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    Net Leased Bank Building
    Updated: Apr 10
    Net Leased Bank Building

    2000 Big Timber Rd, Elgin, IL 60123

    Contact for pricing
    2.00 AC lot
    Single‑tenant net leased Bank of America property; lease expires June 30, 2021
    Bank of America ceased operations in November 2014, but tenant remains obligated to fulfill the remaining lease term
    2‑acre site located on the northwest corner of Big Timber Road and North Lyle Avenue in Elgin, IL
    Directly north of the Big Timber Road Metra Station, with access to I‑90 via North Randall Road and North State Street (Route 31)
    I‑90 traffic count of 80,400 vehicles per day; connects Elgin to downtown Chicago (~40 miles southeast)
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Iconic Palatine Commercial Redevelopment Opportunity
    Iconic Palatine Commercial Redevelopment Opportunity

    180 N Smith St, Palatine, IL

    $2,500,000
    21,500 sqft 1.06 AC lot

    21,500 SF building with redevelopment potential in downtown Palatine.

    View details
    New U.S. Bank Ground Lease
    New U.S. Bank Ground Lease

    1297 E Higgins Rd, Schaumburg, IL 60173

    $4,500,000
    3,870 sqft

    New construction U.S. Bank ground lease in Schaumburg, Illinois.

    View details
    Retail, Land, Special Purpose
    Retail, Land, Special Purpose

    180 N Smith St, Palatine, IL 60067

    $2,500,000
    21,500 sqft 1.00 AC lot

    Mixed-use properties · 21,500 SF

    View details
    Schaumburg Former Bank Branch Facility
    Schaumburg Former Bank Branch Facility

    275 S Roselle Rd, Schaumburg, IL 60193

    $2,100,000
    8,184 sqft

    Vacant 8,184 SF bank branch on Roselle Road.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

    1.71 acre outparcel ideal for retail, restaurant, or office.

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    Hard-Lighted Corner Development Site
    Hard-Lighted Corner Development Site

    -- Highway 412, E Kenwood, Siloam Springs, AR 72761

    $735,000
    8,252 sqft 1.47 AC lot

    Entitled, turn-key development parcel with hard-lighted corner and highway frontage off Hwy 412 for multiple commercial uses.

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    Commercial Land in Terrytown
    Commercial Land in Terrytown

    121 Holmes Boulevard, Terrytown, LA 70056

    $65,000

    Vacant commercial land ready for development in Terrytown, Louisiana.

    View details
    Cape Coral Commercial Land Opportunity
    Cape Coral Commercial Land Opportunity

    Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

    $1,692,300
    2.59 AC lot

    Corner property near US 41, approved for development.

    View details

    Off-Market Properties in Elgin, IL

    Consider similar Off-Market properties in Elgin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    850 Smt St
    FINANCIAL BUILDING

    850 Smt St, Elgin, IL 60120-4316

    Value Estimation by Request
    0.39 AC lot
    View details
    525 Waverly Dr
    FINANCIAL BUILDING

    525 Waverly Dr, Elgin, IL 60120-4083

    Value Estimation by Request
    1.01 AC lot
    View details
    500 Shady Oaks Dr
    FINANCIAL BUILDING

    500 Shady Oaks Dr, Elgin, IL 60120-5123

    Value Estimation by Request
    1.15 AC lot
    View details

    Elgin, IL Banks Market Trends and Statistics

    Explore 4 banks for sale in Elgin, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for bank buildings in Elgin, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 9
    Automotive properties 8
    Auto shops 5
    Storefront properties 5
    Showrooms 2

    Demographics Overview

    Population 124K
    Population Growth (5Y) +2.9%
    Median Household Income $93,679
    College Educated 31.3%

    Taxes & Financing

    Tax Rate (average for all types) 9.70%
    Property Tax per SF $55.97 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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