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Multi-Unit Industrial Flex Facility
For Sale
Contact for pricing
Pending

2360 Vantage Dr, Elgin, IL 60124

Multi-tenant industrial building on 2.62 acres with three units, loading docks, drive-in doors, and newly constructed office space.

Property SizeContact for details
Days on Market121

Property Features for 2360 Vantage Dr

General Information

Standard status Pending
Property subtype Industrial
Listing Agency: Entre Commercial Realty LLC
Listed By: Mike DeSerto · License #IL 471.022108
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 1:32PM

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 Entre Commercial Realty LLC

Investment Insights

Based on property information with market context.

This 49,936-square-foot industrial flex facility sits on 2.62 acres and is arranged as three individual units: 19,570 SF, 15,796 SF, and 14,570 SF. Each unit includes approximately 20%+/- newly constructed office space. The property is described as well maintained and benefits from above-standard loading capabilities, including 6 docks and 3 drive-in doors, along with 24’ clear height and recent office improvements.

The building is located in the Northwest Corporate Park of Elgin, Illinois, with access described as being near a full interchange at I-90/Randall Road, providing convenient connectivity.

As currently presented, the property is net leased and described as having an average lease term of 3.25 years remaining. Ownership is also noted as willing to sign a 5-year lease term at the time of sale for unit 2370.

Key Highlights

  • 49,936 SF multi‑tenant, net‑leased facility on 2.62 acres with 3 units
  • Unit sizes: 19,570 SF, 15,796 SF, and 14,570 SF with ~20%+/- newly constructed office space
  • Loading includes 6 docks and 3 drive‑in doors for flexible industrial operations

Property Analytics

Current Use

Elgin Attic Insulation General Contractor Gumball Machine Factory.Com Big Box & Wholesale Store

Suggested Use

Top Pick Plumbing Service Storage Facility Garden Center Furniture & Home Goods Grocery & Convenience Store Bakery

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

273
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60124, IL

24,859
Population
8,806
Households
2.8
Avg Household Size
42
Median Age
50%
College-Educated
96%
High-School Grad
38.2 sq mi
ZIP Area
651
Density / Sq Mi
$135,350
Median Household Income
$66,217
Median Earnings
$1,956
Median Rent
$403,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-tenant industrial building on 2.62 acres with three units, loading docks, drive-in doors, and newly constructed office space.
Where is this flex space located?
The property is located at 2360 Vantage Dr Elgin, IL.
What are key features of this property?
This property features: 49,936 SF multi‑tenant, net‑leased facility on 2.62 acres with 3 units; Unit sizes: 19,570 SF, 15,796 SF, and 14,570 SF with ~20%+/- newly constructed office space; Loading includes 6 docks and 3 drive‑in doors for flexible industrial operations
More about this property
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