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    2585 Millennium Dr, Unit G Elgin, IL 60124

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    For Sale
    $425,000

    2,921 SF industrial/office condo with drive-in door and high ceilings.

    Property size:
    2,921 SF

    Property Features for 2585 Millennium Dr

    General Information

    Size
    2,921 SF

    Building Details

    Year built
    2006

    Source: Sharon O'Leary Agent Sharon O'Leary

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

    Overview

    Elgin Industrial/Office Condo For Sale

    This 2,921 square foot industrial/office condo is available for sale in the Elgin Westpoint Center Business Park. The property features approximately 2,000 square feet of office space spread across two levels, including a second-floor mezzanine. The warehouse component also offers approximately 2,000 square feet of space and includes a 14-foot drive-in door and 18-foot ceiling height. The office area is equipped with multiple private offices, a conference room, two restrooms, a kitchen, and a front reception area. The property benefits from its location off Randall Road and Big Timber Road within the Elgin Westpoint Condo business park, approximately 2 miles from the I-90 and Randall Road interchange. The property has 200A/277 480V Electric.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pumps & Process Equipment ... Equipment Rental Agency JVDB & Associates Inc Financial Consultant Lawent Paul Attorney Tifomy Technologies Corporate Office Fox Valley Internet Internet Service Provider

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.3497244
    Latitude
    42.0629566

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    FAQs

    What type of property is this?
    Warehouse - 2,921 SF industrial/office condo with drive-in door and high ceilings.
    Where is this warehouse located?
    The property is located at 2585 Millennium Dr, Unit G Elgin, IL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Convenient location: just 2 miles to I-90 and Randall Road interchange.; - 2,921 SF Industrial/Office Condo featuring approximately 2,000 SF of office space and 2,000 SF of warehouse space.; - 14' Drive-in Door provides easy warehouse access.
    (630) 688-7483
    Request Owner's contact information
    2585 Millennium Dr, Unit G Elgin, IL 60124
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    Elgin, IL 60124
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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
    2585 Millennium Dr, Unit G Elgin, IL 60124
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