SQUARE FEET4,300
MLS#12492743
STATUSActive
PROPERTY TYPECommercial - Industrial
Property Description
700 Bonnie Ln, Elk Grove Village, IL 60007 FOR SALE - Industrial Condo | $640,000 | 4,300 SF Property Overview: Exceptional end-unit industrial condo ideally positioned in the heart of the Elk Grove Village Business Park, just minutes from O'Hare International Airport and major expressways (I-90, I-290, I-355). Built solidly in 1973 and completely remodeled in 2024, this 4,300 SF unit combines functionality with modern office finishes-ready for an owner-user or light industrial operation seeking visibility, convenience, and efficiency. Highlights: 600 AMP Power - ideal for manufacturing, machining, or high-demand users. Fully Sprinklered (Wet System) for safety and compliance. Approx. 1,000 SF Office space with new flooring, lighting, kitchenette, and private restroom. Warehouse Ceilings: 16' High, painted walls, and a clean open layout. One 10'x10' Drive-In Door, excellent for deliveries and small trucks. Front & Rear Parking, totaling approx. 9 dedicated spaces (plus shared visitor parking). Newer Roof, upgraded HVAC, and modernized mechanicals. Highly Visible End-Unit location with signage opportunity and easy truck access. Building & Zoning Details: Zoning: I - Industrial (flex for warehouse, light manufacturing, storage, or distribution). Lot Size: 4,300 SF (condo ownership). Construction: Concrete block with flat metal/rubber roof. Fire Protection: Hydrants + Wet Sprinkler System. Utilities: Electric, gas, municipal water/sewer on site. 2023 Taxes: $20,243 Location Advantage: Located within the dynamic O'Hare/Northwest Submarket, 700 Bonnie Lane offers immediate access to Rt-83, I-90, and Busse Rd. The area supports hundreds of logistics, tech, and light manufacturing businesses. This is one of the most sought-after industrial condo zones in the northwest suburbs due to its strong infrastructure, proximity to airport freight corridors, and workforce accessibility. Ideal For: Owner-users needing move-in-ready flex space Light manufacturers, trades, or assembly operations Warehouse and distribution users Tech, automation, or e-commerce support operations Offered at: $640,000 ($148.84/SF) Showings: By appointment only - 24-hour notice required.
Property Features
Property Type: Commercial - Industrial
Cooling: Central Air
Lot Size: 0.10 Acres
Roof Type: Metal, Rubber
Stories: 1.0
Taxes: $20,243
Year Built: 1973
Feature Descriptions
Current Use: Commercial
Electric: Service - 201 to 600 Amps
Exterior: Concrete, Block, Brick
Fire Protection: Hydrants On Site, Sprinklers-Wet
Flooring: Concrete, Tile
Foundation: Concrete Perimeter
Frontage Type: City Street, Public Road
HVAC: Ceiling Units, Gas
Location: Commercial Business Park, Industrial Park
Lot Dimensions: 253X232
Miscellaneous Indoor: Private Restroom/s
Number of Tenant(s): 0
Parcel#: 08271021341001
Parking: 31-50 Spaces
Potential Use: Commercial, Industrial
Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Repairs, Scavenger, Sewer, Other
Units: 1
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Listed By / Shown By
Listed By
Agency Name: Troy Realty Ltd
Agency Phone: 773-792-3000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
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700 Bonnie Lane | MLS# 12492743
This commercial property located at 700 Bonnie Lane, Elk Grove Village, IL 60007 is currently listed for sale with an asking price of $640,000. Search Elk Grove Village real estate on www.bhhscrosby.com today.