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    1200 E Chicago St Elgin, IL

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    For Sale
    Contact for pricing

    27,150 SF former car dealership on 7.21 acres.

    Property size:
    27,150 SF
    Lot size:
    5.14 Acres

    Property Features for 1200 E Chicago St

    General Information

    Size
    27,150 SF
    Lot size
    5.14 Acres
    Source: Moodyscre

    Listing Agent: Mario Melone

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

    Overview

    Former Dealership on 7.21 Acres

    This property features a +/- 27,150 square foot building, formerly an automobile dealership, situated on approximately 7.21 acres. The zoning is commercial. The site benefits from strong area demographics and a substantial daytime population. Some furniture, fixtures, and equipment from the former car dealership are included. The property offers significant frontage and visibility on Chicago Street (Route 19), along with multiple points of ingress and egress on Chicago Street (Route 19).
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

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    FAQs

    What type of property is this?
    Specialty property - 27,150 SF former car dealership on 7.21 acres.
    Where is this specialty property located?
    The property is located at 1200 E Chicago St Elgin, IL.
    What are key features of this property?
    This property features: - Substantial frontage/visibility on Chicago Street (Route 19); - Site area is approximately 7.21 acres; - Multiple points of ingress/egress on Chicago Street (Route 19)
    (312) 935-1400
    Request Owner's contact information
    1200 E Chicago St Elgin, IL
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    Elgin, IL
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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
    1200 E Chicago St Elgin, IL
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