700 BONNIE Lane, Elk Grove Village, IL 60007
COMMERCIAL - Elk Grove Village, IL
- Added:
- Oct 12, 2025
- Days on Market:
- 246
- Last Refresh:
- Jun 14 at 8:06 am
Property Features for 700 BONNIE Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- INDUS
- Standard status
- Active
- APN
- 08271021341001
- Size
- 4,300 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 20243
Utilities
- Utilities
- Water Available
- Cooling system
- Central Air
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete, Tile
- Building materials
- Concrete, Block, Brick
- Roof type
- Rubber, Metal
Listing agent Andrzej Olszowka License #475160900 (773) 792-3000
Listing office Troy Realty Ltd 6625 N Avondale Ave, Chicago, IL (773) 792-3000
Listing date Oct 12, 2025
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location in Elk Grove Village Business Park with excellent access to O'Hare Airport and major expressways.
- Remodeled in 2024 with 1,000 SF of updated office space including kitchenette and private restroom.
- Warehouse features 16' clear height and 600 AMP power, suitable for various industrial uses.
- End‑unit industrial condo with approximately 4,300 SF.
- Fully sprinklered with concrete construction and newer roof.
- Available for sale at $640,000 or for lease (terms negotiable).
Overview
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.4k | $18.00 |
| − Vacancy | −$7.7k | −$1.80 |
| EGI | $69.7k | $16.20 |
| − OpEx | −$24.4k | −$5.67 |
| NOI | $45.3k | $10.53 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Pierogi Rig — 410 Bonnie Ln, Elk Grove Village, IL 60007
Location Insight
- Map
- Local Demand
- City
- Elk Grove Village
- County
- Cook
- State
- Illinois
- Longitude
- -87.9716623
- Latitude
- 42.015648