Industrial Building with Loading
New
For Sale
$1,365,000
2545 American Lane, Elk Grove Village, IL 60007
Industrial space is available in flexible configurations, with substantial electrical service and both dock and drive-in loading.
Property Size11,994 SF
Lot Size0.55 Acres
Price / SF$113.81
Days on Market4
Property Features for 2545 American Lane
General Information
Standard status
Active
Size
11,994 SF
Lot size
0.55 Acres
Property subtype
COMMERCIAL
Warehouse & Industrial
Clear Height
14 ft
Dock-High Doors
1
Drive-In Doors
1
Power
800 amps
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$28,813
Building Details
Building Size
11,994 SF
Year Built
1975
Buildings
1
Listing Agency:
Strauss Realty Ltd
Listed By:
Adam Schneiderman · License #475149601
(847) 826-4467
Source:
Dawnmckennagroup
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 5 at 2:36AM
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 Strauss Realty Ltd
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Investment Insights
Based on property information with market context.
This 11,994-square-foot industrial building occupies a 24,150-square-foot lot and was built in 1975. Loading features include one interior dock and one 12' x 12' drive-in door; clear height ranges from 12 to 14 feet. The property has 800-amp power and a large rear parking lot. At sale, the building will be delivered vacant. Lease availability ranges from 7,000 to 11,994 square feet.
Located in Elk Grove Village’s industrial park, the property provides access to I-290, I-390, I-90, Route 53, and I-294. O’Hare International Airport is nearby.
Located in Elk Grove Village’s industrial park, the property provides access to I-290, I-390, I-90, Route 53, and I-294. O’Hare International Airport is nearby.
Key Highlights
- 11,994 SF building on a 24,150 SF lot
- One interior dock and one 12' x 12' drive‑in door
- 12'-14' clear height and 800‑amp power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,694
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,253,880
$1.3M
Cap Rate 7%
$895,629
$895.6K
Cap Rate 9%
$696,600
$696.6K
Market Conditions
NOI Build-Up for 11,994 SF
Gross rent
$77.7K $6.48/SF
− Vacancy
−$4.0K −$0.33/SF
EGI
$73.8K $6.15/SF
− OpEx
−$11.1K −$0.92/SF
NOI
$62.7K $5.23/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,253,880
Cap Rate 7%
$895,629
Cap Rate 9%
$696,600
Alternative Uses
Best Use
Warehouse
$895.6K
$783.7K – $1.04M
NOI $62,694 @ 7.0% cap · market cap 4.59%
Second Best
Industrial
$737.6K
$645.4K – $860.5K
NOI $51,630 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$4.14M
$3.62M – $4.83M
NOI $289,869 @ 7.0% cap · market cap 21.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
648
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
View Realmo Analytics
Market
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 space is available in flexible configurations, with substantial electrical service and both dock and drive-in loading.
Where is this warehouse located?
The property is located at 2545 American Lane Elk Grove Village, IL.
What is the asking price?
The asking price for this property is $1,365,000.
What are key features of this property?
This property features: 11,994 SF building on a 24,150 SF lot; One interior dock and one 12' x 12' drive‑in door; 12'-14' clear height and 800‑amp power
