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Standalone Storefront with Parking
New
For Lease
$24 SF/Yr

233 Dundee Ave, Elgin, IL 60120

Standalone commercial space with existing improvements, prominent corner exposure, and convenient access to dedicated and shared parking.

Space SizeContact for details
Days on Market2

Property Features for 233 Dundee Ave

General Information

Standard status Active

Building Details

Year Built 2005
Listing Agency: Fulton Grace Realty
Listed By: Vickie Soupos · License #475125581
Source: Liveliferealty
Added: Sep 13 Last Checked: Sep 13 at 3:13PM

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 Fulton Grace Realty

Investment Insights

Based on property information with market context.

This approximately 1,400 SF standalone storefront at 233 Dundee Ave features an existing commercial build-out suited to office, professional, medical, service, or other approved uses. Interior improvements include tile flooring, a grid ceiling, finished reception area, kitchenette, and ADA restroom. The building also presents a colonnaded storefront and rounded masonry rotunda, distinguishing it from a conventional inline retail bay.

The property occupies the signalized corner of Dundee Avenue and Kimball Street in Elgin, with full frontage exposure. Seven dedicated surface parking spaces sit directly at the entrance, supplemented by shared parking in the adjoining Premier Center parking field. The center is fully occupied by America's Best Contacts & Eyeglasses, Domino's Pizza, and professional-service users. CC2 - Center City 2 zoning provides flexibility for permitted commercial uses. The building was constructed in 2005.

Key Highlights

  • Approximately 1,400 SF standalone storefront at a signalized corner
  • CC2 - Center City 2 zoning district
  • Seven dedicated surface parking spaces at the entrance

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Discount Store Home Appliance Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Skin Care 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,534
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

  • Ofelia's Garden 164 E Highland Ave, Elgin, IL 60120

Frequently Asked Questions

What type of property is this?
Storefront property - Standalone commercial space with existing improvements, prominent corner exposure, and convenient access to dedicated and shared parking.
Where is this storefront property located?
The property is located at 233 Dundee Ave Elgin, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Approximately 1,400 SF standalone storefront at a signalized corner; CC2 - Center City 2 zoning district; Seven dedicated surface parking spaces at the entrance
More about this property
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