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Former Dealership on 7.21 Acres
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1200 East Chicago Street, Elgin, IL 60120

27,150 SF former car dealership on 7.21 acres.

Property Size27,150 SF
Lot Size7.21 Acres
Days on Market140

Property Features for 1200 East Chicago Street

General Information

Standard status Active
Size 27,150 SF
Lot size 7.21 Acres
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Mario Melone · License #475150504
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 10 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Chicago

Investment Insights

Based on property information with market context.

The property is a former automobile dealership encompassing approximately 27,150 square feet on a 7.21-acre site. The property is zoned commercial and includes some furniture, fixtures, and equipment. It features substantial frontage and visibility on Chicago Street (Route 19), along with multiple points of ingress and egress on Chicago Street (Route 19). The location benefits from strong area demographics and a significant daytime population.

Key Highlights

  • Substantial frontage and visibility on Chicago Street (Route 19)
  • Large site area of approximately 7.21 acres
  • Commercial zoning

Property Analytics

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

328
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 29%
Hopkins Ford of Elgin, Inc. Shops & Services
2,720 visits/mo 0.2 miles
SUBWAY Dining
1,491 visits/mo 0.5 miles
Public Storage Shops & Services
901 visits/mo 0.4 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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Similar Off Market Nearby

  • Enterprise Rent-A-Car 910 E Chicago St, Elgin, IL 60120
  • U-Haul Neighborhood Dealer 150 Woodview Dr, Elgin, IL 60120
  • Hertz Car Rental - Elgin - Route 19 HLE 1350 E Chicago St, Elgin, IL 60120

Frequently Asked Questions

What type of property is this?
Automotive property - 27,150 SF former car dealership on 7.21 acres.
Where is this automotive property located?
The property is located at 1200 East Chicago Street Elgin, IL.
What are key features of this property?
This property features: Substantial frontage and visibility on Chicago Street (Route 19); Large site area of approximately 7.21 acres; Commercial zoning
More about this property
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