Industrial Building with Outdoor
2425 Pan Am Boulevard, Elk Grove Village, IL 60007
For Sale
Contact for pricing
Pending
Industrial building offering outdoor storage, 15-foot clear heights, and office space for contractor and auto-repair operations.
Property Size6,000 SF
Days on Market158
Property Features for 2425 Pan Am Boulevard
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Drive-In Doors
Building Details
Year Built
Year Renovated
Buildings
Listing Agency:
GC Realty and Development
Listed By:
Brad Bullington · License IL 475.134976
(630) 674-6989
Source:
Crexi
Added: Jun 6
Changed: Oct 25
Last Checked: Nov 8 at 8:17AM
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 GC Realty and Development
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Investment Insights
Based on property information with market context.
This 6,000 SF industrial building includes approximately 1,500 SF of office space and clear ceiling heights of 15 feet. The property is supported by outdoor storage areas designed to accommodate equipment and materials. Loading is served by one drive-in door for loading and access, with room to add additional doors if needed.
The building is located at 2425 Pan Am Boulevard in Elk Grove Village, IL. Access is configured for industrial use with drive-in loading and an arrangement that supports both vehicle and contractor workflows.
The layout is well suited for contractors, trucking operations, and auto repair users that need functional warehouse space alongside outdoor storage. With office space on-site, the property can support day-to-day administration while keeping work areas efficient for operations that require loading flexibility. The ability to add additional loading doors may further support scaling or changing operational needs.
The building is located at 2425 Pan Am Boulevard in Elk Grove Village, IL. Access is configured for industrial use with drive-in loading and an arrangement that supports both vehicle and contractor workflows.
The layout is well suited for contractors, trucking operations, and auto repair users that need functional warehouse space alongside outdoor storage. With office space on-site, the property can support day-to-day administration while keeping work areas efficient for operations that require loading flexibility. The ability to add additional loading doors may further support scaling or changing operational needs.
Key Highlights
- 6,000 SF industrial building with outdoor storage
- Approximately 1,500 SF office space
- 15 ft clear ceiling heights in the warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,392
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,840
$1.7M
Cap Rate 7%
$1,205,600
$1.2M
Cap Rate 9%
$937,689
$937.7K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$131.8K $21.96/SF
− Vacancy
−$11.2K −$1.87/SF
EGI
$120.6K $20.09/SF
− OpEx
−$36.2K −$6.03/SF
NOI
$84.4K $14.07/SF
Area
Cook County, IL
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,840
Cap Rate 7%
$1,205,600
Cap Rate 9%
$937,689
Alternative Uses
Best Use
Retail
$1.21M
$1.05M – $1.41M
NOI $84,392 @ 7.0% cap · market cap 3.67%
Second Best
Warehouse
$448.0K
$392.0K – $522.7K
NOI $31,363 @ 7.0% cap · market cap 1.36%
Theoretical Best
Office A
$2.30M
$2.02M – $2.69M
NOI $161,280 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Elk Grove Village
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Boyer-Rosene Moving & Storage Inc — 1121 n ellis st, bensenville, il 60106
- KCC — Bensenville, IL 60106
- Iron Mountain — 500 Frontier Way, Bensenville, IL 60106
- Cross Docking Warehouse — 1147 N Ellis St, Bensenville, IL 60106
- Mma Warehouse — 1147 N Ellis St, Bensenville, IL 60106
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building offering outdoor storage, 15-foot clear heights, and office space for contractor and auto-repair operations.
Where is this warehouse located?
The property is located at 2425 Pan Am Boulevard Elk Grove Village, IL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 6,000 SF industrial building with outdoor storage; Approximately 1,500 SF office space; 15 ft clear ceiling heights in the warehouse area
