2375 American LnElk Grove Village, IL 60007

Property Details for 2375 American Ln

Year built

1980

Construction

STEEL FRAME

Lot size

0.56 AC

Property size (Sq ft)

11,993 SF

Zone code

I

Property type

Industrial properties

APN

03-02-202-002

APU

302202002

Description

This fee-simple industrial property, located at 2375 American Lane in Elk Grove Village, Illinois (zip code 60007), offers 12,054 square feet of warehouse space in a single-tenant building. Built in 1980 and renovated in 2003, the Class C warehouse sits on a 0.56-acre lot in DuPage County, offering a desirable location. The property boasts masonry and metal construction, with ceiling heights ranging from 14 to 22 feet. Two grade-level loading docks facilitate efficient loading and unloading. Seven parking spaces are available on-site. The property features 400 amps of three-phase 480-volt power. The asking price is $1,100,000, translating to $91.26 per square foot. The land value is $130.25 per square foot. The property is conveniently located just two miles south of Interstate 90 and adjacent to O'Hare International Airport. The permitted zoning is I-2. This vacant warehouse presents a strong investment opportunity in a low-tax area with a tough barrier to entry. The property is currently vacant and ready for immediate occupancy.

• Alternative Use

  Use

  Valuation

  Residential

  $2,478,640

  Hospitality

  $2,270,421

  Educational

  $1,888,964

  Medical

  $1,953,928

  Retail

  $2,938,388

Location Insight

City

Elk Grove Village

County

Dupage

State

Illinois

Latitude

41.9925

Longitude

-87.9434

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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