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303 Elgin Ave Elgin, IL 60120

Sponsored
For Sale
$1,450,000

COMMERCIAL - Elgin, IL

Property size:
9,500 SF
Lot size:
0.90 Acres
Days on Market:
1
Last Refresh:
Jan 28 at 9:06 am

Property Features for 303 Elgin Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
0624377005
Size
9,500 SF
Lot size
0.90 Acres

Utilities

Cooling system
Central Air

Building Details

Year built
1950
Floors in Building
1

We can help!

Listing Contact
Aimee Corbett

Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2411

Listing agent Aimee Corbett (630) 417-8853

Listing date Jan 28, 2026

MLS# 12556114

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.

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Property Insight Report

Overview

Elgin Industrial Building with Heavy Power

This industrial building, suitable for large-scale production and heavy machinery, features 2,000 amps of 240 3-phase power. The brick and block construction is situated on 0.9067 acres. Historically used for injection molding, the property is equipped with a gantry system that includes three 2-ton hoists, three 1-ton hoists, and a 2-ton jib crane, plus an additional 3-ton chain hoist. The main 8,300 square foot building includes a 10' x 10' overhead door and three mezzanines providing over 1,200 square feet of additional usable space. One heated and cooled mezzanine serves as a warehouse office. The other two mezzanines have 1.5" cross-planked floors suitable for heavy storage. A large 42' x 40' room is also heated and cooled and houses one of the 2-ton hoists. A 4,680 square foot addition, constructed in 2016, features 16' clear ceilings, one 12' x 12' overhead door, and one 14' x 16' high overhead door, both with openers. The main building's roof was replaced in 2016 with a 50-year Flexicore EPDM roof, which still has 10 years of warranty remaining. Updated in 2018, the building has a 350k BTU unit heater and two 100k BTU furnaces. The building is piped for air, including 15 and 20 HP air compressors, and features water cooler lines throughout, with a chiller mount on the roof, plus multiple floor drains. The office space is approximately 1,600 square feet and includes a private executive office. Updated LED lighting is installed throughout. Fire safety features include radio alarm monitoring, and a security system is in place. There are 40 parking spaces located in the front, side, and rear of the building. There is room to add a loading dock and truck parking to the east. The property offers immediate access to Route 20 and is in close proximity to I-90.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Plastic Specialties Inc Plastic Fabrication Company

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Elgin
County
Cook
State
Illinois
Longitude
-88.2743503
Latitude
42.0161989

FAQs

What type of property is this?
Manufacturing property - Manufacturing-ready industrial building with heavy power, cranes, and recent upgrades.
Where is this manufacturing property located?
The property is located at 303 Elgin Ave Elgin, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: - Heavy Power: 2,000 amps of 240 3-phase power.; - Gantry System: Includes multiple hoists and cranes.; - Heavy Load Capacity: Brick and block construction with heavy load floors and two mezzanines.
More about this property
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