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Warehouse Flex Space with Office
For Lease
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1390 Gateway Dr, Elgin, IL 60124

Flex warehouse space offers up to 20’ ceiling height and includes office space plus 400-amp, 3-phase power.

Property Size11,520 SF
Days on Market1045

Property Features for 1390 Gateway Dr

General Information

Standard status Active
Size 11,520 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 20 ft
Office Build-Out 4,100 SF
Power 400 amps
Voltage 208 V
Three-Phase Power Yes

Additional Details

CAM $2.33 /USD/SF/YR

Amenities

Internet service provided by Comcast & AT&T
Listing Agency: Cawley Chicago
Listed By: Matt Garland
Source: Moodyscre
Added: Sep 21, 2023 Changed: Jul 29 Last Checked: Jul 30 at 9:02AM

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 Cawley Chicago

Investment Insights

Based on property information with market context.

This warehouse flex space is available for lease with office space included and ceiling height of 20’ under joists. The facility offers 400 amp service at 120/208V with 3-phase power, supporting a wide range of light industrial and warehousing needs.

The property is located in Elgin Corporate Center and provides convenient access to Interstate 90 via Randall Road. Internet service is provided by Comcast and AT&T.

Available space totals up to 23,040 square feet, including office space up to 4,100 square feet. Lease rate is subject to offer.

Key Highlights

  • Flex warehouse space offers up to 23,040 SF total available
  • Office space available up to 4,100 SF
  • 20’ ceiling height under joists in the warehouse area

Property Analytics

Current Use

Thermosystems, LLC HVAC Service Backer Heating Tech ... HVAC Service MultiCam North Central Industrial Manufacturer Powerhouse Competition Air Industrial Manufacturer

Suggested Use

Top Pick Restaurant Auto Repair Shop Grocery & Convenience Store Pharmacy Gym & Fitness Center Real Estate Agency

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

Lease Details

20 ft
Clear height
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

249
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

Lease Benchmarks for Elgin, IL

$88.84 /SF/Yr
Avg Asking Price
$9.5–$141 /SF/Yr
Price Range
9,427 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex warehouse space offers up to 20’ ceiling height and includes office space plus 400-amp, 3-phase power.
Where is this flex space located?
The property is located at 1390 Gateway Dr Elgin, IL.
What are key features of this property?
This property features: Flex warehouse space offers up to 23,040 SF total available; Office space available up to 4,100 SF; 20’ ceiling height under joists in the warehouse area
(312) 339-9015 Call to check price and availability
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