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Elk Grove Village Warehouse Space
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701 East Devon Avenue, Elk Grove Village, IL 60007

Warehouse space available for lease in Elk Grove Village, IL.

Space SizeContact for details
Property Size183,609 SF
Days on Market217

Property Features for 701 East Devon Avenue

General Information

Standard status Active
Size 183,609 SF
Property subtype 10/29/2026

Building Details

Building Size 183,609 SF
Year Built 2026
Listing Agency: Cushman & Wakefield - Rosemont, Illinois
Listed By: Al Caruana
Source: Cushmanwakefield
Added: Mar 30 Changed: Oct 30 Last Checked: Nov 1 at 2:28AM

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 Cushman & Wakefield - Rosemont, Illinois

Rey
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Investment Insights

Based on property information with market context.

Located in Elk Grove Village, Illinois, this property offers warehouse space suitable for industrial and distribution purposes. The property is classified as a warehouse, with potential uses including distribution centers and other commercial real estate applications.

Key Highlights

  • New construction: Year Built 2026
  • Warehouse space available for lease
  • Located in Elk Grove Village, IL

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Arrow Plastic Factory Illinois Bottle Manufacturing ... Industrial Manufacturer

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Hair Salon Skin Care Clinic (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Elk Grove Village, IL

$12.05 /SF/Yr
Avg Asking Price
$11.25–$12.75 /SF/Yr
Price Range
44,485 SF
Avg Space Size

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

Similar Off Market Nearby

  • P St Logistics — 1151 N Wood Dale Rd, Wood Dale, IL 60191
  • TWE, Inc. — 1401 Mark St, Elk Grove Village, IL 60007
  • SOO Brand Solutions — 850 Mark St, Elk Grove Village, IL 60007
  • Chancellory Business Park — N Mittel Blvd, Wood Dale, IL 60191
  • C-Tech Logistics — 875 E Devon Ave, Elk Grove Village, IL 60007

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space available for lease in Elk Grove Village, IL.
Where is this warehouse located?
The property is located at 701 East Devon Avenue Elk Grove Village, IL.
What are key features of this property?
This property features: New construction: Year Built 2026; Warehouse space available for lease; Located in Elk Grove Village, IL
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