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    OFF-MARKET
    Office Spaces

    1032 Devon Ave, Elk Grove Village, IL 60007-7226

    0.89 ac lot Built 1997
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-2347241
    Property summary
    AI-generated overview

    This 1,500-square-foot mixed-use building in Elk Grove Village, Illinois, presents a unique owner-user opportunity. Located at 1032 W Devon Ave, 60007, this property boasts high visibility with frontage on Devon Avenue, experiencing over 50,000 cars daily. Its convenient location offers easy access to major interstates and O'Hare Airport. Built in 1998, the building features a traditional office layout with a spacious rear storage/warehouse area, complete with a 16-foot overhead automated garage door. The interior is well-maintained, showcasing clean paint, oak trim, six-panel oak doors, vinyl plank flooring, carpeted private office space, kitchen cabinets, and a heated garage. Four parking spaces are available on-site. The property's versatile design is ideal for a business seeking a combination of office space, showroom, and warehouse storage, all under one roof. This represents a compelling alternative to renting, offering the potential for significant long-term cost savings. The net rentable square footage is 1,500 square feet. This is a for-sale-by-owner property.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1997
    Lot 0.89 ac (38,727 SF)
    APN 08-31-400-063-1007
    UPID US28-2347241
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • MBSS Imaging Masters Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Shaadi Entertainment Of Woodstock I · 1 yrs held
    Shaadi Entertainment Of Woodstock I
    since 2024
    Last sale
    $230,000
    6 recorded transactions
    2024
    $230,000
    2021
    $148,000
    2018
    $145,000
    2015
    $137,500
    2006
    2003
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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