770-780 Arthur Ave Elk Grove Village, IL 60007
This exceptional industrial warehouse property, located at 770 Arthur Avenue in Elk Grove Village, Illinois, offers a highly desirable ±41,875 square feet of immediately available space, with expansion potential up to the entire ±63,616 square foot building by June 1, 2025. The single-story building sits on approximately 2.71 acres of land and features a 22-foot ceiling height, providing ample vertical clearance for storage and operations. The property boasts four loading docks with four dock-high doors, along with two drive-in doors, ensuring efficient loading and unloading. Ample parking is available with 126 spaces. The warehouse is equipped with a robust 2000A 277/480V power supply. The building is constructed of masonry and steel, and features a wet sprinkler system. The property is zoned for industrial use and is institutionally owned and managed. Its location within the highly sought-after Elk Grove submarket offers excellent access to a strong local workforce and O'Hare International Airport, making it an ideal location for businesses seeking efficient logistics and a strategic position within the Chicago metropolitan area. The property is currently configured as a multi-tenant building with two suites. The space is well-maintained and functional.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.