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    617 N State St Elgin, IL 60123

    For Lease
    Contact for pricing

    29,338 SF industrial building with 2,800 SF office space.

    Property size:
    29,338 SF
    Lot size:
    29,338 SF

    Property Features for 617 N State St

    General Information

    Size
    29,338 SF

    Building Details

    Year built
    1956

    Source: Bruce Granger Agent Bruce Granger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elgin Industrial Building with Office

    This is a 29,338 square foot industrial building with 2,800 square feet of office space available for rent. The freestanding building is well-maintained and situated on a 1.2+ acre lot. The warehouse space accounts for 24,200 square feet of the total area and is fully air conditioned. The building features one exterior dock and three drive-in doors. It has a clear height ranging from 12 to 18 feet. The property is located in close proximity to the Northwest Tollway in Elgin, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Similar Places Nearby

    Public Storage, Public Storage

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2945853
    Latitude
    42.0484676

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    FAQs

    What type of property is this?
    Warehouse - 29,338 SF industrial building with 2,800 SF office space.
    Where is this warehouse located?
    The property is located at 617 N State St Elgin, IL.
    What are key features of this property?
    This property features: - 29,338 SF industrial building featuring 2,800 SF of office space.; - Convenient location offers close proximity to Northwest Tollway.; - Features 3 drive-in doors and 1 exterior dock.
    (708) 987-0811
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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
    617 N State St Elgin, IL 60123
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