South Elgin, IL Commercial Real Estate for Sale

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Updated: Jan 21

Two-Unit Live-Work Condo with Vaulted Ceilings

460 Briargate Drive #500, South Elgin, IL 60177

$597,000

2,763 sqft

Two‑unit live‑work office condo in Thornwood Professional Center
Vaulted ceilings with custom built‑ins
Total size 2,763 +/- SF
Unit 400: 1,190 SF
Unit 500: 1,573 SF

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This listing looks promising.

Here's a quick look at some key insights for

460 Briargate Drive #500, South Elgin, IL 60177

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Est. Cap Rate

6.4%
Above avg (5.9%)
Est. NOI

$38K
Annual
Mortgage

$950K
Mar 2021
Property Type

Commercial (General)
Built 2004

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Updated: Jun 28

Automotive Service Building

430 N McLean Boulevard, South Elgin, IL 60177

$2,477,050

7,326 sqft

Automotive service property located in Kane County in the Fox Valley corridor.
South Elgin is approx. 40 miles west of downtown Chicago.
Regional access via Illinois Route 31, U.S. Route 20, Randall Road, and convenient access to Interstate 90.
Located within the Elgin–St. Charles–Geneva trade area.
Remarks include 6.00% (as provided in the listing information).

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Furnished Office Condo For Sale

460 Briargate Drive Unit 500, South Elgin, IL 60177

$549,000

15,430 sqft

Class A office condominium in South Elgin, Illinois.

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Commercial Land at Lighted Intersection

430 North McLean Boulevard, South Elgin, IL 60177

$196,020

5 sqft 0.50 AC lot

Approximately 0.50 acres of commercial land for sale.

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Single-Tenant Warehouse and Manufacturing

655 Sundown Rd, South Elgin, IL 60177

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18,935 sqft 1.16 AC lot

Warehouse and manufacturing facility with 15’–22’ clear height, three dock-high doors, one grade-level door, and a 2021 TPO roof.

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Renovated Office Building

1497 N LaFox Street, South Elgin, IL 60177

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2,362 sqft 0.23 AC lot

Recently renovated office building offering multiple private offices within a 0.23-acre site.

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Single-Tenant Retail Building

554 South Randall Road, South Elgin, IL 60177

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2,989 sqft 1.01 AC lot

2,989 SF single-tenant retail building on a 1.01-acre parcel in the B-2 Community Business District.

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Multi-Tenant Medical Office Building

2000 McDonald Road, South Elgin, IL 60177

$12,200,000

Professionally managed office property with medical, business, and early learning occupants near Randall Road.

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Veterinary Portfolio in Chicago Suburbs

477 Briargate Dr, South Elgin, IL 60177

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19,500 sqft

Three properties, 100% leased to Mission Pet Health.

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South Elgin Retail Investment Opportunity

436 S Randall Rd, South Elgin, IL 60177

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21,734 sqft

New construction retail space with long-term lease in affluent area.

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Leased Office Condominium Units

81-87 S McLean Blvd, South Elgin, IL 60177

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3,560 sqft

Four leased office condominium units total 3,560 Sf, with three current tenants and one unit temporarily vacant.

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Commercial Land with B-2 Zoning

1120 W Spring St, South Elgin, IL 60177

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B-2 zoned commercial land site suitable for commercial and multifamily development.

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Profitable Gaming Property For Sale

310 N LaFox Street, South Elgin, IL 60177

$75,000

Recently renovated gaming property available for purchase.

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South Elgin Land Opportunity

SEC Stearns Rd. & McLean Blvd., South Elgin, IL 60177

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57 sqft

Land available for commercial and industrial development in South Elgin.

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Full-Service Gas Station

380 N. La Fox St, South Elgin, IL 60177

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Full-service BP station with diesel, convenience store, and a hand car wash operation.

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57 Acres Development Land

1150 N La Fox St, South Elgin, IL

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57.00 AC lot

57-acre site suitable for commercial and industrial development.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in South Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Two-Unit Food Processing Warehouse

1450 Bowes Rd, Elgin, IL 60123

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104,532 sqft

Two separately demised warehouse units, including a food manufacturing space with a dedicated cooler.

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Retail Suite with Salon Buildout

2375 Bowes Road 600, Elgin, IL 60123

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1,366 sqft

Retail unit in a strip center, built out with plumbing and high-end finishes currently used as a salon.

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Signalized Intersection Commercial Land

40 Acres Randall Road, Elgin, IL 60123

$10,000,000

40.40 AC lot

AGRIC-zoned tract with adjacent water and sewer and potential for mixed-use development.

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Walmart Outlot Land Opportunity

1100 S Randall Rd (Pad 2), Elgin, IL 60123

Contact for pricing

8.84 AC lot

8.84 acres of commercial land, Walmart outlot.

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Off-Market Properties in South Elgin, IL

Consider similar Off-Market properties in South 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.

INDUSTRIAL (GENERAL)

840 Schneider Dr, South Elgin, IL 60177-2641

$410,000

Estimated value

11,985 sqft 1.08 AC lot

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COMMERCIAL (GENERAL)

1600 La Fox St, South Elgin, IL 60177-1248

$355,000

Estimated value

6,480 sqft 0.64 AC lot

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COMMERCIAL (GENERAL)

210 La Fox St, South Elgin, IL 60177-1614

$275,000

Estimated value

2,117 sqft 0.43 AC lot

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INDUSTRIAL (GENERAL)

660 Schneider Dr, South Elgin, IL 60177-1154

$415,000

Estimated value

13,500 sqft 1.04 AC lot

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COMMERCIAL (GENERAL)

465 Briargate Dr, South Elgin, IL 60177-2225

$2,680,000

Estimated value

8,216 sqft 1.85 AC lot

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COMMERCIAL (GENERAL)

410 Mclean Blvd, South Elgin, IL 60177-1419

$460,000

Estimated value

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COMMERCIAL (GENERAL)

116 State St, South Elgin, IL 60177-2049

$320,000

Estimated value

4,460 sqft 0.26 AC lot

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COMMERCIAL (GENERAL)

534 Randall Rd, South Elgin, IL 60177-3315

Unit 34

$4,060,000

Estimated value

5,006 sqft 1.47 AC lot

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South Elgin, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in South Elgin, IL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 94,661 square feet of properties for sale, with an estimated market value of $16,094,070.

Sale prices for business properties in South Elgin, IL start at $75,000, averaging $2,682,345, and reaching up to $12,200,000 — 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 48K

Population Growth (5Y) +6.6%

Median Household Income $129,570

College Educated 59.5%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
60177	$1.2M

Taxes & Financing

Tax Rate (average for all types) 8.57%

Property Tax per SF $92.24 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kane County

New Delisted

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South Elgin, IL Commercial Real Estate for Sale

460 Briargate Drive #500, South Elgin, IL 60177

430 N McLean Boulevard, South Elgin, IL 60177

460 Briargate Drive Unit 500, South Elgin, IL 60177

430 North McLean Boulevard, South Elgin, IL 60177

655 Sundown Rd, South Elgin, IL 60177

1497 N LaFox Street, South Elgin, IL 60177

554 South Randall Road, South Elgin, IL 60177

2000 McDonald Road, South Elgin, IL 60177

477 Briargate Dr, South Elgin, IL 60177

436 S Randall Rd, South Elgin, IL 60177

81-87 S McLean Blvd, South Elgin, IL 60177

1120 W Spring St, South Elgin, IL 60177

310 N LaFox Street, South Elgin, IL 60177

SEC Stearns Rd. & McLean Blvd., South Elgin, IL 60177

380 N. La Fox St, South Elgin, IL 60177

1150 N La Fox St, South Elgin, IL

Opportunities in Nearby Cities

1450 Bowes Rd, Elgin, IL 60123

2375 Bowes Road 600, Elgin, IL 60123

40 Acres Randall Road, Elgin, IL 60123

1100 S Randall Rd (Pad 2), Elgin, IL 60123

Off-Market Properties in South Elgin, IL

840 Schneider Dr, South Elgin, IL 60177-2641

1600 La Fox St, South Elgin, IL 60177-1248

210 La Fox St, South Elgin, IL 60177-1614

660 Schneider Dr, South Elgin, IL 60177-1154

465 Briargate Dr, South Elgin, IL 60177-2225

410 Mclean Blvd, South Elgin, IL 60177-1419

116 State St, South Elgin, IL 60177-2049

534 Randall Rd, South Elgin, IL 60177-3315

South Elgin, IL Commercial Real Estate Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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