Leading Edge Realty Advisors: Commercial Real Estate in Elk Grove Village, Illinois
Elk Grove Village, Illinois has a strong economy boasting the one of the largest industrial parks in North America. With a population of approximately 31,000 residents, Elk Grove Village has experienced significant economic growth over the years with infrastructure upgrades and new developments. The key industries of Elk Grove Village, Illinois are manufacturing, transportation and logistics, data centers, wholesale trade, and professional services.
Elk Grove Village, Illinois Industrial Real Estate Market
According to CoStar and market data, there are approximately 1,154 industrial properties in Elk Grove Village, Illinois, consisting of warehouses, distribution centers, and manufacturing facilities suited for logistics and production needs. These properties are primarily located in the Elk Grove Village Business Park, the largest in North America with 62 million square feet, along Busse Road and Higgins Road. Additional properties exist in corridors such as Elmhurst Road and Morse Avenue. There are several newly constructed or redeveloped industrial properties in Elk Grove Village, including data center conversions and expansions like T5 Data Centers' 36MW facility and Prime Data Centers' 150MW campus. With its proximity to O’Hare Airport and major highways like I-90 and I-294, this thriving industrial community offers prime opportunities for businesses growth. Contact Leading Edge Realty Advisors, your trusted commercial real estate broker, to explore available industrial property for rent or sale.
Elk Grove Village, Illinois Retail Real Estate Market
According to CoStar and market data, there are approximately 130 retail properties in Elk Grove Village, Illinois, consisting of shopping centers, grocery-anchored strip malls, mixed-use developments, standalone buildings, and neighborhood retail spaces. Elk Grove Village retail thrives along Higgins Road, Busse Road, and in commercial centers, hosting everything from lifestyle centers to new mixed-use projects. Leading Edge Realty Advisors is actively involved in the local retail market and can assist with commercial property management and leasing in this area as a top property commercial real estate company.
Elk Grove Village, Illinois Office Real Estate Market
According to CoStar and market data, there are approximately 55 office properties in Elk Grove Village, Illinois, consisting of Class A, B, C, medical office, office-business park properties, and co-working and flexible office spaces. These properties are concentrated in the business park areas along Elmhurst Road and Bonnie Lane, with notable activity in office-flex spaces. With its diverse office spaces and prime location near O’Hare International Airport, Elk Grove Village is ideal place to conduct business. Contact Leading Edge Realty Advisors, a leading commercial real estate agency, to identify your perfect office solution today.
Our Property Management Services in Elk Grove Village, Illinois
Leading Edge Realty Advisors manages numerous properties in neighboring areas and is available to manage your commercial property in Elk Grove Village, Illinois.. Please contact us at 847-868-5745 if you are interested in learning more about our real estate services.
Why You Should Relocate or Expand Your Business to Elk Grove Village, Illinois.
Elk Grove Village, Illinois offers an excellent environment for business relocation or expansion, with its strategic location near O’Hare International Airport and major highways such as I-90 and I-294. Elk Grove Village has access to a skilled workforce supported by high wages and an educated population where over 50% hold a bachelor’s degree or higher. Recent infrastructure investments from 2020-2025 include the Elk Grove 2025 capital plan with $125 million for public facilities, roads, streetscaping, and bicycle/pedestrian projects; data center infrastructure enhancements like power grid upgrades; road improvements on Tonne Road; and participation in Rebuild Illinois for transportation and connectivity. Contact Leading Edge Realty Advisors to leverage these advantages and secure a spot for your business.