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    Elgin, IL
    Flex Space

    Elgin, IL Flex Space 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

    • Price @ 7% Cap

      $1.87M
      Suggested

    • Last Sold

      Apr 2010
      $975K

    • Property Type

      Industrial (General)
      Built 1987
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    Flex Warehouse with Drive-In Door
    Updated: Jun 23
    Flex Warehouse with Drive-In Door

    165 Prairie Lake Road, East Dundee, IL 60118

    $295,000
    Built in 2004 industrial condo/flex space with high 16‑foot ceilings
    Clear‑span warehouse with a 12' x 14' drive‑in door
    Bright finished office with new carpet installed
    200 amp, 3‑phase power included for most operational needs
    M‑1 zoning allows light manufacturing, storage, distribution, or office/showroom uses
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    Flex Warehouse with Drive-In Doors
    Flex Warehouse with Drive-In Doors

    1175 Jansen Farm Court, Elgin, IL 60123

    $2,000,000
    12,400 sqft 1.12 AC lot

    Versatile flex/warehouse building can be split into three units with drive-in loading and office space.

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    Leased Flex-Retail Investment Building
    Leased Flex-Retail Investment Building

    1 South Liberty Street, Elgin, IL 60120

    $699,000
    5,523 sqft

    A fully leased flex/retail building with recent improvements and four tenants.

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    Renovated Flex and Office Building
    Renovated Flex and Office Building

    330 E IL RTE 22, Lake Zurich, IL 60010

    $6,380,232
    71,688 sqft

    Move-in-ready flex space with fully modernized offices, new HVAC, and a recently replaced roof.

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    Industrial Flex Unit with Office
    Industrial Flex Unit with Office

    1390 Gateway Drive, Elgin, IL 60124

    Contact for pricing
    23,040 sqft

    Industrial flex space with up to 4,100 square feet of office and 20’ ceiling height for modern operations.

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    Industrial Building with 10-Ton Crane
    Industrial Building with 10-Ton Crane

    1525 Holmes Road, Elgin, IL 60123

    Contact for pricing
    18,500 sqft 2.12 AC lot

    Versatile industrial facility with 20-foot clear height, 800 amps power, and an on-site 10-ton crane plus office space.

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    Elgin Industrial Space Available
    Elgin Industrial Space Available

    340 Renner Dr, Elgin, IL 60123

    Contact for pricing
    20,000 sqft 6.19 AC lot

    Flexible industrial space for lease with easy access to I-90.

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    Class A Facility in Prairie Stone
    Class A Facility in Prairie Stone

    2600 Forbs Ave, Hoffman Estates, IL 60192

    Contact for pricing
    90,000 sqft

    90,000 SF Class A facility in Prairie Stone Business Park.

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    Versatile Facility with Balanced Space
    Versatile Facility with Balanced Space

    1717 Gifford Rd, Elgin, IL 60120

    Contact for pricing
    442,601 sqft 20.50 AC lot

    Secure facility with warehouse, office space, and ample parking.

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    Industrial/Office Condo For Sale
    Industrial/Office Condo For Sale

    713 Rose Road, Lake Zurich, IL 60047

    $799,900

    Industrial/office condo with private offices, kitchen, and warehouse.

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    Lake Barrington Flex Space Available
    Lake Barrington Flex Space Available

    22285 N Pepper Road #100, Barrington, IL 60010

    $240,000
    9.84 AC lot

    Flex space in Lake Barrington's industrial and business district.

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    Flex Industrial Retail Building
    Flex Industrial Retail Building

    1525 Fleetwood Dr, Elgin, IL 60123

    Contact for pricing
    8,000 sqft

    Flex building offers a high-clear warehouse ceiling, exterior loading dock, and remodeled office with showroom space.

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    Flex Building with Drive-In Door
    Flex Building with Drive-In Door

    619 East Chicago Street, Elgin, IL 60120

    Contact for pricing
    8,100 sqft

    Freestanding flex building with a drive-in door, large indoor parking/warehouse area, and a storefront for business use.

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    Industrial Condo with Office
    Industrial Condo with Office

    785 Oakwood Road, Ste. E-102, Lake Zurich, IL 60047

    Contact for pricing

    Well-maintained industrial condo includes office space, a skylight, one drive-in door, and full sprinkler system.

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    Flex and Retail Building
    Flex and Retail Building

    1250 Larkin Ave, Elgin, IL 60123

    Contact for pricing
    16,692 sqft

    For-sale retail building offering approximately 16,692 SF of flexible space.

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    Modern Flex Space in Chicagoland
    Modern Flex Space in Chicagoland

    2600 Forbs Avenue, Hoffman Estates, IL 60192

    Contact for pricing
    90,000 sqft

    90,000 sqft flex space in the heart of Chicagoland.

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    Warehouse with Office and Multiple Bays
    Warehouse with Office and Multiple Bays

    410 Telser Rd, Lake Zurich, IL 60047

    Contact for pricing
    1.50 AC lot

    Flex-style warehouse includes 1,792 SF of office and features three drive-in doors and three dock doors.

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    Flex Space with Dock and Offices
    Flex Space with Dock and Offices

    1558 Todd Farm Dr, Elgin, IL 60123

    Contact for pricing

    Flex property with front offices and a back warehouse/manufacturing area, plus common dock and drive-in door.

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    Multi-Unit Industrial Flex Facility
    Multi-Unit Industrial Flex Facility

    2360 Vantage Dr, Elgin, IL 60124

    Contact for pricing

    Multi-tenant industrial building on 2.62 acres with three units, loading docks, drive-in doors, and newly constructed office space.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Elgin, IL, we suggest to view alternatives - similar 3 Off-Market properties to explore as potential leads.

    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.

    Randall Rd. & Big Timber Rd
    Flex space

    0 Randall Rd. & Big Timber Rd, Elgin, IL 60123

    Value Estimation by Request
    323,980 sqft 22.97 AC lot
    View details
    1403A Timber Dr
    Flex space

    1403A Timber Dr, Elgin, IL 60123

    Value Estimation by Request
    23,690 sqft
    View details
    440 Airport Rd
    Churches & religious facilities

    440 Airport Rd, Elgin, IL 60123

    Value Estimation by Request
    View details

    Elgin, IL Flex Space Market Trends and Statistics

    Explore 23 flex space for sale in Elgin, IL, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 818,944 square feet of properties for sale, with an estimated market value of $12,414,132.

    Sale prices for business spaces in Elgin, IL start at $240,000, averaging $1,773,447, and reaching up to $6,380,232 — 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

    Flex space 18
    Manufacturing properties 9
    Distribution centers 6
    Truck terminals 5

    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
    60123 $1.5M

    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

    • 60123
    • 60047
    • 60120
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    • 60192
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