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    1385 E Chicago St Elgin, IL 60120

    For Lease
    $29 SF/Yr

    Business - Elgin, IL

    Type:Business
    Days on Market:
    153
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 1385 E Chicago St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Business
    Standard status
    Active
    Zoning
    INDUS

    Building Details

    Year built
    1978
    Architectural style
    Other

    GMC Realty LTD (630) 333-3940 [email protected]

    Listing agent Albert Presco (630) 994-3200 License #475127634

    Listing date Jul 15, 2025

    MLS# 12322093 Listing URL

    Copyright © 2025 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.

    Overview

    Elgin Auto Body Shop Lease

    This 9,200 square foot auto body shop is available for lease and can be divided into spaces ranging from 3,100 to 4,600 square feet. The property features seven drive-in doors, a paint booth, and floor drains. The interior can accommodate up to 12 cars. There is also 830 square feet of office space. The property includes 40 outside parking spaces. A minimum lease term of three years is required, subject to good credit. The property is located in Elgin, Illinois.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Ppg Collision Repair Center, Classic Auto Care, Gto Auto & Truck Repair 2 Service, A and A mechanic shop, Martin's Garage Auto Repair

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.237884
    Latitude
    42.028868

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    FAQs

    What type of property is this?
    Auto shop - 9,200 SF divisible auto body shop with seven drive-in doors.
    Where is this auto shop located?
    The property is located at 1385 E Chicago St Elgin, IL.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - 9,200 sq ft divisible auto body shop space.; - Features seven drive-in doors.; - Includes paint booth and floor drains.
    (630) 994-3200
    Request Owner's contact information
    1385 E Chicago St Elgin, IL 60120
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    1385 E Chicago St
    Elgin, IL 60120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1385 E Chicago St Elgin, IL 60120
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