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1300 Chase Ave 61,600 SF Flex Building Elk Grove Village, IL 60007 For Sale



Investment Highlights
- Convenient location within minutes of O’Hare International Airport and I-90 access.
- Fully climate-controlled space with 480-amp power for operational flexibility.
- Ample parking with 87 spaces on a 2.94-acre site designed for single-tenant occupancy.
- Functional industrial design featuring two docks with levelers and 20-foot clear ceiling height.
- Approximately 3,500 square feet of office space within a 61,600-square-foot facility.
- Immediate connectivity to Chicago and surrounding industrial corridors for efficient logistics.
Executive Summary
1300 Chase offers a significant single-tenant industrial opportunity in Elk Grove Village, a well-established logistics hub in the Chicagoland market. Featuring approximately 61,600 square feet on 2.94 acres, this facility provides efficient distribution and light manufacturing capabilities. The property includes two docks with levelers and a 20-foot clear ceiling height, supporting seamless operational flow.
Office space of 3,500 square feet enhances the user experience with a fully air-conditioned environment. The building’s masonry construction reflects durability, while its power capacity of 480 amps and comprehensive gas HVAC system ensures robust operational infrastructure. With 87 parking spaces, the site offers excellent vehicle accommodation for employees and visitors.
Strategically located just 10 minutes from O’Hare International Airport and the I-90 interchange, the property offers access to major transportation routes, minimizing transit times for regional and national distribution. This positioning within Elk Grove Village provides proximity to a strong industrial tenant base and a mature business community, enhancing long-term value for owner-users and investors alike.
Office space of 3,500 square feet enhances the user experience with a fully air-conditioned environment. The building’s masonry construction reflects durability, while its power capacity of 480 amps and comprehensive gas HVAC system ensures robust operational infrastructure. With 87 parking spaces, the site offers excellent vehicle accommodation for employees and visitors.
Strategically located just 10 minutes from O’Hare International Airport and the I-90 interchange, the property offers access to major transportation routes, minimizing transit times for regional and national distribution. This positioning within Elk Grove Village provides proximity to a strong industrial tenant base and a mature business community, enhancing long-term value for owner-users and investors alike.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built/Renovated | 1980/2001 |
| Property Subtype | Light Manufacturing | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.41/1,000 SF |
| Lot Size | 2.94 AC | Clear Ceiling Height | 21’ |
| Rentable Building Area | 61,600 SF | No. Dock-High Doors/Loading | 2 |
| Zoning | I-2, Elk Grove Villa - Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 2.94 AC |
| Rentable Building Area | 61,600 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2001 |
| Tenancy | Single |
| Parking Ratio | 1.41/1,000 SF |
| Clear Ceiling Height | 21’ |
| No. Dock-High Doors/Loading | 2 |
| Zoning | I-2, Elk Grove Villa - Industrial |
Utilities
- Water - City
- Sewer - City
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Nant Bioscience
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Nant Bioscience | Public Administration | - | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 08-27-402-049-0000 | Improvements Assessment | $640,564 |
| Land Assessment | $512,936 | Total Assessment | $1,153,500 |
Property Taxes
Parcel Number
08-27-402-049-0000
Land Assessment
$512,936
Improvements Assessment
$640,564
Total Assessment
$1,153,500
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