Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    39 Highland Ave Elgin, IL

    For Lease
    $11 SF/Yr ($2,750 /Mo)

    3,000 SF industrial unit with ample parking and easy access.

    Property size:
    3,000 SF
    Lot size:
    2.95 Acres

    Property Features for 39 Highland Ave

    General Information

    Size
    3,000 SF
    Lot size
    2.95 Acres

    Source: Premier Commercial Realty Agent Sharon Glasshof

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

    Overview

    Elgin Industrial Unit For Rent

    This 3,000 SF industrial unit features 400 amp, 220V, 3-phase power. The unit includes a dock and is fully heated and air conditioned. Ample parking is available. The location is quiet and provides easy access to expressways. The lease rate is $11 per square foot on a modified gross basis, plus a 20% share of the 2023 taxes, which amounts to $1.06 per square foot. The total monthly cost is $3,014.61, including the base rent and the current share of taxes.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Building Supply Dental Office Auto Repair Shop Department Store Kitchen & Bath HVAC Service Electrical Service Electronics Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

    Nearby Similar for Lease

    • $19 SF/Yr

      Elgin Office Suite For Lease

      Professional office suite in high-traffic commercial district, ideal for various businesses.
      1 American Way, Elgin, IL 60120
      View Details
    • $12 SF/Yr

      Elgin Office Units For Rent

      Office units available, sizes vary from 600 to 1400 SF.
      217 N Mclean Blvd, Elgin, IL 60123
      View Details
    • $19 SF/Yr

      Downtown Elgin Office Suites Available

      Office suites for rent in downtown Elgin landmark building.
      77 S Riverside Dr, Elgin, IL 60120
      View Details
    • $15 SF/Yr

      Downtown Elgin Office Space Available

      Office space in downtown Elgin with flexible configurations.
      80 S Grv Ave, Elgin, IL 60120
      View Details
    • $16 SF/Yr

      Elgin Restaurant and Event Space

      Former bar and event space in downtown Elgin available for rent.
      76 S Grv Ave, Elgin, IL 60120
      View Details
    • $12 SF/Yr

      Elgin Office Space For Rent

      Well-maintained Elgin office building with spacious 3240 SF unit.
      1750 Grandstand Pl, Elgin, IL 60123
      View Details

    FAQs

    What type of property is this?
    Flex space - 3,000 SF industrial unit with ample parking and easy access.
    Where is this flex space located?
    The property is located at 39 Highland Ave Elgin, IL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - 3,000 SF industrial unit.; - Benefit from **400 amp, 220V, 3 phase power.**; - **Dock with ample parking** available.
    (847) 533-6974
    Request Owner's contact information
    39 Highland Ave Elgin, IL
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    39 Highland Ave
    Elgin, IL
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    39 Highland Ave Elgin, IL
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.