Elk Grove Village, IL Commercial Real Estate for Lease and Sale

Explore 70 listings of Elk Grove Village commercial real estate to find the best space for your business.

400-490 Bonnie Lane

400-490 Bonnie Lane, Elk Grove Village, IL
Property

Industrial

29,580 SF
Availability

2 Spaces

5,580 SF
For Lease

$11.50/SF/YR
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2500 Touhy Ave

2500 Touhy Ave, Elk Grove Village, IL
Property

Industrial

78,917 SF
Year Built

2010
For Sale

$8,500,000
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2440 Pratt Blvd

2440 Pratt Blvd, Elk Grove Village, IL
Property

Industrial

184,902 SF
Availability

1 Space

102,935 SF
Year Built

1981
For Lease

$8.50/SF/YR
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CRL / Shawnway Plaza

640-674 Meacham Road, Elk Grove Village, IL
Property

Retail

21,520 SF
Availability Contact for availability

For Lease Contact for pricing
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Office Retail Industrial

Retail Industrial Land
1290 Brummel Avenue

1290 Brummel Avenue, Elk Grove Village, IL
Property

Industrial

9,750 SF
Availability

1 Space

9,750 SF
For Lease

$12.00/SF/YR
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71,506 SF Available for Lease in Elk Grove Village

1650 Howard St, Elk Grove Village, IL
Property

Industrial

71,506 SF
Availability

1 Space

71,506 SF
For Lease Contact for pricing
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Prologis Elk Grove Industrial Park - 2800-2900 Lively Blvd

2800 Lively Blvd, Elk Grove Village, IL
Property

Industrial

164,225 SF
Availability

1 Space

41,226 SF
Year Built

1974
For Lease Contact for pricing
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1800-1872 Brummel Drive

1800-1872 Brummel Drive, Elk Grove Village, IL
Property

Industrial

266,989 SF
Availability

2 Spaces

54,480 SF
Year Built

1977
For Lease Contact for pricing
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610 Meacham Road

600 Meacham Rd, Elk Grove Village, IL
Property

Retail

135,000 SF
Availability

7 Spaces

51,150 SF
Year Built

1995
For Lease

$8.00 - $18.00/SF/YR
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Centre 53

1047-1069 Rohlwing Rd, Elk Grove Village, IL
Property

Retail

12,000 SF
Availability Contact for availability

For Lease Contact for pricing
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6,794 SF Available for Lease or Sale in Elk Grove Village

1505 Pratt Blvd, Elk Grove Village, IL
Property

Industrial

6,794 SF
For Sale Contact for pricing
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17,658 SF Now Available For Lease in Elk Grove Village

1850 Howard Street, Elk Grove Village, IL
Property

Industrial

36,300 SF
Availability

1 Space

17,658 SF
Year Built

1989
For Lease Contact for pricing
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2550 Arthur Ave

2550 Arthur Ave, Elk Grove Village, IL
Property

Industrial

84,185 SF
Availability

1 Space

21,000 SF
Year Built

1961
For Lease

$17.00/SF/YR
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1250-1260 Lunt Avenue

1250-1260 Lunt Avenue, Elk Grove Village, IL
Property

Industrial

50,117 SF
Availability

1 Space

25,054 SF
For Lease Contact for pricing
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700-54,400 SF Available for Lease at Elk Grove Town Center

980 Elk Grove Town Center, Elk Grove Village, IL
Property

Retail

102,104 SF
Availability

1 Space

54,400 SF
For Lease Contact for pricing
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501-565 Busse Road

501-565 Busse Road, Elk Grove Village, IL
Property

Industrial

265,548 SF
Availability

1 Space

14,400 SF
Year Built

1977
For Lease Contact for pricing
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312,482 SF Planned Construction Available for Lease in Elk Grove Village, IL

1800 Howard St, Elk Grove Village, Elk Grove VIllage, IL
Property

Industrial

312,482 SF
Availability

1 Space

312,482 SF
For Lease Contact for pricing
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Elk Grove Village, IL Warehouse for Rent - #1176 | 1,000-11,999 sq ft

1201 Mark Street, Elk Grove Village, IL
Property

Industrial

11,999 SF
Availability

1 Space

11,999 SF
Year Built

1972
For Lease

$1.00/SF/MO
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Woodland Square Office Center - Buildings I - IV

901 Biesterfield Road, Elk Grove Village, IL
Property

Office

52,126 SF
Availability

3 Spaces

2,488 SF
Year Built

1988
For Lease

$27.50/SF/YR
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350-360 Lively Blvd.

350-360 Lively Blvd., Elk Grove Village, IL
Property

Industrial

17,950 SF
Availability

1 Space

3,500 SF
For Lease

$12.95/SF/YR
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685-695 Lunt Avenue

685-695 Lunt Avenue, Elk Grove Village, IL
Property

Industrial

13,500 SF
Availability

1 Space

6,750 SF
For Lease

$12.75/SF/YR
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6,794 SF Available for Lease or Sale in Elk Grove Village

1505 Pratt Blvd, Elk Grove Village, IL
Property

Industrial
Availability

1 Space

6,794 SF
For Lease Contact for pricing
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Elk Grove Village, IL Warehouse for Rent - #1477 | 5,000-20,000 sq ft

500 East Devon Avenue, Elk Grove Village, IL
Property

Industrial

146,029 SF
Availability

1 Space

20,000 SF
Year Built

2020
For Lease

$1.50/SF/MO
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49,360 SF Available for Lease in Elk Grove Village

1300 Morse Ave, Elk Grove Village, IL
Property

Industrial

49,360 SF
Availability

1 Space

49,360 SF
Year Built

1975
For Lease Contact for pricing
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Prologis Elk Grove Industrial Park - 1100 & 1200-1290 Thorndale Avenue

1200 Thorndale Avenue, Elk Grove Village, IL
Property

Industrial

168,215 SF
Availability

1 Space

28,975 SF
Year Built

1978
For Lease Contact for pricing
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801 Chase Avenue

801 Chase Avenue, Elk Grove Village, IL
Property

Industrial

89,965 SF
Availability

2 Spaces

53,188 SF
Year Built

1982
For Lease Contact for pricing
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1281 Brummel Avenue

1281 Brummel Avenue, Elk Grove Village, IL
Property

Industrial

5,675 SF
Availability

1 Space

2,300 SF
For Lease

$11.00/SF/YR
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1340 East Higgins Road

1340 East Higgins Road, Elk Grove Village, IL
Property

Office

61,515 SF
Availability

1 Space

3,900 SF
For Lease Contact for pricing
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2400-2440 Greenleaf Avenue

2400-2440 Greenleaf Avenue, Elk Grove Village, IL
Property

Industrial

94,370 SF
Availability

1 Space

52,995 SF
Year Built

1970
For Lease

$10.50/SF/YR
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125-145 Randall Street,

125-145 Randall Street,, Elk Grove Village, IL
Property

Industrial

10,000 SF
For Sale

Subject To Offer
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Triangle Corporate Center

1400-1538 S. Elmhurst Road, Elk Grove Village, IL
Property

Industrial

60,000 SF
Availability

3 Spaces

10,822 SF
Year Built

1986
For Lease

$12.95 - $15.75/SF/YR
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25 Northwest Point Bldg

25 Northwest Point Blvd, Elk Grove Village, IL
Property

Office
Availability

1 Space

18,642 SF
Year Built

1989
For Lease Contact for pricing
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21,584 SF Available for Lease in Elk Grove Village

2475 Touhy Ave, Elk Grove Village, IL
Property

Industrial

124,028 SF
Availability

1 Space

21,584 SF
For Lease Contact for pricing
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Charlestown

286 Devon Ave, Elk Grove Village, IL
Property

Retail

7,000 SF
Availability Contact for availability

For Lease Contact for pricing
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530 Crossen Ave

530 Crossen Ave, Elk Grove Village, IL
Property

Industrial

10,600 SF
Year Built

1977
For Sale

Subject To Offer
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221 Lively Blvd.,

221 Lively Blvd.,, Elk Grove Village, IL
Property

Industrial

8,000 SF
Year Built

1970
For Sale

Subject to Offer
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1400 Morse Ave

1400 Morse Ave, Elk Grove Village, IL
Property

Industrial

91,937 SF
Availability

1 Space

91,937 SF
Year Built

1970
For Lease Contact for pricing
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124,411 SF New Speculative Construction Available for Lease in Elk Grove Village

75 NW Point Blvd, Elk Grove Village, IL
Property

Industrial

147,075 SF
Availability

1 Space

124,411 SF
For Lease Contact for pricing
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1700 Estes Avenue

1700 Estes Avenue, Elk Grove Village, IL
Property

Industrial

51,064 SF
Availability

1 Space

51,064 SF
Year Built

1967
For Lease Contact for pricing
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225 N. Arlington Heights Road

225 N. Arlington Heights Road , Elk Grove Village, IL
Property

Office

26,000 SF
Availability

2 Spaces

2,050 SF
Year Built

1969
For Lease

$450.00 - $1,900.00/MO
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52,135 SF Available for Lease in Elk Grove Village

2001 Arthur Ave, Elk Grove Village, IL
Property

Industrial

79,205 SF
Availability

1 Space

52,135 SF
Year Built

2018
For Lease Contact for pricing
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802 Greenleaf Avenue

802 Greenleaf Avenue, Elk Grove Village, IL
Property

Industrial

9,250 SF
Availability

1 Space

9,250 SF
For Lease

$12.97/SF/YR
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107 Garlisch

107 Garlisch, Elk Grove Village, IL
Property

Industrial

15,840 SF
Availability

1 Space

7,920 SF
For Lease Contact for pricing
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Strawberry Hill Plaza Lot 1 Redevelopment

633 Meacham Rd, Elk Grove Village, IL
Property

Retail

3,214 SF
Availability

1 Space

3,214 SF
Year Built

1985
For Lease Contact for pricing
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Elk Crossing

20 Biesterfield Rd, Elk Grove Village, IL
Property

Retail

116,707 SF
Availability

3 Spaces

8,900 SF
For Lease Contact for pricing
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1400 Greenleaf Ave

1400 Greenleaf Ave, Elk Grove Village, IL
Property

Industrial

56,500 SF
Year Built

1973
For Sale

Subject To Offer
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13,448 SF Now Available For Lease in Elk Grove Village

1800 Howard Street, Elk Grove Village, IL
Property

Industrial

29,468 SF
Availability

1 Space

13,448 SF
Year Built

1989
For Lease Contact for pricing
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2575-2577 United Ln

2575-2577 United Ln, Elk Grove Village, IL
Property

Industrial

15,300 SF
Availability

1 Space

7,650 SF
Year Built

1971
For Lease Contact for pricing
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Universal Scientific

2101 Arthur Ave., Elk Grove Village, IL
Property

Industrial

82,529 SF
Availability

1 Space

55,535 SF
Year Built

1970
For Lease Contact for pricing
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2001 Estes Ave.

2001 Estes Ave., Elk Grove Village, IL
Property

Industrial

42,070 SF
Availability

1 Space

42,070 SF
Year Built

1976
For Lease Contact for pricing
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701-777 Lunt Ave.

701-777 Lunt Ave., Elk Grove Village, IL
Property

Industrial

93,379 SF
Availability

2 Spaces

62,975 SF
Year Built

1970
For Lease

$12.50/SF/YR
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600 Busse Road

600 Busse Road, Elk Grove Village, IL
Property

Industrial

19,190 SF
Availability

1 Space

19,190 SF
Year Built

1967
For Lease

$10.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Elk Grove Village commercial real estate market incorporates 179,824 square feet of office space across 6 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Elk Grove Village commercial real estate market includes 624,008 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Elk Grove Village market, there is a total of 2,900,373 square feet of industrial property.

The listing inventory in Elk Grove Village incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Elk Grove Village is represented by Industrial space, which accounts for 2,016,241 square feet of available listings. Retail space available in Elk Grove Village adds up to 184,875 square feet.

Meanwhile, most of the listings of commercial property for sale in Elk Grove Village are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Elk Grove Village is $13.44 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Elk Grove Village can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Elk Grove Village, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $18 per square foot. In particular, the property type commanding the highest lease rates in Elk Grove Village was Retail space.

Conversely, the highest sale price last year was $29,125,000 that is located at 50 NW Point Blvd.

The average size of a commercial property in Elk Grove Village depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Elk Grove Village, the average size of an office property is 44,956 square feet.
Retail properties here incorporate an average of 52,001 square feet.
Industrial space in Elk Grove Village is in buildings that are, on average 64,453 square feet in size.

Elk Grove Village, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Elk Grove Village currently add up to 2,197,779 square feet. The market offers 6 active office listing(s), which amount to 47,727 square feet and account for 8% of commercial spaces on the market. Local retail availability includes 184,875 square feet across 11 retail space(s). Industrial space for rent opportunities in Elk Grove Village amount to 1,965,177 square feet across a total of 51 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	47,727
Retail	11	184,875
Industrial	51	1,965,177

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Elk Grove Village, IL. Currently, there is 221,710 square feet of commercial property for sale here , which includes , 1 retail investment opportunity listing(s) , and 8 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Retail	1	2,813
Industrial	8	218,897

Elk Grove Village, IL Commercial Real Estate Market Overview

Located 20 miles northwest of Chicago along the Golden Corridor, this city is an unassuming global business destination. Commercial real estate in Elk Grove Village (EGV) includes the largest consolidated industrial park in the United States, which encompasses more than 62 million square feet of industrial space. A location at the EGV Business Park comes with fast access to domestic and global freight networks, as well as a diverse, talent-ready hiring network.

Bordering both the city of Chicago and O’Hare International Airport, availability of industrial property here is quite limited, as businesses in the area naturally compete for commercial space adjacent to O’Hare. Even so, through business-friendly policies and incentives — such as tax credit programs, industrial revenue bonds, workforce training programs and property tax abatements — Elk Grove Village has proactively and consistently created value for its business residents by investing in its business infrastructure.

Elk Grove Village, IL Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Elk Grove Village, IL?

What factors affect the price of commercial real estate in Elk Grove Village, IL?

What is the average rent for commercial space in Elk Grove Village, IL?

What are the best areas for commercial real estate in Elk Grove Village, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Elk Grove Village, IL?

Elk Grove Village, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Elk Grove Village, IL Commercial Real Estate Market Overview

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