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Industrial Warehouse with Loading
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951 Fargo Ave, Elk Grove Village, IL 60007

Modern industrial warehouse featuring clear height ceilings, truck parking, and loading docks for distribution and manufacturing.

Space Size44,019 SF - 60,077 SF
Property Size104,096 SF
Days on Market132

Property Features for 951 Fargo Ave

General Information

Standard status Active
Size 44,019 SF - 60,077 SF
Property subtype Industrial

Building Details

Building Size 104,096 SF

Spaces For Lease

at 951 Fargo Ave Contact us

951 Fargo Ave, Unit A, Elk Grove Village

Size
60,077 SF
Term
Negotiable
Contact us

951 Fargo Ave, Unit B, Elk Grove Village

Size
44,019 SF
Term
Negotiable
Contact us
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Joe Bronson · License #475124830
Source: Hiffman
Added: May 8 Changed: Sep 15 Last Checked: Sep 15 at 7:11AM

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 NAI Hiffman | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This industrial warehouse is offered for lease and designed to support manufacturing and distribution operations. The space includes clear height ceilings, ample truck parking, and convenient loading docks. The interior is described as well-maintained and available with a customizable layout to fit a tenant’s operational needs.

The property is located at 951 Fargo Ave in Elk Grove Village, IL, with access described as convenient to major transportation routes and O’Hare International Airport.

Overall, the building is presented as a functional, adaptable industrial option with the core improvements needed for loading and day-to-day truck activity.

Key Highlights

  • Modern industrial warehouse at 951 Fargo Ave in Elk Grove Village, IL
  • Clear height ceilings designed for manufacturing and distribution use
  • Ample truck parking to support loading and operational needs

Property Analytics

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Current Use

Marketplace Brands Warehouse & Storage Old World Quality ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Hair Salon Spa & Massage Center

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

890
Businesses Nearby
Balanced
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

$12.13 /SF/Yr
Avg Asking Price
$8–$16 /SF/Yr
Price Range
47,075 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
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Similar Off Market Nearby

  • Chicago Office Movers 1717 Tonne Rd, Elk Grove Village, IL 60007
  • SmartStop Self Storage 1600 Busse Rd, Elk Grove Village, IL 60007
  • CubeSmart Self Storage 1750 Busse Rd, Elk Grove Village, IL 60007
  • 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 - Modern industrial warehouse featuring clear height ceilings, truck parking, and loading docks for distribution and manufacturing.
Where is this warehouse located?
The property is located at 951 Fargo Ave Elk Grove Village, IL.
What are key features of this property?
This property features: Modern industrial warehouse at 951 Fargo Ave in Elk Grove Village, IL; Clear height ceilings designed for manufacturing and distribution use; Ample truck parking to support loading and operational needs
More about this property
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