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    1900 Devon Ave Elk Grove Village, IL 60007

    Sponsored
    For Lease
    Contact for pricing

    Elk Grove Village Warehouse - 12,000 SF Available

    Lot size:
    98,445 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Elk Grove Village industrial property, located at 1900-1960 E Devon Ave, offers 12,000 square feet of immediately available warehouse space within a larger 98,445 square foot building. Situated on a 5.68-acre lot in Cook County, IL (zip code 60007), this single-story building boasts an 18-foot ceiling height, perfect for various industrial uses. The property features ten loading docks and ample parking (one space per 1000 square feet). The building is zoned I-2 and benefits from convenient access to major transportation arteries, including I-90 and I-294, placing it within easy reach of O'Hare International Airport. Built in 1976, the property includes 800 amps of 120/208 V power. While the building has multiple suites, this listing focuses on the 12,000 square foot vacant space, available for lease starting May 1st, 2024. The property is classified as Flex, Warehouse, Distribution, and Manufacturing space. No elevators are present.

    Property Features for 1900 Devon Ave

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    98,445 SF

    Building Details

    Year Built
    1976
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1910
    Size
    12,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Best Metal Extrusions, ... Machine Shop Tri R Distribution ... Distribution Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.954486881372
    Latitude
    41.993335080146

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    FAQs

    What type of property is this?
    Manufacturing property - Elk Grove Village Warehouse - 12,000 SF Available
    Where is this manufacturing property located?
    The property is located at 1900 Devon Ave Elk Grove Village, IL.
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    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
    1900 Devon Ave Elk Grove Village, IL 60007
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