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    1116 Devon Ave, Unit 3B Elk Grove Village, IL 60007-3214
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    Property profile & analytics

    1116 Devon Ave, Unit 3B Elk Grove Village, IL 60007-3214


    • Retail space
    Off-Market
    Property ID
    US28-0702485
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • A Transportation / Trucking Company
    • Ben & Sons Garage Door Repair LLC / Building Supply / General Contractor

    Property Details for 1116 Devon Ave

    Property type
    Retail space
    APN
    08-31-400-077
    APU
    831400077

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -88.0288
    Latitude
    41.9937
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,553
    $7,225
    $23,390
    $30,615
    -
    $28,900
    $93,560
    $122,460
    More about this property
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