Listing Agency: Lee & Associates - Chicago

Listed By: John Cassidy · License #IL 471004039 Show Phone

Source: Crexi

Added: Apr 10 Changed: Sep 2 Last Checked: Sep 1 at 8:15PM

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Investment Insights

Based on property information with market context.

Industrial property comprising 80,491 SF at 1755 Britannia Drive in Elgin, Illinois. The asset is offered for sale and provides a substantial industrial footprint for commercial operations.

Key Highlights

• 80,491 SF industrial property
• Located at 1755 Britannia Drive, Elgin, IL 60124
• Offered for sale

Property Analytics

Property Profile

Current Use

Hardinge Inc Factory

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Pharmacy Veterinary Clinic

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

1,218

Businesses Nearby

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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial facility offering substantial commercial floor area.

Where is this industrial property located?

The property is located at 1755 Britannia Drive Elgin, IL.

What are key features of this property?

This property features: 80,491 SF industrial property; Located at 1755 Britannia Drive, Elgin, IL 60124; Offered for sale