Unveiling The $10 Million Hub: What’s Inside The Massive 95,000 Sq Ft Industrial Fortress At 2301 Lively Blvd, Elk Grove Village

The address 2301 Lively Blvd in Elk Grove Village, Illinois, represents more than just a pin on a map; it is a vital nexus within the Chicago Metropolitan Area's most coveted industrial corridor. As of late 2024, this massive facility stands as a testament to the enduring strength and strategic importance of the Elk Grove Village Business Park, which is celebrated as one of the largest industrial parks in the United States. This location’s proximity to O'Hare International Airport (ORD) makes it a prime target for distribution, logistics, and manufacturing operations that require immediate access to major transportation infrastructure. This deep dive reveals the current occupants, the building's specifications, and why this specific property continues to be a crucial player in the fiercely competitive Chicagoland industrial real estate market, where the industrial vacancy rate has recently dropped to historic lows. The property's history, current usage, and potential future developments are intrinsically linked to the economic vitality of DuPage County and the broader Midwest supply chain.

The Anchor Tenant and Property Profile

The primary business associated with the 95,575 square-foot facility at 2301 Lively Blvd is Darpet Inc.. Darpet Inc. is a well-established company specializing in the distribution and sales of high-quality interior doors, exterior doors, trim, and mouldings. Their presence at this address solidifies the building's role as a major distribution facility and warehouse operation within the region.

Detailed Property Specifications

The structure itself is a classic piece of the Elk Grove Village industrial landscape, built in 1972 and designed for heavy-duty commercial operations.

• Address: 2301 Lively Blvd, Elk Grove Village, IL 60007.
• Property Type: Industrial (General) / Warehouse / Distribution Facility.
• Building Size: 95,575 square feet (sq ft).
• Lot Size: Approximately 194,713 square feet (4.47 acres).
• Year Built: 1972.
• APN/Parcel ID: 03-03-102-006 (DuPage County Tax Records).
• Key Features: The facility is noted for having shared infrastructure, ample loading docks, and high-clearance warehouse space, typical of a large-scale logistics hub.

The building's large footprint and strategic location on Lively Boulevard—a key artery within the industrial park—make it an essential asset for Darpet Inc.’s supply chain, allowing them to efficiently manage inventory and distribution of their extensive product line, which includes various door styles, hardware, and trim options.

The Elk Grove Village Industrial Market Context (2024 Update)

To truly appreciate the value and significance of 2301 Lively Blvd, one must understand the current state of the Elk Grove Village industrial market. The area, often referred to as the "Title Town of the Industrial Midwest," is experiencing a monumental boom in 2024, driving property values and lease rates to unprecedented levels.

A Market Defined by Scarcity and Demand

The Elk Grove Village Business Park, a massive collection of industrial properties, is currently defined by extreme scarcity. The village has sustained a remarkable industrial vacancy rate below 5% for nine consecutive years, with the 2024 rate hitting a historic low of approximately 1.9%. This near-zero vacancy means that any available space, including the facility on Lively Blvd, is highly sought after by logistics providers, e-commerce fulfillment centers, and advanced manufacturing companies. The demand is largely fueled by the area’s central location and its unparalleled access to transport hubs. Being situated near O'Hare International Airport (ORD) and major interstates like I-90 and I-290, the property acts as a critical link for last-mile delivery and international shipping operations. This high demand is reflected in rising lease rates, with some properties in the area commanding rents upwards of $8.25 per square foot for expansion space.

The Sublease Opportunity: A Window into the Market

Adding a layer of intrigue to the property's profile is the recent listing for a sublease opportunity within the Darpet Inc. facility. Listings indicated that up to 50,000 square feet of warehouse space was available for sublease. This is a common strategy in a tight market, where a primary tenant like Darpet Inc. can monetize excess capacity by offering a portion of their fully operational distribution facility to another user. This sublease offering highlights several key topical entities:

• Shared Infrastructure: Subtenants benefit from existing utilities, security, and loading infrastructure without the massive upfront costs of a full build-out.
• Logistics Efficiency: The opportunity to occupy space in a well-located, large-scale distribution center is invaluable for smaller or expanding businesses seeking a footprint in the O'Hare submarket.
• Market Flexibility: Subleases offer a flexible, short-term solution for companies navigating the high-cost, low-inventory industrial real estate environment of 2024.

The availability of such a large block of space—even as a sublease—is a significant event in a market where sub-50,000 square-foot leases are maintaining heightened activity.

The Future of 2301 Lively Blvd and the Industrial Corridor

The long-term outlook for 2301 Lively Blvd is inextricably tied to the continued economic success of Elk Grove Village's industrial park. The village government actively promotes the area, often investing in infrastructure and offering incentives to retain and attract high-value businesses, ensuring the continued relevance of major industrial addresses like this one.

Topical Authority and Key Entities

The property’s location is central to several high-value entities that drive its worth: * Manufacturing and Logistics: Elk Grove Village is a hub for both, making the warehouse an ideal site for companies requiring a blend of storage, assembly, and rapid transport. * O'Hare Submarket: The property falls directly within the O'Hare industrial submarket, which consistently outperforms other Chicago-area submarkets due to its strategic geographical advantage. * Property Investment: While the property's last recorded sale in public records was an anomaly from 2006, its current market valuation is likely in the tens of millions, reflecting the premium placed on industrial assets in DuPage County. Recent transactions in the area, such as the acquisition of similar industrial properties, underscore the aggressive investment climate that persists into 2024. In conclusion, 2301 Lively Blvd is far more than a simple warehouse; it is a critical piece of the Midwest’s supply chain infrastructure. Home to Darpet Inc., and occasionally offering a rare sublease opportunity, the facility is a tangible representation of the red-hot, low-vacancy industrial real estate market that defines Elk Grove Village in 2024. Its strategic location will ensure its status as a high-value industrial asset for years to come.

Detail Author:

• Name : Hosea Vandervort
• Username : parker.blair
• Email : cremin.collin@hotmail.com
• Birthdate : 1993-01-01
• Address : 86744 Kaycee Highway East Casimer, CO 52685-0486
• Phone : +1 (510) 509-3505
• Company : Nitzsche, Macejkovic and Conroy
• Job : Computer Systems Analyst
• Bio : Delectus et beatae quia architecto officiis. Ullam quaerat neque ut dolores distinctio natus. Voluptas magnam corporis ipsa.

Socials

tiktok:

• url : https://tiktok.com/@rudolphgrant
• username : rudolphgrant
• bio : Esse nulla et expedita temporibus eligendi eum commodi.
• followers : 4654
• following : 1251

instagram:

• url : https://instagram.com/rudolph_id
• username : rudolph_id
• bio : Ut et quos repudiandae aut itaque est. Alias suscipit quis libero sunt eveniet.
• followers : 1473
• following : 1289

facebook:

• url : https://facebook.com/rudolph.grant
• username : rudolph.grant
• bio : Ea assumenda delectus earum. Et corrupti inventore voluptatem dolores.
• followers : 5123
• following : 1356

linkedin:

• url : https://linkedin.com/in/rudolph_grant
• username : rudolph_grant
• bio : Vel voluptate hic atque debitis.
• followers : 142
• following : 2131