Listing Agency: CBRE | Chicago

Listed By: Mario Melone · License #475150504 Show Phone

Source: Cbre

Added: Mar 27 Changed: Oct 19 Last Checked: Oct 19 at 4:07AM

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Investment Insights

Based on property information with market context.

This commercial real estate offering features a retail property with a size of 27,150 square feet. The property is located in Elgin, Illinois.

Key Highlights

• No property information was provided to analyze.

Property Analytics

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Current Use

Elgin Auto Sales ... Car Dealership

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

276

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 71% Dining 29%

Hopkins Ford of Elgin, Inc. Shops & Services

2,720 visits/mo 0.3 miles

SUBWAY Dining

1,491 visits/mo 0.3 miles

Public Storage Shops & Services

901 visits/mo 0.2 miles

Demographics for 60120, IL

50,799

Population

17,112

Households

3

Avg Household Size

35

Median Age

19%

College-Educated

74%

High-School Grad

17.4 sq mi

ZIP Area

2,919

Density / Sq Mi

$80,305

Median Household Income

$37,495

Median Earnings

$1,250

Median Rent

$227,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail property - 27,150 SF retail property available in Elgin, Illinois.

Where is this retail property located?

The property is located at 1200 East Chicago Street Elgin, IL.

What are key features of this property?

This property features: No property information was provided to analyze.