Warehouse Condominium with Rear
New
For Sale
$475,000
750 BONNIE Lane, Elk Grove Village, IL 60007
Office improvements, two restrooms and loading access support practical industrial use.
Property Size4,300 SF
Price / SF$110.47
Days on Market6
Property Features for 750 BONNIE Lane
General Information
Standard status
Active
Size
4,300 SF
Property subtype
COMMERCIAL
Additional Details
Dock-High Doors
2
Taxes and HOA fees
Annual Taxes
$19,243
Building Details
Building Size
4,300 SF
Year Built
1973
Listing Agency:
Troy Realty Ltd
Listed By:
Andrzej Olszowka · License #475160900
(773) 792-3000
Source:
Dawnmckennagroup
Added: Oct 17
Changed: Oct 21
Last Checked: Oct 21 at 2:25AM
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 Troy Realty Ltd
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Investment Insights
Based on property information with market context.
This 4,300-square-foot warehouse condominium was built in 1973 and includes two rear loading docks. Interior work includes fresh paint, replacement lighting, and an office area with updated flooring and a drop ceiling. Two bathrooms serve the space, and the roof was completed in 2018.
The property is in Elk Grove Village, within the O’Hare-area industrial market and near O’Hare International Airport. Its loading configuration and office component provide a mix of warehouse and administrative space.
The property is in Elk Grove Village, within the O’Hare-area industrial market and near O’Hare International Airport. Its loading configuration and office component provide a mix of warehouse and administrative space.
Key Highlights
- 4,300‑square‑foot industrial condominium
- Two loading docks at the rear of the unit
- Office area with new drop ceiling and flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,476
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,520
$449.5K
Cap Rate 7%
$321,086
$321.1K
Cap Rate 9%
$249,733
$249.7K
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$27.9K $6.48/SF
− Vacancy
−$1.4K −$0.33/SF
EGI
$26.4K $6.15/SF
− OpEx
−$4.0K −$0.92/SF
NOI
$22.5K $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%
$449,520
Cap Rate 7%
$321,086
Cap Rate 9%
$249,733
Alternative Uses
Best Use
Warehouse
$321.1K
$281.0K – $374.6K
NOI $22,476 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,922 @ 7.0% cap · market cap 21.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Dock-high doors
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
Balanced
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
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Mid-West Moving & Storage — 1255 Tonne Rd, Elk Grove Village, IL 60007
- Direct Warehousing — 747 Chase Ave, Elk Grove Village, IL 60007
Frequently Asked Questions
What type of property is this?
Warehouse - Office improvements, two restrooms and loading access support practical industrial use.
Where is this warehouse located?
The property is located at 750 BONNIE Lane Elk Grove Village, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 4,300‑square‑foot industrial condominium; Two loading docks at the rear of the unit; Office area with new drop ceiling and flooring
