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Industrial Flex Unit with Office
For Lease
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1390 Gateway Dr, Elgin, IL 60124

Flex industrial unit offers 20' ceiling height and 400-amp, 3-phase power with included office space.

Property Size7,600 SF
Days on Market749

Property Features for 1390 Gateway Dr

General Information

Standard status Active
Size 7,600 SF
Property subtype INDUSTRIAL
Lease Type NNN

Warehouse & Industrial

Clear Height 20 ft
Heavy Power Yes

Additional Details

Highway Access Yes

Amenities

Internet service provided by Comcast and AT&T
Listing Agency: Cawley Chicago
Listed By: Matt Garland
Source: Moodyscre
Added: Jul 12, 2024 Changed: Jul 26 Last Checked: Jul 29 at 3:19PM

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 industrial flex unit is available for lease within an Elgin corporate center, combining warehouse space with office improvements. The space includes approximately 1,060 square feet of office area, along with warehouse ceiling height of 20 feet under joists.

Power is listed at 400 amps, 120/208V, 3-phase. Convenient access to I-90 is available via Randall Rd, and the property is approximately 30 minutes to O’Hare.

The listing provides total available space of 7,600 square feet. Lease rate and additional cost figures are provided in the property details, along with internet service information via Comcast and AT&T.

Key Highlights

  • 7,600 SF total available with 1,060 SF office space
  • 20' ceiling height under joists
  • 400 Amp, 120/208V, 3‑phase power

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
Heavy power
Yes
Highway 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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flex industrial unit offers 20' ceiling height and 400-amp, 3-phase power with included office space.
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: 7,600 SF total available with 1,060 SF office space; 20' ceiling height under joists; 400 Amp, 120/208V, 3‑phase power
(312) 339-9015 Call to check price and availability
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