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NAI Hiffman and RealINSIGHT Marketplace are pleased to present for sale 1299 Lunt Avenue, an industrial warehouse/distribution asset located in Elk Grove Village, Illinois (the “Property”). The Property consists of a one-story, multi-unit, industrial building totaling 22,345 SF, constructed in 1975 on ~1.46-acres. 1299 Lunt Avenue sits within the preeminent O’Hare Industrial Submarket and offers an investor a “value-add” opportunity through an aggressive lease-up and capital improvement plan.

 

Investment Highlights

 

- O’Hare industrial submarket

- Building and suite size is a match for market demand

- Fenced in outdoor storage

- Building sets up well for freight forwarding and/or logistics company-both prominent users in O’Hare

- Potential for tax incentives

- Ideal for a user owner

 

 

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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

1299 Lunt Avenue - Elk Grove Village Industrial

1299 Lunt Avenue, Elk Grove Village, IL 60007

Sold Subject To

Asset Snapshot

  • Asset Type
  • Real Estate
  •  
  • Industrial Type
  • Distribution
  • Property Size
  • 22,345 Sq Ft
  • Land Area
  • 1.46 Acres
  • Year Built
  • 1975
  • Number of Floors
  • 1
  • Number of Buildings
  • 1
  • Parking Count
  • 39
  • Occupancy
  • 0%
  • Occupancy as of
  • Sep 30, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Scott Bowers

      c/o Fisher Auction Company Inc.

      License: #040000273