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2440 Pratt Blvd
Elk Grove Village, IL 60007
Industrial Property For Sale

Investment Highlights

  • Renovated rail-served facility
  • Central to I-290, I-390, I-294, I-90 and I-355
  • Access to sizable and skilled labor force
  • Minutes to O’Hare International Airport
  • Proximity to restaurants, shopping and hotels

Executive Summary

This renovated rail-served industrial facility offers a rare investment opportunity in the highly sought-after Elk Grove Village submarket, one of the most active industrial hubs in the Chicago metropolitan area. The property spans 184,902 square feet and is strategically positioned with direct access to major transportation corridors, including I-90, I-290, and I-294, ensuring seamless connectivity to O’Hare International Airport and the broader regional distribution network.
The building features 24-foot clear ceiling heights, 17 exterior docks, and two drive-in doors, providing exceptional functionality for a wide range of industrial and logistics operations. With six Union Pacific rail spots, the property is uniquely equipped to support intermodal and rail-dependent users, enhancing its long-term value proposition. The recently renovated office space, totaling approximately 6,759 square feet, offers a modern and efficient environment for administrative functions.
Additional highlights include 114 auto parking spaces, a robust power supply of 1,600 amps (277/480V, 3-phase, 4-wire), and a typical bay size of 40’ x 35’. The property sits on a well-configured site with excellent ingress and egress, making it suitable for both single-tenant and multi-tenant occupancy. Real estate taxes are projected at $1.60–$2.00 per square foot (2026 estimate). Sale price is subject to offer, presenting a compelling opportunity for investors seeking a stabilized industrial property in a premier logistics location.

Property Facts

Sale Type Investment
Sale Condition Lease Option
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 7.17 AC
Rentable Building Area 184,902 SF
No. Stories 1
Year Built 1981
Parking Ratio 0.62/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 17
No. Drive In / Grade-Level Doors 2
Zoning I-2, Elk Grove - Heavy Industrial

Property Taxes

Property Taxes

Parcel Number
08-35-403-067-0000
Land Assessment
$1,250,100
Improvements Assessment
$1,519,900
Total Assessment
$2,770,000
  • Listing ID: 39923634

  • Date on Market: 3/26/2026

  • Last Updated:

  • Address: 2440 Pratt Blvd, Elk Grove Village, IL 60007

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