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Flex Space with Drive-In Door
For Sale
Contact for pricing
Pending

2418 Millennium Drive, Elgin, IL 60124

Industrial condominium unit with epoxy flooring, a finished restroom, and electrical service suited to commercial operations.

Property Size2,920 SF
Days on Market146

Property Features for 2418 Millennium Drive

General Information

Standard status Pending
Size 2,920 SF
Property subtype Industrial

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1
Power 200 amps
Listing Agency: Brown Commercial Group Inc
Listed By: Jim Pietrarosso · License #IL 475122538
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 31 at 7:39PM

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 Brown Commercial Group Inc

Investment Insights

Based on property information with market context.

This 2,920 sf flex space is a condominium unit at 2418 Millennium Drive in Elgin, Illinois. The property includes epoxy flooring, a built-out restroom, a 12'x14' drive-in door, a 16' clear ceiling, and 200 amp power. The unit is described as being in pristine condition.

The space is located within Millennium Park, where recent improvements include new paint, new asphalt, and replacement signage. Its combination of drive-in access, clear height, and electrical capacity provides a practical configuration for industrial or flex-space use.

The condominium format and existing improvements offer an established physical setup without requiring the space to be described solely by its park setting.

Key Highlights

  • 2,920 sf flex‑space condominium unit
  • 12'x14' drive‑in door
  • 16' clear ceiling

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Auto Parts Store Garden Center Grocery & Convenience Store

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

16 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

727
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

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
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial condominium unit with epoxy flooring, a finished restroom, and electrical service suited to commercial operations.
Where is this flex space located?
The property is located at 2418 Millennium Drive Elgin, IL.
What are key features of this property?
This property features: 2,920 sf flex‑space condominium unit; 12'x14' drive‑in door; 16' clear ceiling
(847) 758-9200 Call to check price and availability
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