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    1201 Mark St Elk Grove Village, IL 60007

    Sponsored
    For Lease
    $12 SF/Yr

    Flexible Warehouse Space, DuPage County

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Elk Grove Village, IL warehouse offers 45,000 square feet of flexible industrial space, divisible to a minimum of 1,000 square feet. Located at 1201 Mark St, zip code 60007, in DuPage County, this property boasts 5 dock-high doors and 1 loading ramp, ensuring efficient loading and unloading. The space is currently shared, with a minimum lease of 1,000 square feet and a maximum of 15,000 square feet currently available. The building is meticulously maintained, clean, pest-controlled, and holds both FDA and Kosher certifications. Utilities are included in the lease, with heat provided. The current primary tenant offers a range of fulfillment services including picking, packing, kitting, loading, and labeling, providing a valuable added benefit for prospective tenants. Renter labor is not permitted on-site. Parking and temporary office space are available. Standard operating hours are Monday-Friday, 7:30 am to 4:00 pm. The property is easily accessible and offers a strategic location within Elk Grove Village. Prospective tenants will undergo a brief phone screening prior to scheduling a tour. The space can be adapted to open floor plans as needed. The average tenure of the current warehouse staff exceeds 12 years, indicating a stable and experienced workforce within the building. The monthly rental rate is $1.00 per square foot.

    Property Features for 1201 Mark St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF
    Total Rate
    45000

    Unit(s) available at that property

    Space
    Elk Grove Village, IL - 1176
    Size
    15,000 SF
    Rate per SF
    $12

    HighLights

    • 45,000 SF divisible warehouse in Elk Grove Village, IL (60007), DuPage County, located at 1201 Mark St.
    • Features 5 dock‑high doors and 1 loading ramp.
    • 1,000‑15,000 SF currently available; utilities included; $1.00/SF monthly rent.
    • Clean, well‑maintained space with FDA and Kosher certifications; free forklift available; no on‑site renter labor permitted.
    • Parking and temporary office space available; standard operating hours are Monday‑Friday, 7:30 am to 4:00 pm.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution Management Services Business Management Consultant DMS Packaging Packaging Company

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Building Supply Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9682506
    Latitude
    41.9877124

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    FAQs

    What type of property is this?
    Distribution property - Flexible Warehouse Space, DuPage County
    Where is this distribution property located?
    The property is located at 1201 Mark St Elk Grove Village, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 45,000 SF divisible warehouse in Elk Grove Village, IL (60007), DuPage County, located at 1201 Mark St.; Features 5 dock-high doors and 1 loading ramp.; 1,000-15,000 SF currently available; utilities included; $1.00/SF monthly rent.
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    1201 Mark St Elk Grove Village, IL 60007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1201 Mark St Elk Grove Village, IL 60007
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