Calibration Laboratory
204 Northwest Highway, Fox River Grove, IL 60021
For Sale
$1,200,000
A single-tenant facility fitted out for calibration work, with laboratory, office, conference, and shipping areas.
Property Size7,170 SF
Lot Size0.31 Acres
Price / SF$167.36
Days on Market52
Property Features for 204 Northwest Highway
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Financials
Asking Price
Cap Rate
Site & Location
Highway Access
Road Access
Warehouse & Industrial
Drive-In Doors
Power
Voltage
Three-Phase Power
Sprinkler System
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Construction
Tenancy
Listing Agency:
RE/MAX Suburban
Listed By:
Jason Bitton · License #475170841
(847) 367-8686
Source:
Amberrealty
Added: Sep 19
Changed: Nov 7
Last Checked: Nov 8 at 2:21PM
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 RE/MAX Suburban
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Investment Insights
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Built in 1952, this block-and-masonry building was fitted out as a calibration laboratory in 2024–25. Its layout includes a glass-fronted reception and waiting area, seven offices, a conference room, workstation space, a kitchenette, two front restrooms, and four labs. The central main lab serves as the production floor; a rear workshop lab is accompanied by an auxiliary room and two shipping rooms. Three interior overhead doors connect work areas. The property has three-phase power, a 400-amp service, a Carrier 5-ton evaporator coil, and a Payne gas furnace manufactured in 2022. A full sprinkler system and fire-service line were recently installed, and the flat roof was replaced with a 60-mil TPO membrane under 10-year labor and 20-year material warranties.
The building is leased to American Calibration, LLC. The initial lease term ends January 12, 2028, with two 2-year renewal options. The tenant pays utilities and routine maintenance and reimburses real estate taxes and the property-insurance premium. Twelve on-site parking spaces are provided, with the Village’s municipal commuter lot directly behind the property. Northwest Highway (US 14) carries about 25,700 vehicles per day at this location, including about 1,100 trucks. The Fox River Grove Metra station is directly across the highway.
The building is leased to American Calibration, LLC. The initial lease term ends January 12, 2028, with two 2-year renewal options. The tenant pays utilities and routine maintenance and reimburses real estate taxes and the property-insurance premium. Twelve on-site parking spaces are provided, with the Village’s municipal commuter lot directly behind the property. Northwest Highway (US 14) carries about 25,700 vehicles per day at this location, including about 1,100 trucks. The Fox River Grove Metra station is directly across the highway.
Key Highlights
- Calibration laboratory fit‑out completed in 2024–25, with four labs and seven offices
- Three‑phase power with a 400‑amp, 120/240‑volt main service
- Roof replacement includes 5.2 inches of insulation and a 60‑mil TPO membrane
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
215
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Business Placement
Demographics for 60021, IL
5,404
Population
1,968
Households
2.7
Avg Household Size
42
Median Age
42%
College-Educated
98%
High-School Grad
2.0 sq mi
ZIP Area
2,702
Density / Sq Mi
$122,005
Median Household Income
$59,030
Median Earnings
$2,134
Median Rent
$286,400
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - A single-tenant facility fitted out for calibration work, with laboratory, office, conference, and shipping areas.
Where is this manufacturing property located?
The property is located at 204 Northwest Highway Fox River Grove, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Calibration laboratory fit‑out completed in 2024–25, with four labs and seven offices; Three‑phase power with a 400‑amp, 120/240‑volt main service; Roof replacement includes 5.2 inches of insulation and a 60‑mil TPO membrane
