Commercial Development Land with
For Sale
Contact for pricing
695 S State St., Elgin, IL 60123
Land site currently used as offices, positioned one property south of the Rt. 31/Rt. 20 interchange.
Property SizeContact for details
Days on Market121
Property Features for 695 S State St.
General Information
Standard status
Active
Property subtype
Land, Special Purpose
Listing Agency:
Brown Commercial Group Inc
(847) 828-2871
Listed By:
Maria McNeil · License #IL 475164320
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 1:33PM
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 Brown Commercial Group Inc
Investment Insights
Based on property information with market context.
This development land site is currently used as offices for a non-profit organization. The property presents a redevelopment opportunity for industrial or commercial uses, with flexibility for build-to-suit arrangements for either purchase or lease.
The site is located one property south of the full Rt. 31/Rt. 20 (Lake Street) interchange, placing it within an active commercial corridor. Public remarks cite strong area demographics and Kane County workforce support, with multiple business parks in the vicinity.
As presented, the asset combines existing office use with redevelopment potential, supporting tenants and buyers looking for a build-to-suit solution.
The site is located one property south of the full Rt. 31/Rt. 20 (Lake Street) interchange, placing it within an active commercial corridor. Public remarks cite strong area demographics and Kane County workforce support, with multiple business parks in the vicinity.
As presented, the asset combines existing office use with redevelopment potential, supporting tenants and buyers looking for a build-to-suit solution.
Key Highlights
- Land site currently used as offices for a non‑profit organization
- Positioned one property south of the Rt. 31/Rt. 20 (Lake Street) interchange
- Ready for industrial or commercial redevelopment
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Explore this area
Business Placement
Demographics for 60123, IL
47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land site currently used as offices, positioned one property south of the Rt. 31/Rt. 20 interchange.
Where is this commercial land located?
The property is located at 695 S State St. Elgin, IL.
What are key features of this property?
This property features: Land site currently used as offices for a non‑profit organization; Positioned one property south of the Rt. 31/Rt. 20 (Lake Street) interchange; Ready for industrial or commercial redevelopment
