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2440 Pratt Blvd 184,902 SF Vacant Industrial Building Elk Grove Village, IL 60007 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.
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 or Owner User | No. Stories | 1 |
| Sale Condition | Lease Option | Year Built | 1981 |
| Property Type | Industrial | Parking Ratio | 0.62/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 24’ |
| Building Class | B | No. Dock-High Doors/Loading | 17 |
| Lot Size | 7.17 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 184,902 SF | ||
| Zoning | I-2, Elk Grove - Heavy Industrial | ||
| Sale Type | Investment or Owner User |
| 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 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
81,867 - 184,902 SF Available Renovated rail-served facility Minutes to O’Hare International Airport Central to I-290, I-390, I-294, I-90 and I-355 Proximity to restaurants, shopping and hotels Access to sizable and skilled labor force
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 1st | 81,967-184,902 SF | Industrial | Full Build-Out | Now |
1st Fl - 1st
| Size |
| 81,967-184,902 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
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Map
1st Fl - 1st
| Size | 81,967-184,902 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
81,867 - 184,902 SF Available Renovated rail-served facility Minutes to O’Hare International Airport Central to I-290, I-390, I-294, I-90 and I-355 Proximity to restaurants, shopping and hotels Access to sizable and skilled labor force
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 08-35-403-067-0000 | Improvements Assessment | $1,519,900 |
| Land Assessment | $1,250,100 | Total Assessment | $2,770,000 |
Property Taxes
Parcel Number
08-35-403-067-0000
Land Assessment
$1,250,100
Improvements Assessment
$1,519,900
Total Assessment
$2,770,000
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2440 Pratt Blvd
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