2375 American LnElk Grove Village, IL 60007

For Sale
$1,100,000

12,054 SF Warehouse, Vacant, I-2 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
92
This fee-simple industrial property, located at 2375 American Lane in Elk Grove Village, Illinois (zip code 60007), offers 12,054 square feet of warehouse space in a single-tenant building. Built in 1980 and renovated in 2003, the Class C warehouse sits on a 0.56-acre lot in DuPage County, offering a desirable location. The property boasts masonry and metal construction, with ceiling heights ranging from 14 to 22 feet. Two grade-level loading docks facilitate efficient loading and unloading. Seven parking spaces are available on-site. The property features 400 amps of three-phase 480-volt power. The asking price is $1,100,000, translating to $91.26 per square foot. The land value is $130.25 per square foot. The property is conveniently located just two miles south of Interstate 90 and adjacent to O'Hare International Airport. The permitted zoning is I-2. This vacant warehouse presents a strong investment opportunity in a low-tax area with a tough barrier to entry. The property is currently vacant and ready for immediate occupancy.

Highlights

  • Vacant 12,054 SF single-tenant warehouse on a 0.56-acre lot.
  • Masonry/metal construction with 14'-22' clear height and two grade-level doors.
  • DuPage County location, near I-90 and O'Hare Airport.
  • Low vacancy (2.0%) and strong rent growth (5.3%) in a competitive submarket.
  • Equipped with a 10-ton crane, ideal for manufacturing and industrial uses.

Property Details for 2375 American Ln

Property type
Other warehouses, Other industrial properties
Square Feet
12,054 SF
Class
C
Year Built/Renovated
1980/2003
Buildings
1
Lot Size (sq. ft)
24,394 SF
Units
1

Location Insight

City
Elk Grove Village
County
DuPage
State
Illinois
Latitude
41.9924728
Longitude
-87.9433618
2375 American Ln, Elk Grove Village, Illinois

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2375 American Ln
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