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Investment Highlights
- Free-standing 8,000 SF industrial building in Elk Grove Village.
- Two interior docks and two 10' x 10' drive-in doors.
- 400-amp, 240-volt electrical service in place.
- Includes approximately 1,000 SF of office space.
- 14-foot clear height supports diverse industrial uses.
- Convenient access to Route 83, Route 72, I-90, and O'Hare.
Executive Summary
353-355 Crossen Avenue offers an opportunity to acquire a free-standing industrial facility in Elk Grove Village, one of the Chicago area's most established industrial markets. The property benefits from convenient access to Route 83, Route 72, Interstate 90, and the O'Hare Airport market area, supporting efficient regional connectivity for manufacturing, warehousing, distribution, and service-oriented operations.
The 8,000-square-foot building includes approximately 1,000 square feet of office space and features a functional industrial layout with 14-foot clear height, two interior loading docks, and two 10' x 10' drive-in doors. The facility is served by 400-amp, 240-volt power and is 100% air conditioned, providing flexibility for a variety of industrial users. The site also includes 11 on-site parking stalls to support employees and visitors. Offered at $940,000 with 2024 property taxes reported at $3.85 per square foot, the property presents an owner-user or investment opportunity within a highly sought-after Northwest suburban industrial corridor.
The 8,000-square-foot building includes approximately 1,000 square feet of office space and features a functional industrial layout with 14-foot clear height, two interior loading docks, and two 10' x 10' drive-in doors. The facility is served by 400-amp, 240-volt power and is 100% air conditioned, providing flexibility for a variety of industrial users. The site also includes 11 on-site parking stalls to support employees and visitors. Offered at $940,000 with 2024 property taxes reported at $3.85 per square foot, the property presents an owner-user or investment opportunity within a highly sought-after Northwest suburban industrial corridor.
Property Facts
| Price | $940,000 | No. Stories | 1 |
| Price Per SF | $117.50 | Year Built | 1978 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.5/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.41 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 8,000 SF | ||
| Zoning | I1, Elk Grove - Light Industrial | ||
| Price | $940,000 |
| Price Per SF | $117.50 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.41 AC |
| Rentable Building Area | 8,000 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Tenancy | Single |
| Parking Ratio | 1.5/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I1, Elk Grove - Light Industrial |
Amenities
- Skylights
- Air Conditioning
Utilities
- Heating - Gas
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 08-27-200-046-0000 | Improvements Assessment | $108,926 |
| Land Assessment | $70,824 | Total Assessment | $179,750 |
Property Taxes
Parcel Number
08-27-200-046-0000
Land Assessment
$70,824
Improvements Assessment
$108,926
Total Assessment
$179,750
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