1201 Estes Ave Elk Grove Village, IL 60007
- Industrial properties
- 1.96 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1201 Estes Ave
- Year built
- 1973
- Lot size
- 1.96 lot acres
- Property type
- Industrial properties
- APN
- 08-34-205-016
- APU
- 834205016
Description
This ±52,272 square-foot single-tenant warehouse, situated on approximately 1.96 acres in Elk Grove Village, IL, presents a compelling leasing opportunity. Built in 1974 and renovated in 1991, the property boasts a 16-foot ceiling height, ideal for various industrial uses. The building features two loading docks and three drive-in doors, ensuring efficient loading and unloading. Ample parking is available with 41 spaces. The property benefits from substantial power, including 1600A 277/480V and 800A 277/480V (to be confirmed), making it suitable for manufacturing or other power-intensive operations. The building includes a ±5,000 square foot office space (not included in the total square footage). Additional features include a 70-foot deep truck court, a roof replaced in 2008, LED lighting, and a wet sprinkler system. The property is zoned I-2 (General Industrial) and enjoys convenient access to I-90 and Busse Road, placing it within the desirable O'Hare submarket. A tenant incentive of three months of net rent free is available for qualified deals signed by December 31, 2024, with a minimum three-year lease term. The building is constructed of masonry.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,095,000
- ML approach
- $2,975,000
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Location Insight
- Map
- Local Demand
- City
- Elk Grove Village
- County
- Cook
- State
- Illinois
- Longitude
- -87.9688
- Latitude
- 42.0053
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
