Flex and Industrial Warehouse
For Lease
$9.50 SF/Yr
1380 Gateway Dr, Elgin, IL 60124
Well-appointed flex/industrial units with 19-foot ceilings and strong parking for everyday logistics and operations.
Space Size11,520 SF
Property Size52,000 SF
Days on Market92
Property Features for 1380 Gateway Dr
General Information
Standard status
Active
Size
11,520 SF
Property subtype
Industrial
Lease Term
Net
Additional Details
Highway Access
Yes
Clear Height
19 ft
Building Details
Building Size
52,000 SF
Spaces For Lease
at 1380 Gateway Dr Contact us- Size
- 11,520 SF
- Term
- Negotiable
4 & 5 $9.50/SF/Yr
Listing Agency:
Cawley Chicago
(312) 339-9015
Listed By:
Matt Garland
(312) 339-9015
Source:
Cawleycre
Added: Jun 2
Changed: Aug 31
Last Checked: Sep 1 at 4:51PM
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 flex and industrial warehouse opportunity offers 19,000 square feet currently available, including Units 4 and 5 totaling 11,520 square feet. The space features a 19-foot ceiling height, helping support a range of light industrial and operational needs. Ample parking is available at a 2:1,000 ratio, supporting employee and visitor access for day-to-day business.
Located in Elgin Corporate Center, the property provides convenient access to Interstate 90 via Randall Road and places tenants within about 30 minutes of O’Hare. On-site internet service is supported by Comcast and AT&T, reducing lead time for connectivity when setting up operations. The available configuration is well-suited for organizations that need flexible warehouse and workspace use under one roof.
Ideal for tenants seeking a practical, ready-to-operate distribution or light industrial facility with meaningful vertical clearance, this space is also a strong fit for teams that value straightforward access and parking capacity. With a portion of the availability presented as Units 4 and 5, it may work well for operators looking for a defined suite size within a larger industrial offering.
Located in Elgin Corporate Center, the property provides convenient access to Interstate 90 via Randall Road and places tenants within about 30 minutes of O’Hare. On-site internet service is supported by Comcast and AT&T, reducing lead time for connectivity when setting up operations. The available configuration is well-suited for organizations that need flexible warehouse and workspace use under one roof.
Ideal for tenants seeking a practical, ready-to-operate distribution or light industrial facility with meaningful vertical clearance, this space is also a strong fit for teams that value straightforward access and parking capacity. With a portion of the availability presented as Units 4 and 5, it may work well for operators looking for a defined suite size within a larger industrial offering.
Key Highlights
- 52,000 SF building with 19,000 SF available, including Units 4 & 5 at 11,520 SF
- 19' ceiling height in the available space
- Parking provided at a 2:1,000 ratio
Property Analytics
Property Profile
Current Use
Lease Details
19 ft
Clear height
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$12.88 /SF/Yr
Avg Asking Price
$8–$17.4 /SF/Yr
Price Range
66,537 SF
Avg Space Size
This space is priced 26% below the average of $12.88 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Well-appointed flex/industrial units with 19-foot ceilings and strong parking for everyday logistics and operations.
Where is this flex space located?
The property is located at 1380 Gateway Dr Elgin, IL.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: 52,000 SF building with 19,000 SF available, including Units 4 & 5 at 11,520 SF; 19' ceiling height in the available space; Parking provided at a 2:1,000 ratio
