2150 Touhy AveElk Grove Village, IL 60007

  • Industrial properties
  • 1.53 AC
For Sale
$3,999,900 View listing

Property Details for 2150 Touhy Ave

Year built
1969
Lot size
1.53 AC
Property type
Industrial properties
APN
08-26-304-018
APU
826304018

Description

This exceptional Elk Grove Village, IL industrial property, located at 2150 Touhy Ave, offers 37,965 square feet of versatile space in a prime location. The property features a two-story building on a 66,647 square foot lot, zoned for industrial use, with four loading docks and 16'4" ceilings. Currently 50% occupied by three tenants under a gross lease with a remaining term of approximately one year (expiring December 1, 2025), generating a current NOI of $15,000. The asking price is $3,999,900, translating to $105.36 per square foot. Its strategic location offers easy access to major highways and O'Hare International Airport, making it ideal for businesses requiring efficient transportation links. The property's current tenant mix provides immediate rental income potential, while the ample space allows for expansion or diverse operational needs. This presents a compelling opportunity for investors seeking a strong return or businesses needing a functional and well-situated facility. The property is situated in Cook County, IL, zip code 60007. This is a rare opportunity to acquire a well-positioned industrial property with significant upside potential.

Location Insight

City
Elk Grove Village
County
Cook
State
Illinois
Latitude
42.0085
Longitude
-87.9501
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$133,105
$141,163
$411,072
$552,235
-
$564,652
$1,644,288
$2,208,940

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