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    158 Edison Ave Elgin, IL 60123

    Sponsored
    For Sale
    $1,250,000

    15,000 sq ft, 5,000 sq ft office, great location.

    Property size:
    15,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 15,000-square-foot industrial building presents a remarkable opportunity for businesses seeking a versatile and strategically located space in Elgin, Illinois. The property boasts a substantial 5,000 square feet of dedicated office space, ideal for administrative functions and executive offices. Two convenient loading docks ensure efficient loading and unloading operations, streamlining logistics and maximizing productivity. Ample on-site parking is available for employees and visitors, eliminating parking hassles and providing convenience. Further enhancing its functionality, the property includes additional outside storage garages, offering valuable extra space for equipment, inventory, or materials. Situated in the heart of Elgin, this property benefits from excellent accessibility, making it an ideal location for businesses involved in transportation, distribution, or other operations requiring convenient access to major transportation routes. The property's prime location and well-designed layout offer significant potential for expansion and operational efficiency, making it an attractive investment for a wide range of commercial and industrial enterprises. This is a rare opportunity to acquire a well-equipped and strategically positioned property in a thriving business environment. The combination of office space, loading docks, ample parking, and external storage makes this a truly versatile and attractive option.

    Property Features for 158 Edison Ave

    General Information

    Property type
    Investment properties
    Square Feet
    15,000 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Williams Healthcare Systems ... Medical Equipment Manufacturer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.30479
    Latitude
    42.03723

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    FAQs

    What type of property is this?
    Investment property - 15,000 sq ft, 5,000 sq ft office, great location.
    Where is this investment property located?
    The property is located at 158 Edison Ave Elgin, IL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    (847) 922-5501
    Request Owner's contact information
    158 Edison Ave 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
    158 Edison Ave Elgin, IL 60123
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