaces. The property is suited to fleet operations, vehicle maintenance, engineering, contractor, showroom, storage, and other office-intensive industrial uses.

Key Highlights

  • 41,577 SF building on a 2.3‑acre site (103,600 SF)
  • Up to 33,000 SF of renovated office space; can be scaled back to 5,000 SF
  • Full renovation completed in 2016 with high‑end finishes and executive bathroom with shower

Property Analytics

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Current Use

Curatek Pharmaceuticals LLC Factory National Material L.P. Factory Metal Resources International Advertising Agency Scrap Corporation of America Waste Management Facility

Suggested Use

Top Pick Dental Office Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic Gym & Fitness Center Catering Service

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

24 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

702
Businesses Nearby
Well-served
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
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Market

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

  • Pasta Dee Casa 2600 Elmhurst Rd, Elk Grove Village, IL 60007
  • Fitoor Catering Company 201 Eastern Ave, Bensenville, IL 60106

Frequently Asked Questions

What type of property is this?
Flex space - Renovated flex facility combines extensive office space with warehouse, showroom, storage, and industrial-use capability.
Where is this flex space located?
The property is located at 1965 Pratt Blvd Elk Grove Village, IL.
What are key features of this property?
This property features: 41,577 SF building on a 2.3‑acre site (103,600 SF); Up to 33,000 SF of renovated office space; can be scaled back to 5,000 SF; Full renovation completed in 2016 with high‑end finishes and executive bathroom with shower
More about this property
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