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    1200 Spaulding Rd Elgin, IL 60120

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    For Sale
    $3,300,000

    4.4 acre industrial site with 3,200 SF building.

    Property size:
    3,200 SF
    Lot size:
    3.55 Acres

    Property Features for 1200 Spaulding Rd

    General Information

    Size
    3,200 SF
    Lot size
    3.55 Acres

    Source: NAI Hiffman | Oakbrook Terrace Agent Jack Brennan

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

    Overview

    Elgin Industrial Site For Sale

    This property features a 3,200-square-foot building on a 4.4-acre land site. The site is fenced and includes a security gate. Utilities include well and septic. The zoning is Unincorporated Elgin Township and is included in Elgin’s Comprehensive plan as General Industrial for any future annexation. Real estate taxes for 2020 payable in 2021 were $40,546. The property is suitable for a truck facility or contractor’s yard and can accommodate outdoor storage. It can be delivered vacant or with short-term tenants in place. Short term leases allow for tremendous upside. It is an ideal single or two-tenant facility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Express Trailer Inc Mover Bluff City Materials Sand & Gravel Supplier

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.242131
    Latitude
    42.004388

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    FAQs

    What type of property is this?
    Truck terminal - 4.4 acre industrial site with 3,200 SF building.
    Where is this truck terminal located?
    The property is located at 1200 Spaulding Rd Elgin, IL.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - Rare 4.4-acre site suitable for outdoor storage.; - Ideal for truck facility or contractor’s yard.; - 3,200 SF building with fenced yard and security gate.
    (630) 932-1234
    Request Owner's contact information
    1200 Spaulding Rd Elgin, IL 60120
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    Elgin, IL 60120
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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 Spaulding Rd Elgin, IL 60120
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