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Industrial Flex Building
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381 Lexington Drive, Buffalo Grove, IL 60089

The layout supports warehouse, distribution, light manufacturing, or other flex operations.

Property Size13,000 SF
Days on Market2

Property Features for 381 Lexington Drive

General Information

Standard status Active
Size 13,000 SF
Property subtype Industrial
Zoning I-Industrial

Additional Details

Highway Access Yes

Building Details

Building Size 13,000 SF
Year Built 1985
Listing Agency: Hilco Real Estate
Listed By: Steve Madura
Source: Hilcorealestatesales
Added: Oct 7 Last Checked: Oct 7 at 2:02PM

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 Hilco Real Estate

Investment Insights

Based on property information with market context.

This 13,000± SF flex property was built in 1985 and has a functional layout suited to warehouse, distribution, light manufacturing, or flex use. On-site parking and truck circulation are also present.

The property is in Buffalo Grove, with access to I-94 (Tri-State Tollway) and other major regional arterials. Its zoning is I-Industrial.

Key Highlights

  • 13,000± SF flex facility, built in 1985
  • I‑Industrial zoning
  • Access to I‑94 (Tri‑State Tollway) and other major regional arterials

Property Analytics

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Open Analytics

Current Use

EPIX, Inc. Industrial Manufacturer

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Nail Salon Dental Office Daycare Center

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60089, IL

43,227
Population
16,551
Households
2.6
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
4,411
Density / Sq Mi
$129,932
Median Household Income
$70,514
Median Earnings
$2,042
Median Rent
$393,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Spiced Indian Catering — 352 Lexington Dr, Buffalo Grove, IL 60089

Frequently Asked Questions

What type of property is this?
Flex space - The layout supports warehouse, distribution, light manufacturing, or other flex operations.
Where is this flex space located?
The property is located at 381 Lexington Drive Buffalo Grove, IL.
What are key features of this property?
This property features: 13,000± SF flex facility, built in 1985; I‑Industrial zoning; Access to I‑94 (Tri‑State Tollway) and other major regional arterials
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