Industrial Warehouse
New
For Lease
$14 SF/Yr
2418 Millennium Drive, Elgin, IL 60124
Condo warehouse with a drive-in loading door, epoxy flooring, restroom, and dedicated electrical service.
Space Size2,920 SF
Days on Market2
Property Features for 2418 Millennium Drive
General Information
Standard status
Active
Size
2,920 SF
Net Rentable
2,920 SF
Property subtype
Industrial
Lease Term
MG
Space & Availability
Available Space
2,920 SF
Contiguous Space
2,920 SF
Space Use
Industrial
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
1
Power
200 amps
Building Details
Building Size
2,920 SF
Spaces For Lease
at 2418 Millennium Drive Contact us- Size
- 2,920 SF
- Term
- Negotiable
2418 $14/SF/Yr
Listing Agency:
Brown Commercial Group
Listed By:
Jim Pietrarosso · License #475122538
(847) 758-9200
Source:
Browncommercialgroup
Added: Sep 2
Last Checked: Sep 2 at 2:14PM
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
Investment Insights
Based on property information with market context.
This industrial condominium at 2418 Millennium Drive provides a functional warehouse layout with epoxy flooring, a built-out restroom, and a 12' x 14' drive-in door. The unit also offers a 16' clear ceiling and 200-amp power, supporting a range of warehouse and light industrial operations.
The property is located within Millennium Park, where recent site improvements include new paint, asphalt, and signage. Its Elgin address places the unit in an established commercial park setting with the physical features needed for storage, distribution, or industrial occupancy.
The property is located within Millennium Park, where recent site improvements include new paint, asphalt, and signage. Its Elgin address places the unit in an established commercial park setting with the physical features needed for storage, distribution, or industrial occupancy.
Key Highlights
- 2,920 SF industrial condominium at 2418 Millennium Drive, Elgin, IL 60124
- 12' x 14' drive‑in door for loading and access
- 16' clear ceiling height
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Well-served
Demand for This Use
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
Lease Benchmarks for Elgin, IL
$12.13 /SF/Yr
Avg Asking Price
$7.5–$17 /SF/Yr
Price Range
113,977 SF
Avg Space Size
This space is priced 15% above the average of $12.13 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Condo warehouse with a drive-in loading door, epoxy flooring, restroom, and dedicated electrical service.
Where is this warehouse located?
The property is located at 2418 Millennium Drive Elgin, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 2,920 SF industrial condominium at 2418 Millennium Drive, Elgin, IL 60124; 12' x 14' drive‑in door for loading and access; 16' clear ceiling height
