Property Listing No Longer Available for Sale

2200 East Higgins Road, Elk Grove Village, IL

Industrial for Sale - $1,300,000 - 3,900 Sq. Ft. on 1.13 acres


Property Info

CIMLS#951152
Location
  2200 East Higgins Road
  Elk Grove Village IL 60007
UpdatedAugust 25th, 2017
TypeIndustrial
Price$1,300,000
Building3,900 Sq. Ft.
Land1.13 acres

Property Description

This rare asset is being offered for the first time in 40+ years and includes all of the tools and equipment in this long tenured truck and diesel repair facility. In addition it provides an outstanding truck and trailer storage location, which is in high demand in this logistics corridor. The building is just over 65 feet deep to accommodate large tractor/trailer rigs and has high ceilings as well including a 2 1/2 ton crane, heaters, excellent lighting and strong electrical service. The property is owned free and clear.

Location Description:

Elk Grove Village is a village located in northeastern Illinois adjacent to O'Hare International Airport and the city of Chicago. The village is located primarily in Cook County with a small portion in DuPage County. The population was 33,127 at the 2010 census. As the name suggests, Elk Grove Village is home to a small herd of elk kept in a grove at the eastern edge of the Busse Woods forest preserve for which the grove is named. Elk are not native to the area but were brought from Montana by an early resident, Busse, in the 1920's.

Elk Grove Village, incorporated in 1956 in Elk Grove Township, was founded as a planned suburban community. The majority of houses were constructed by Centex Corporation. As part of the original planning concept, the village was to be home to separated residential and industrial areas.

Due to its proximity to O'Hare, voted the "Best Airport in America" ten years in a row and the busiest airport in the United States (going back and forth with Atlanta), the subject property is a rare offering of both highway close and airport close real estate. Its support of the trucking and logistics services centered around this location, make it an irreplaceable investment.

Highlights:

>> Outstanding Higgins Road Location (Highway 72)

>> Immediately West of Interstate 90

>> Across the Highway from the Illinois State Truck Testing Facility

>> Immediately North of O'Hare International Airport

>> Turn-Key Business Opportunity with Long Established Client List

>> Long Term Hold with High Barriers to Entry

>> Great owner user or investment property

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Financials


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