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    2450-2500 Northwest Pkwy Elgin, IL 60124

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    For Lease
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    145,836 SF distribution space with office/showroom in Elgin, IL.

    Property size:
    250,822 SF
    Lot size:
    250,822 SF

    Property Features for 2450-2500 Northwest Pkwy

    General Information

    Size
    250,822 SF

    Source: Steven Bass Agent Steven Bass

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

    Overview

    Elgin Distribution Space Available

    Located in Elgin, Illinois, 2450-2500 Northwest Parkway offers 145,836 square feet of high-efficiency distribution space. The property features 19 exterior docks and 2 drive-in doors. The building provides 30' clear height, ESFR sprinkler system, ample building parking, and 1200 amps / 480v / 3 phase power. There is 10,574 square feet of office/showroom space. The building has a total area of 250,822 square feet with 40' x 50' typical bay size. New LED lighting has been installed throughout the building, and the office area has new paint and carpet. This high-profile location is situated in a business park with on-campus amenities and multiple points of traffic-signaled access. It is professionally owned and managed with a full range of business services. The space is available for immediate occupancy.
    Location Intelligence

    Current Use by Public Records

    Distribution properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Hotel & Motel Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.339721
    Latitude
    42.0952407

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    FAQs

    What type of property is this?
    Distribution property - 145,836 SF distribution space with office/showroom in Elgin, IL.
    Where is this distribution property located?
    The property is located at 2450-2500 Northwest Pkwy Elgin, IL.
    What are key features of this property?
    This property features: - 145,836 sq. ft. high-efficiency distribution space; - Features 19 exterior docks and 2 drive-in doors; - 30' clear height
    (773) 426-7227
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    2450-2500 Northwest Pkwy 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
    2450-2500 Northwest Pkwy Elgin, IL 60124
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