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    870-898 Cambridge Dr Elk Grv Vlg Elk Grove Village, IL 60007

    Sponsored
    For Lease
    Contact for pricing

    Elk Grove Village, IL: Multiple warehouse spaces available.

    Lot size:
    42,725 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property, located at 870-898 Cambridge Drive in Elk Grove Village, Illinois, 60007, offers a total of 42,725 square feet of warehouse, distribution, and manufacturing space. The property is situated within the desirable O'Hare submarket, providing unparalleled access to transportation networks. Three individual spaces are currently available, ranging in size from 3,605 to 7,210 square feet, offering flexibility for various business needs. The building boasts a high-image profile, reflecting institutional ownership and management standards. Its strategic location within the Regent O'Hare Business Center ensures convenient access to key infrastructure. The property benefits from proximity to the north cargo entrance of O'Hare International Airport and the future west entrance, streamlining logistics and transportation. Furthermore, its location minutes from the crucial four-way interchange at I-90 and Elmhurst Road provides easy access to major roadways, facilitating efficient regional and national distribution. This prime location, combined with the high-quality building and available space options, presents a compelling opportunity for businesses seeking a strategic industrial presence in the thriving O'Hare market. The property is classified as multi-tenant.

    Property Features for 870-898 Cambridge Dr Elk Grv Vlg

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,725 SF

    Unit(s) available at that property

    Space
    888-890 Cambridge
    Size
    7,210 SF
    Space
    872 Cambridge
    Size
    5,238 SF
    Space
    886 Cambridge
    Size
    4,725 SF

    HighLights

    • 42,725 SF of warehouse, distribution, & manufacturing space in Elk Grove Village, IL.
    • Three suites available, ranging from 3,605 SF to 7,210 SF.
    • Prime O'Hare submarket location with excellent access to I‑90, Elmhurst Road, and O'Hare International Airport.
    • High‑image building in the Regent O'Hare Business Center.
    • Multi‑tenant property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.9569953
    Latitude
    42.0135532

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    FAQs

    What type of property is this?
    Manufacturing property - Elk Grove Village, IL: Multiple warehouse spaces available.
    Where is this manufacturing property located?
    The property is located at 870-898 Cambridge Dr Elk Grv Vlg Elk Grove Village, IL.
    What are key features of this property?
    This property features: 42,725 SF of warehouse, distribution, & manufacturing space in Elk Grove Village, IL.; Three suites available, ranging from 3,605 SF to 7,210 SF.; Prime O'Hare submarket location with excellent access to I-90, Elmhurst Road, and O'Hare International Airport.
    Request Owner's contact information
    870-898 Cambridge Dr Elk Grv Vlg 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
    870-898 Cambridge Dr Elk Grv Vlg Elk Grove Village, IL 60007
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