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    400 Riv Rdg Dr Elgin, IL 60123

    Under Contract
    For Sale
    $1,390,000

    Commercial Sale - Elgin, IL

    Property size:
    8,743 SF
    Lot size:
    0.87 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 400 Riv Rdg Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    0334326043
    Size
    8,743 SF
    Lot size
    0.87 Acres

    Utilities

    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1980
    Architectural style
    Other

    Keller Williams Success Realty (847) 456-6334 [email protected]

    Listing agent Dawn Bremer (847) 456-6334 License #475168070

    Listing date Nov 19, 2025

    MLS# 12386116 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

    Versatile Office and Warehouse Space

    Located at 400 River Ridge Dr in Elgin, IL, this brick building offers over 8,000 square feet of office space and a warehouse of approximately 3,500 square feet. The property is divisible into three separate office spaces, providing flexibility for various business models. It is suitable for growing companies or investors looking to attract tenants. The combination of office and warehouse space makes it a versatile choice for businesses needing both administrative and logistical capabilities. The property has a prime location with easy access to I-90. Ample parking is available for staff and clients. The property is zoned COMMR and sits on a lot of 0.87 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.3691
    Latitude
    42.0339

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    FAQs

    What type of property is this?
    Office building - 8,000+ sqft brick building with office and warehouse space.
    Where is this office building located?
    The property is located at 400 Riv Rdg Dr Elgin, IL.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: - Over 8,000 sq ft of versatile office space with a **3,500 sq ft warehouse**.; - Divisible into three separate office spaces for flexible business models or investment opportunities.; - **Prime location with easy access to I-90**.
    (847) 456-6334
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    400 Riv Rdg Dr Elgin, IL 60123
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    Elgin, IL 60123
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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
    400 Riv Rdg Dr Elgin, IL 60123
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