Listing Agency: The Boulder Group Show Phone

Listed By: Randy Blankstein · License #IL 471005983

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 3:04PM

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Investment Insights

Based on property information with market context.

This retail property is offered for sale and is described in the listing remarks with an indicated 8.50% CAP. The offering is sized at 109,850 SF.

The property is located at 955 E Chicago Street in Elgin, Illinois (60120).

Key Highlights

• Retail property offered for sale with an indicated 8.50% cap rate
• Total building area: 109,850 SF

Property Analytics

Current Use

Retail space

Suggested Use

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

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

367

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 60% Electronics 40%

Hopkins Ford of Elgin, Inc. Shops & Services

2,720 visits/mo 0.2 miles

Metro by T-Mobile Electronics

933 visits/mo 0.5 miles

Boost Mobile Electronics

885 visits/mo 0.5 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with an indicated 8.50% CAP.

Where is this retail space located?

The property is located at 955 E Chicago Street Elgin, IL.

What are key features of this property?

This property features: Retail property offered for sale with an indicated 8.50% cap rate; Total building area: 109,850 SF