South Elgin, IL Commercial Real Estate for Sale

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Bartlett, IL Elgin, IL St Charles, IL

16 properties

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Updated: Jan 21

Premium Office Condo For Sale

460 Briargate Drive #500, South Elgin, IL 60177

$575,000

2,763 sqft

Premium Class A office condo buildout with vaulted ceilings and custom built‑ins.
Located in the robust retail corridor along Randall Road.
Owner‑user opportunity: own for less than renting.
Total condo size: 2,763 +/- sf (Unit 400: 1,190 sf, Unit 500: 1,573 sf).
Located in Thornwood Professional Center, South Elgin, IL 60177.

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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

6.6%
Above avg (5.9%)
Est. NOI

$38K
Annual
Mortgage

$950K
Mar 2021
Property Type

Commercial (General)
Built 2004

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Updated: Apr 15, 2025

Mixed-Use Strip Center with Parking

375-395 E State Street, South Elgin, IL 60177

$670,000

8,880 sqft · 0.32 AC lot

High‑visibility corner lot location on a high‑traffic corridor.
Strong income potential with below‑market leases on two retail units.
Vacant second‑floor office space provides immediate leasing opportunity or owner‑occupant use.
Mixed‑use property with three retail units and office space offers flexible use options.
Ample on‑site parking.

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Automotive Service Building

430 N McLean Boulevard, South Elgin, IL 60177

$2,477,050

7,326 sqft

For sale automotive service property with strong regional access in the Fox Valley corridor near major arterial routes.

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Medical Office Condo Suite

460 Briargate Dr Ste 150, South Elgin, IL 60177

$405,000

Well-appointed suite with exam rooms, waiting area, and built-in reception for medical or professional office use.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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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Premium Office Condo For Sale

460 Briargate Drive #500, South Elgin, IL 60177

$575,000

2,763 sqft

Two-unit office condo in South Elgin's Thornwood Professional Center.

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South Elgin Retail Opportunity

436 N Randall Rd, South Elgin, IL 60177

$4,000,000

21,734 sqft

Retail space available for sale in South Elgin, Illinois.

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Veterinary Portfolio in Chicago Suburbs

477 Briargate Dr, South Elgin, IL 60177

$7,539,295

19,500 sqft

Three properties, 100% leased to Mission Pet Health.

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Commercial Land at Lighted Intersection

430 North McLean Boulevard, South Elgin, IL 60177

$196,020

5 sqft

Approximately 0.50 acres of commercial land for sale.

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South Elgin Retail Investment Opportunity

436 S Randall Rd, South Elgin, IL 60177

$4,000,000

21,734 sqft

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

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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

Contact for pricing

57 sqft

Land available for commercial and industrial development in South Elgin.

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Vacant Retail Building For Sale

474 Redington Dr, South Elgin, IL 60177

$2,500,000

11,569 sqft

11,569 SF vacant retail building adjacent to Randall and Thornwood.

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57 Acres Development Land

1150 N La Fox St, South Elgin, IL

Contact for pricing

57.00 AC lot

57-acre site suitable for commercial and industrial development.

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Class A Medical Office Building

2000 McDonald Rd, South Elgin, IL

Contact for pricing

32,415 sqft · 3.28 AC lot

Class A medical office building with strong tenancy.

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Prime Land Near Otter Creek

500 South Randall Road, South Elgin, IL 60177

$2,350,000

18.00 AC lot

18 acres suitable for retail, commercial, and multi-family 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.

Commercial Land Near Randall Road

Mcdonald Rd, Elgin, IL

$599,000

0.87 AC lot

Commercial land ideal for various uses near major retailers.

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Established Restaurant and Bar Opportunity

Hoffman Estates, IL 60102

Contact for pricing

10,076 sqft · 1.93 AC lot

Turnkey restaurant and bar with seating for over 300.

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Vacant Land on Randall Road

Hoffman Estates, IL 60123

$750,000

1 sqft

Vacant commercial land with high visibility and direct access.

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Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000

40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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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

$890,000

Estimated value

11,985 sqft · 1.08 AC lot

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COMMERCIAL (GENERAL)

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

$730,000

Estimated value

6,480 sqft · 0.64 AC lot

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COMMERCIAL (GENERAL)

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

Value Estimation by Request

2,117 sqft · 0.43 AC lot

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INDUSTRIAL (GENERAL)

660 Schneider Dr, South Elgin, IL 60177-1154

$845,000

Estimated value

13,500 sqft · 1.04 AC lot

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COMMERCIAL (GENERAL)

465 Briargate Dr, South Elgin, IL 60177-2225

Value Estimation by Request

8,216 sqft · 1.85 AC lot

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COMMERCIAL (GENERAL)

410 Mclean Blvd, South Elgin, IL 60177-1419

$650,000

Estimated value

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COMMERCIAL (GENERAL)

116 State St, South Elgin, IL 60177-2049

Value Estimation by Request

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 111,704 square feet of properties for sale, with an estimated market value of $23,081,365.

Sale prices for business properties in South Elgin, IL start at $196,020, averaging $2,308,136, and reaching up to $7,539,295 — 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	$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

375-395 E State Street, South Elgin, IL 60177

430 N McLean Boulevard, South Elgin, IL 60177

460 Briargate Dr Ste 150, South Elgin, IL 60177

460 Briargate Drive Unit 500, South Elgin, IL 60177

460 Briargate Drive #500, South Elgin, IL 60177

436 N Randall Rd, South Elgin, IL 60177

477 Briargate Dr, South Elgin, IL 60177

430 North McLean Boulevard, South Elgin, IL 60177

436 S Randall Rd, South Elgin, IL 60177

310 N LaFox Street, South Elgin, IL 60177

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

474 Redington Dr, South Elgin, IL 60177

1150 N La Fox St, South Elgin, IL

2000 McDonald Rd, South Elgin, IL

500 South Randall Road, South Elgin, IL 60177

Opportunities in Nearby Cities

Mcdonald Rd, Elgin, IL

Hoffman Estates, IL 60102

Hoffman Estates, IL 60123

40 Acres Randall Road, 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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