700 BONNIE Lane
Elk Grove Village, IL, 60007 $ 640,000
Bedrooms-- Baths-- Sq 4,300 Monthly Estimate*
$ 3,993
for $640,000. This 4,300 square foot building was built in 1973 on a lot size of 0.098714.
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.
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FeaturesGeneralCooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing
Roof Metal Rubber
Zoning INDUS
Construction Materials Concrete Block Brick
Year Built 1973
Electric Service - 201 to 600 Amps
Tenant Pays Common Area Maintenance Electricity Heat Taxes Repairs Scavenger Sewer Other
Stories Count 1
Township Elk Grove
Property Subtype Condominium
Tax Year 2023
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 3000
Property Type Commercial Sale Industrial
Possible Use Commercial Industrial
Status Active
Directions North on Howard to Landmeir from Rt 83 to Bonnie.
City Elk Grove Village
Number Of Units Total 1
MLS Area Elk Grove Village
Lot Size Square Feet 4300
Tax Annual Amount 20243
Additional Parcels Y/N N
Leasable Area 4100
Standard Status Active
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ExteriorWater Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 4300
Lot Dimensions 253X232
Frontage Type City Street Public Road
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* Excluded FeaturesList Byandrewolszowka@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,993
- Monthly Property Taxes
- $1,687
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Elk Grove Village, IL
Average List Price $1,763,000
Percent of Sale Price 175%
About Elk Grove Village, IL 32,422 Population
-11% Since 2002
$ 70,511 Median Income
43.23 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/12/2025 | $640,000 | | Listed Price |