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Flex Space Building
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740 Tollgate Rd, Elgin, IL 60123

Flex property with a dedicated office component and direct access to I-90 and Route 31.

Property Size32,930 SF
Days on Market143

Property Features for 740 Tollgate Rd

General Information

Standard status Active
Size 32,930 SF
Property subtype Industrial

Additional Details

Highway Access Yes
Office Build-Out 3,596 SF

Building Details

Buildings 1
Building Size 32,930 SF
Listing Agency: Core Industrial Realty
Listed By: Martin Geary · License #475214128
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:17PM

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 Core Industrial Realty

Investment Insights

Based on property information with market context.

The property is a 32,930 SF flex space building at 740 Tollgate Rd in Elgin, Illinois. The improvements include 3,596 SF of office area, supporting a blend of office and industrial functions within the same facility. Additional parking for cars and/or trailers is available.

Access is provided directly from a four-way interchange connecting I-90 with Route 31. The property is located in Kane County, where county taxes apply. The building is offered for sale or lease.

Key Highlights

  • 32,930 SF flex space building
  • 3,596 SF office area within the building
  • Additional car and/or trailer parking available

Property Analytics

Current Use

Shapiro Outlet Store Discount Store

Suggested Use

Top Pick Hair Salon Spa & Massage Center Auto Parts Store Restaurant (Bike/Boat/Book/etc) 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60123, IL

47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
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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Similar Off Market Nearby

  • Gator's Cajun Cuisine Canterfield Pkwy W, West Dundee, IL 60118

Frequently Asked Questions

What type of property is this?
Flex space - Flex property with a dedicated office component and direct access to I-90 and Route 31.
Where is this flex space located?
The property is located at 740 Tollgate Rd Elgin, IL.
What are key features of this property?
This property features: 32,930 SF flex space building; 3,596 SF office area within the building; Additional car and/or trailer parking available
More about this property
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