2401 Weld Road Elgin, IL 60124

Listing office Colliers - Rosemont, Illinois

Listing date May 26, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

This property is located in a high-growth area of Elgin, Illinois, and benefits from a Main & Main (A+) location. Situated in an undersupplied market, the site offers high visibility, fronting US Highway-20 and Randall Road. Traffic counts exceed 30,000 vehicles per day. Market research indicates a significant unmet demand for self-storage space, with 252,955 square feet needed within a 2-mile radius and 365,740 square feet within a 3-mile radius. The supply per capita is 6.2. The location is positioned to capitalize on the lack of storage inventory and strong demand for storage.

Key Highlights

• A+ location at the intersection of US Highway‑20 and Randall Road.
• High visibility with traffic counts exceeding 30,000 vehicles per day.
• Located in a high‑growth area within an undersupplied self‑storage market.

Property Analytics

Property Profile Location Intelligence

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FAQs

What type of property is this?

Commercial land - High-growth area with unmet self-storage demand in Elgin, Illinois.

Where is this commercial land located?

The property is located at 2401 Weld Road Elgin, IL.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: A+ location at the intersection of US Highway‑20 and Randall Road.; High visibility with traffic counts exceeding 30,000 vehicles per day.; Located in a high‑growth area within an undersupplied self‑storage market.