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Elk Grove Village Industrial Space
For Lease
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940 Lively Blvd, Elk Grove Village, IL 60007

Industrial space for lease with convenient access to transportation.

Space Size36,250 SF
Property Size58,000 SF
Lot Size2.59 Acres
Days on Market688

Property Features for 940 Lively Blvd

General Information

Standard status Active
Size 36,250 SF
Total Parking Spaces 75
Lot size 2.59 Acres
Property subtype Industrial

Building Details

Building Size 58,000 SF
Year Built 1980
Tenancy Multiple

Spaces For Lease

at 940 Lively Blvd Contact us

South Unit

Size
36,250 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: Transwestern
Listed By: Ross Lehrman · License #IL 475171721
Source: Crexi
Added: Oct 2, 2024 Changed: Aug 17 Last Checked: Aug 19 at 12:05PM

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 Transwestern

Investment Insights

Based on property information with market context.

This industrial space, available for lease, is located at 940 Lively Boulevard in Elk Grove Village, Illinois. The property offers approximately 36,250 square feet of space within a building totaling approximately 58,000 square feet, situated on a land area of approximately 2.59 acres. Constructed in 1980, the masonry building includes approximately 5,000 square feet of office space. The facility features an 18-foot ceiling height and is equipped with two interior docks and one drive-in door for loading. Power is supplied by an 800A 480V system. Parking is available with approximately 75 spaces for the entire building. The property provides direct access to Busse Road and I-90 via Elmhurst Road.

Key Highlights

  • Standalone industrial facility offering exclusivity and control
  • Strategic location with direct access to Busse Road and I‑90 via Elmhurst Road
  • Substantial available space of ±36,250 SF

Property Analytics

Current Use

Warehouses

Suggested Use

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

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

1,053
Businesses Nearby
Well-served
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

Market

Lease Benchmarks for Elk Grove Village, IL

$11.42 /SF/Yr
Avg Asking Price
$8–$13.5 /SF/Yr
Price Range
55,847 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

  • Direct Warehousing 747 Chase Ave, Elk Grove Village, IL 60007
  • Chicago Office Movers 1717 Tonne Rd, Elk Grove Village, IL 60007
  • Mid-West Moving & Storage 1255 Tonne Rd, Elk Grove Village, IL 60007
  • CubeSmart Self Storage 1750 Busse Rd, Elk Grove Village, IL 60007
  • SmartStop Self Storage 1600 Busse Rd, Elk Grove Village, IL 60007

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial space for lease with convenient access to transportation.
Where is this warehouse located?
The property is located at 940 Lively Blvd Elk Grove Village, IL.
What are key features of this property?
This property features: Standalone industrial facility offering exclusivity and control; Strategic location with direct access to Busse Road and I‑90 via Elmhurst Road; Substantial available space of ±36,250 SF
(847) 588-5700 Call to check price and availability
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