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Redeveloped Opportunity 701 E Devon Ave 183,800 SF of 4-Star Industrial Space Available in Elk Grove Village, IL 60007

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HIGHLIGHTS

  • Redevelopment opportunity in Elk Grove Village’s core industrial hub
  • DuPage County tax benefits within the O’Hare submarket
  • Expandable car and trailer parking to support logistics operations
  • 36' clear height with 30 exterior docks and expandable air freight access
  • Excellent visibility and signage potential along Devon Avenue
  • Immediate access to IL-390, IL-83, and O’Hare International Airport

FEATURES

Clear Height
36’
Drive In Bays
2
Exterior Dock Doors
30
Standard Parking Spaces
170

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 183,800 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Spec Suite
  • June 01, 2027

Positioned in the heart of Elk Grove Village’s premier industrial corridor, 701 E. Devon Avenue offers ±183,800 SF of highly functional space primed for redevelopment. This modern logistics facility is ideally situated with direct visibility along Devon Avenue and immediate access to IL-390, IL-83, and Busse Road, placing tenants within minutes of O’Hare International Airport and the broader Chicagoland distribution network. The building features 36-foot clear heights, 30 exterior docks, 2 drive-in doors, and 2 air freight doors expandable to 10, making it ideal for high-volume distribution or air cargo operations. With DuPage County tax advantages in the O’Hare market, tenants benefit from reduced operating costs while enjoying proximity to public transportation and major thoroughfares. The site includes ±170 car parking spaces (expandable to ±220) and ±30 trailer parking spaces (expandable to ±40), supporting a range of logistics and employee needs. Office space is available to suit, offering flexibility for customized tenant build-outs. The property is equipped with ESFR sprinklers and is undergoing a strategic redevelopment to meet the demands of modern industrial users. 701 Devon is owned by ML Realty Partners, a trusted name in industrial real estate, and is represented by Cushman & Wakefield brokers Steve Stone and Al Caruana.

  • 2 Drive Ins
  • 30 Loading Docks
  • Signage available
  • Space is in Excellent Condition
  • DuPage taxes in O’Hare market
  • 2 Air Freight Doors (Expandable to 10)
Space Size Term Rental Rate Space Use Condition Available
1st Floor 183,800 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial Spec Suite June 01, 2027

1st Floor

Size
183,800 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Condition
Spec Suite
Available
June 01, 2027

1st Floor

Size 183,800 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Condition Spec Suite
Available June 01, 2027

Positioned in the heart of Elk Grove Village’s premier industrial corridor, 701 E. Devon Avenue offers ±183,800 SF of highly functional space primed for redevelopment. This modern logistics facility is ideally situated with direct visibility along Devon Avenue and immediate access to IL-390, IL-83, and Busse Road, placing tenants within minutes of O’Hare International Airport and the broader Chicagoland distribution network. The building features 36-foot clear heights, 30 exterior docks, 2 drive-in doors, and 2 air freight doors expandable to 10, making it ideal for high-volume distribution or air cargo operations. With DuPage County tax advantages in the O’Hare market, tenants benefit from reduced operating costs while enjoying proximity to public transportation and major thoroughfares. The site includes ±170 car parking spaces (expandable to ±220) and ±30 trailer parking spaces (expandable to ±40), supporting a range of logistics and employee needs. Office space is available to suit, offering flexibility for customized tenant build-outs. The property is equipped with ESFR sprinklers and is undergoing a strategic redevelopment to meet the demands of modern industrial users. 701 Devon is owned by ML Realty Partners, a trusted name in industrial real estate, and is represented by Cushman & Wakefield brokers Steve Stone and Al Caruana.

  • 2 Drive Ins
  • Space is in Excellent Condition
  • 30 Loading Docks
  • DuPage taxes in O’Hare market
  • Signage available
  • 2 Air Freight Doors (Expandable to 10)

DISTRIBUTION FACILITY FACTS

Building Size
183,800 SF
Lot Size
9.20 AC
Year Built
2026
Sprinkler System
ESFR
Zoning
I
  • Listing ID: 38029448

  • Date on Market: 10/10/2025

  • Last Updated:

  • Address: 701 E Devon Ave, Elk Grove Village, IL 60007

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