1041 Bonaventure Drive presents an opportunity to acquire a free-standing office building in Elk Grove Village, one of the Chicago region's most established business communities. The property consists of a three-unit, separately metered office building with existing tenant income in place, offering flexibility for investors seeking cash flow as well as owner-users requiring future occupancy options. Approximately 3,000 SF is available for lease or owner occupancy, creating additional upside through leasing or business expansion.
The asset has undergone significant capital improvements, including roof replacement and multiple HVAC unit replacements in 2017, along with extensive interior renovations completed between 2017 and 2019. Improvements include updated flooring, LED lighting, electrical and data upgrades, plumbing enhancements, remodeled ADA-accessible restrooms, kitchen installations, fire alarm system upgrades, fresh interior finishes, and parking lot repairs and resurfacing. These upgrades reduce near-term capital expenditure requirements and enhance functionality for a variety of office users.
The property benefits from direct access to Interstate 290 and Interstate 390, providing convenient connectivity throughout the Chicago metropolitan area and to O'Hare International Airport. Its location within Elk Grove Village places it near restaurants, retail amenities, entertainment options, and one of the region's largest concentrations of commercial and industrial employers. Combined with its flexible multi-tenant configuration, recent renovations, and established location, the property offers a compelling opportunity for investors and owner-users alike.