1116 Devon Ave 3B, Elk Grove Village, IL 60007-3214
This exceptional 1,850 square foot single-tenant office space is ideally situated in Elk Grove Village, Illinois, at 1116 W Devon Ave, 60007. The property boasts a prime location within the Elk Grove Village Devon and 53 submarket cluster, offering excellent visibility and accessibility. The building is a one-story structure, providing convenient single-level access. The interior is currently configured as a functional office space, featuring a spacious open reception area, two private offices perfect for individual work or small teams, a well-equipped kitchen area with ample counter space and a table for informal meetings, a dedicated storage room for supplies and equipment, and two bathrooms for employee and client convenience. The property's strategic location offers significant advantages, with proximity to major expressways ensuring easy commutes for employees and clients. The surrounding area is vibrant and bustling, with a high concentration of businesses and residential communities, creating a strong customer base and high foot traffic. Nearby amenities include a popular bar, a banquet hall, a hotel, a highly-rated Italian restaurant, an eye doctor's office, a salon, and a bank, providing convenience and attracting potential clients. Ample parking is available, particularly during the day, ensuring easy access for employees and visitors. This versatile space is suitable for a variety of office uses, including medical, traditional, executive, creative, and coworking arrangements. This is a truly remarkable opportunity to establish or expand your business in a thriving and well-connected location.
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A Transportation Trucking Company
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Ben & Sons Garage Door Repair LLC Building Supply General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.