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    1400-1538 Elmhurst Rd Elk Grove Village, IL 60007

    Sponsored
    For Lease
    $13 SF/Yr

    Modern warehouse space, flexible layouts, prime location.

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Triangle Corporate Center, located at 1400-1538 S. Elmhurst Road in Elk Grove Village, IL 60007, offers 60,000 square feet of warehouse space in a single-story building constructed in 1986. The property is situated in Cook County and provides excellent accessibility, boasting a highly visible location near O'Hare International Airport and I-90. The building is comprised of four suites, with a total of 18,978 square feet currently vacant. Businesses can lease spaces ranging from a minimum of 2,666 square feet to a maximum contiguous space of 4,556 square feet, offering flexibility for various business needs. The property features 400 amps of 3-phase power and ample parking. Fiber cabling is available, catering to modern communication requirements. The property is professionally managed and maintained, ensuring a high-quality environment for tenants. This location is ideal for businesses seeking a well-maintained, accessible, and highly visible warehouse space in a strategic location with convenient access to major transportation arteries. The property's flexible layout allows for various office-to-warehouse ratios, accommodating a wide range of business operations.

    Property Features for 1400-1538 Elmhurst Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF
    Total Rate
    65000

    Building Details

    Year Built
    1986
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1470
    Size
    2,666 SF
    Rate per SF
    $13
    Space
    Suite 1400
    Size
    4,556 SF
    Rate per SF
    $15
    Space
    Suite 1404/06
    Size
    3,600 SF
    Rate per SF
    $15

    HighLights

    • Close proximity to O'Hare International Airport.
    • Fiber cabling available.
    • High office‑to‑warehouse ratio.
    • Professionally managed and owned.
    • Conveniently located on Elmhurst Road, less than 5 minutes from I‑90.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Hair Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness Wholesale Shop Hotel & Motel

    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
    -87.9410062
    Latitude
    42.0057839

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    FAQs

    What type of property is this?
    Distribution property - Modern warehouse space, flexible layouts, prime location.
    Where is this distribution property located?
    The property is located at 1400-1538 Elmhurst Rd Elk Grove Village, IL.
    What is the lease rate?
    The lease rate is $13-$15 SF/Yr.
    What are key features of this property?
    This property features: Close proximity to O'Hare International Airport.; Fiber cabling available.; High office-to-warehouse ratio.
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    1400-1538 Elmhurst Rd 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
    1400-1538 Elmhurst Rd Elk Grove Village, IL 60007
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