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    Elgin, IL

    Elgin, IL Commercial Real Estate for Sale

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    Versatile Commercial Building in Elgin
    Updated: Apr 9
    Versatile Commercial Building in Elgin

    1175 Jansen Farm Court, Elgin, IL 60123

    $2,000,000
    12,400 sqft · 1.12 AC lot
    Versatile 12,400 SF commercial building on 1.12 acres suitable for industrial, flex, or specialty uses.
    Divisible into three separate units for owner‑users or investors.
    Recent capital improvements: New roof (2021) and five HVAC units (2023, 2024) with UV sanitation lighting.
    Functional layout with three drive‑in doors, one exterior dock with leveler, and 14' ceiling heights.
    Includes 2,700 SF of well‑appointed office space with reception area, private offices, and lunchroom/cafeteria.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1175 Jansen Farm Court, Elgin, IL 60123

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    • Est. Cap Rate

      6.5%
      Above avg (5.9%)

    • Est. NOI

      $131K
      Annual

    • Mortgage

      $682K
      Apr 2010

    • Last Sold

      Apr 2010
      $975K

    • Property Type

      Industrial (General)
      Built 1987
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    Elgin Two-Story Commercial Building
    Updated: Mar 9
    Elgin Two-Story Commercial Building

    20-24 Douglas Avenue, Elgin, IL 60120

    $895,000
    14,000 sqft · 0.19 AC lot
    High‑visibility, recognizable 14,000 SF brick building on a corner lot with multiple storefronts/addresses.
    Versatile space suitable for office, retail, or residential conversion.
    Recent upgrades include new roofs with 6" insulation, updated HVAC, updated electrical with copper wiring, and new exterior paint.
    Features a Generac backup generator and upgraded water main service ready for sprinkler system installation.
    Original architectural details such as 14'-16' tin ceilings combined with modernized upgrades.
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    Elgin Industrial Building with Heavy Power
    Elgin Industrial Building with Heavy Power

    303 Elgin Avenue, Elgin, IL 60120

    $1,450,000
    9,500 sqft · 0.90 AC lot

    Manufacturing-ready industrial building with heavy power, cranes, and recent upgrades.

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    Restaurant-Included Retail Strip Center
    Restaurant-Included Retail Strip Center

    100 W Main Street, Barrington, IL 60010

    $3,199,900
    0.26 AC lot

    Retail strip center with multiple active tenants and an included restaurant, positioned near Barrington’s train station.

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    Executive Office Condominium Suites
    Executive Office Condominium Suites

    3 Executive Court, South Barrington, IL 60010

    $525,000

    Two office suites with private entrances and flexible open work areas inside a Class A executive office complex.

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    Barrington Commercial Opportunity For Sale
    Barrington Commercial Opportunity For Sale

    201 S Cook Street, Barrington, IL 60010

    $950,000
    0.35 AC lot

    Established flower shop in downtown Barrington with parking lot.

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    Private Office Suite with Five Offices
    Private Office Suite with Five Offices

    1531 S Grove Avenue, Barrington, IL 60010

    $139,500
    0.31 AC lot

    Well-finished office suite in the Harris Office Complex with five private offices, conference room, waiting area, and secure storage.

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    Ground-Floor Office Condo Suite
    Ground-Floor Office Condo Suite

    2000 Larkin Avenue, Elgin, IL 60123

    $150,000

    Ground-floor office suite with natural light and 11 rooms, currently set up as dental and general office space.

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    Freestanding Office Building on Corner Lot
    Freestanding Office Building on Corner Lot

    613 Bryant Avenue, Barrington, IL 60010

    $299,000
    0.20 AC lot

    Two-story office with private parking and prominent corner placement on Northwest Highway, ready for renovation or adaptive reuse.

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    Single-Story Brick Office Building
    Single-Story Brick Office Building

    530 N Mclean Boulevard, Elgin, IL 60123

    $389,000
    0.26 AC lot

    Stand-alone office on a corner lot with parking for 13–18 and a 2022 roof, offered for sale as-is.

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    Historic Ice House Mall Opportunity
    Historic Ice House Mall Opportunity

    200 Applebee Street, Barrington, IL 60010

    $2,995,000
    1.73 AC lot

    Iconic mixed-use property in the heart of Barrington, Illinois.

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    Flex Warehouse with Drive-In Door
    Flex Warehouse with Drive-In Door

    165 Prairie Lake Road, East Dundee, IL 60118

    $295,000

    Flex warehouse condo with bright office space, clear-span storage, and a drive-in door for practical light industrial use.

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    Landmark Mixed-Use Development Site
    Landmark Mixed-Use Development Site

    206 N Cook Street, Barrington, IL 60010

    $3,495,000
    2.01 AC lot

    Landmark downtown site with COMMR zoning, suited for hotel or mixed-use with street-level retail.

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    Shadow-Anchored Retail Strip Center
    Shadow-Anchored Retail Strip Center

    2-16 Tyler Creek Plaza, Elgin, IL 60123

    $3,324,000
    10,825 sqft

    Five-tenant strip center anchored by a remodeled grocery provides a built-in retail mix for durable day-to-day traffic.

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    Mixed-Use Live-Work Property
    Mixed-Use Live-Work Property

    435 Washington Street, Elgin, IL 60123

    $279,000
    0.44 AC lot

    Residential income and a separate vacant commercial building offer RB-zoned flexibility for owner-users or investors.

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    Retail Strip Mall with Ample Parking
    Retail Strip Mall with Ample Parking

    114-120 S. Northwest Hwy, Barrington, IL 60010

    $2,959,000
    5,780 sqft

    Versatile retail storefront property with ample parking and easy access for customers in a mixed residential and commercial area.

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    Elgin Land For Sale
    Elgin Land For Sale

    441 S Mclean Boulevard, Elgin, IL 60123

    $199,900
    1.62 AC lot

    Commercial land with great location and exposure in Elgin, IL.

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    Medical-Ready Office Condo Suite
    Medical-Ready Office Condo Suite

    3 Executive Court #4, South Barrington, IL 60010

    $550,000

    Well-appointed office condo with two private offices and flexible open work areas, plus parking in a Class A complex.

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    Harris Office Complex Suite
    Harris Office Complex Suite

    1531 S Grove Avenue #201, Barrington, IL 60010

    $147,900
    1,800 sqft · 0.31 AC lot

    Private office suite in the heart of the Village.

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    Infill Retail-Adjacent Development Land
    Infill Retail-Adjacent Development Land

    37W156 McDonald Road South, Elgin, IL 60177

    $568,458

    Infill commercial lot off a high-traffic retail intersection, suited for quick-service or light automotive uses.

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    Stabilized Shopping Center For Sale
    Stabilized Shopping Center For Sale

    2300-56 West Higgins Road |, Hoffman Estates, IL 60169

    $9,375,000
    101,769 sqft · 11.01 AC lot

    Well-maintained shopping center with long-term tenants and recent improvements.

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    Office Investment Property
    Office Investment Property

    120-130 Washington St., W, Dundee, IL 60118

    $709,000

    A for-sale office building suited for investors seeking income potential in a mixed-use commercial setting.

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    Elgin Office Suite For Sale
    Elgin Office Suite For Sale

    2000 Larkin Avenue, Elgin, IL 60123

    $99,900

    Ground floor office suite with natural light in Elgin.

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    South Barrington Office Headquarters
    South Barrington Office Headquarters

    12 Executive Ct, S Barrington, IL

    $1,900,000
    12,116 sqft · 1.46 AC lot

    Corporate headquarters for sale in South Barrington, Illinois.

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    Elgin, IL Commercial Real Estate Market Trends and Statistics

    Explore 157 commercial real estate for sale in Elgin, IL, showcased through 157 active listings on our real estate platform. These investment opportunities span a total of 697,918 square feet of properties for sale, with an estimated market value of $105,891,536.

    Sale prices for business properties in Elgin, IL start at $147,900, averaging $1,960,954, and reaching up to $9,500,000 — 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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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60124 $1.1M
    60123 $1.3M
    60120 $2.4M

    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

    Property Size Breakdown

    The majority of commercial real estate listings in Elgin fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Elgin, IL

    • 60010
    • 60123
    • 60047
    • 60120
    • 60118
    • 60169
    • 60192
    • 60124
    • 60102

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