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Industrial Manufacturing Facility with Cranes

303 Elgin Avenue Elgin, IL 60120

303 Elgin Avenue, Elgin, IL, 60120
$1,450,000
For Sale
$1,450,000

Brick and block manufacturing building with heavy power, multiple overhead doors, and gantry hoists for large-scale production.

Days on Market176

Property Features for 303 Elgin Avenue

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1950
Listing agency Coldwell Banker Real Estate Group
Listed by Aimee Corbett
Source Birdrealtysells
Added: Jan 27 Updated: Jul 22 at 9:33AM Checked: Jul 22 at 9:33AM

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 Coldwell Banker Real Estate Group


Investment Insights

Based on property information with market context.

This well-maintained industrial facility is constructed with brick and block and designed for heavy production and machinery. The building includes a gantry system with three 2-ton hoists, three 1-ton hoists, a 2-ton jib crane, and an additional 3-ton chain hoist. The main building provides 8,300 sf of space with a 10’ x 10’ overhead door and three mezzanines that add over 1,200 sf of usable area, including an approximately 1,600 sf heated and cooled office mezzanine.

Power and utilities are built for industrial operations, including 2,000 amps of 240 3-phase power. A large 42’ x 40’ room is heated and cooled and houses one of the 2-ton hoists. The facility is piped for air with included 15 and 20 HP air compressors, and includes water cooler lines throughout with a chiller mount on the roof, along with multiple floor drains.

A 4,680 sf addition added in 2016 features 16’ clear ceilings and includes overhead doors with openers (one 12’ x 12’ and one 14’ x 16’). The main roof was replaced in 2016 with a 50-year Flexicore EPDM roof and maintains 10 years of warranty remaining. HVAC improvements include updated heating equipment in 2018. The property also includes 40 parking spaces at the front, side, and rear, with room to add a loading dock and truck parking to the east, along with immediate access to Rt 20 and close proximity to I-90.

Key Highlights

  • 8,300 SF brick and block manufacturing building on 0.9067 acres, built in 1950
  • 2,000 amps of 240V 3‑phase power plus air piping with 15 and 20 HP air compressors
  • Gantry system with three 2‑ton hoists and three 1‑ton hoists, plus a 2‑ton jib crane and an additional 3‑ton chain hoist

Property Analytics

Location Intelligence

Current Use by Public Records

Plastic Specialties Inc Factory

Suggested Use

Law Firm Dental Office Spa & Massage Center Pharmacy Big Box & Wholesale Store Hair Salon Nail Salon Storage Facility Gym & Fitness Center HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Manufacturing property - Brick and block manufacturing building with heavy power, multiple overhead doors, and gantry hoists for large-scale production.
Where is this manufacturing property located?
The property is located at 303 Elgin Avenue Elgin, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 8,300 SF brick and block manufacturing building on 0.9067 acres, built in 1950; 2,000 amps of 240V 3‑phase power plus air piping with 15 and 20 HP air compressors; Gantry system with three 2‑ton hoists and three 1‑ton hoists, plus a 2‑ton jib crane and an additional 3‑ton chain hoist
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