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Warehouse with Indoor Equipment Parking
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11N024 RIPPBURGER Road, Elgin, IL 60124

Commercial Lease, Elgin, IL

Space SizeContact for details
Lot Size2.50 Acres
Days on Market83

Property Features for 11N024 RIPPBURGER Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning INDUS
Directions RUSSELL ROAD TO RIPPBURGER--TAKE GRAVEL ROAD ON S.SIDE OF RR TRACK TO END.
Subdivision Elgin
Standard status Active
Lot size 2.50 Acres

Building Details

Year built 1970
Floors in Building 1
Flooring type Concrete
Building materials Steel Siding
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Ben Henrikson · License #475091643
Added: Jun 12 Changed: Aug 19 Last Checked: Sep 2 at 4:06PM
MLS# 12676196

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This steel-sided warehouse, built in 1970, provides a concrete-floored setting for warehouse and storage operations, along with indoor parking for trucks and equipment. The building includes a 16-foot-high overhead door and recently installed LED lighting. Heat and water are not provided.

The property encompasses 2.5 acres at 11N024 Rippburger Road in unincorporated Kane County’s Plato Township near Elgin, Illinois. It is zoned INDUS, with additional parking available. The site’s configuration supports storage-focused use and indoor vehicle or equipment parking, subject to applicable requirements.

Key Highlights

  • 2.5‑acre warehouse property in unincorporated Kane County
  • 16' high overhead door
  • Indoor truck and equipment parking setup

Property Analytics

Current Use

American Shelter Technologies Construction Company

Suggested Use

Top Pick Building Supply Electrical Service Dental Office Auto Repair Shop HVAC Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60124, IL

24,859
Population
8,806
Households
2.8
Avg Household Size
42
Median Age
50%
College-Educated
96%
High-School Grad
38.2 sq mi
ZIP Area
651
Density / Sq Mi
$135,350
Median Household Income
$66,217
Median Earnings
$1,956
Median Rent
$403,300
Median Home Value

Market

Lease Benchmarks for Elgin, IL

$12.13 /SF/Yr
Avg Asking Price
$7.5–$17 /SF/Yr
Price Range
113,977 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial space offers concrete flooring, LED lighting, and truck and equipment storage capability.
Where is this warehouse located?
The property is located at 11N024 RIPPBURGER Road Elgin, IL.
What are key features of this property?
This property features: 2.5‑acre warehouse property in unincorporated Kane County; 16' high overhead door; Indoor truck and equipment parking setup
More about this property
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