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    1401-1405 W Timber Dr Elgin, IL

    For Lease
    $12 SF/Yr ($2,800 /Mo)

    Office and warehouse space with mezzanine storage near I-90.

    Property size:
    2,800 SF
    Lot size:
    1.01 Acres

    Property Features for 1401-1405 W Timber Dr

    General Information

    Size
    2,800 SF
    Lot size
    1.01 Acres

    Source: Premier Commercial Realty Agent Sharon Glasshof

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

    Overview

    Office and Warehouse Space Available

    This property features 2,332 square feet of office space, including five private offices, a conference room, and two ADA-compliant bathrooms. Additionally, there is a 468-square-foot warehouse with approximately 800 square feet of mezzanine storage. The unit is situated on Timber Drive, within an industrial park. The location provides convenient access to I-90 via Randall Road or Route 31 and is within a few blocks of the Metra Station off Big Timber Road. The property is suitable for flex space, industrial, office, and warehouse uses.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

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    FAQs

    What type of property is this?
    Flex space - Office and warehouse space with mezzanine storage near I-90.
    Where is this flex space located?
    The property is located at 1401-1405 W Timber Dr Elgin, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Convenient access to I-90 via Randall Rd or Route 31.; - Includes office space (2,332 SF) and warehouse space (468 SF + 800 SF mezzanine).; - Close proximity to the Metra Station off Big Timber Rd.
    (847) 533-6974
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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
    1401-1405 W Timber Dr Elgin, IL
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