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Retail Space

795 - 815 Summit Street, Elgin, IL 60120

For Lease
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Located on Summit Street in Elgin’s east-side commercial district, among shopping, dining and service businesses.

Space Size1,888 SF
Days on Market4

Property Features for 795 - 815 Summit Street

General Information

Standard status Active
Size 1,888 SF
Property subtype Retail

Additional Details

Highway Access Yes

Spaces For Lease

at 795 - 815 Summit Street
#805 Active
Size 1,888 SF
Contact us
Listing Agency: Property Solutions Group LLC
Listed By: Roxanne Gardner · License IL #471012651
Source: Crexi
Added: Nov 7 Changed: Nov 10 Last Checked: Nov 10 at 2:30PM

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 Property Solutions Group LLC

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Investment Insights

Based on property information with market context.

This retail space is on Summit Street in Elgin, within an east-side commercial district. The surrounding corridor includes shopping, dining and everyday services, with nearby households forming part of its local customer base.

Summit Street connects toward Hoffman Estates and Schaumburg, and the corridor is associated with Illinois Route 58. The setting combines neighborhood-oriented businesses with access toward these surrounding suburbs.

Key Highlights

  • Summit Street location in Elgin’s east‑side commercial district
  • Retail corridor includes shopping, dining and everyday services
  • Summit Street connects toward Hoffman Estates and Schaumburg

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

All Family Dental ... Dental Office Athletico Physical Therapy ... Physician Sharon Rose Araneta Physician Deanna Phelan Physician Jason Taylor Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Spa & Massage Center

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Elgin, IL

$20.17 /SF/Yr
Avg Asking Price
$19–$24 /SF/Yr
Price Range
6,119 SF
Avg Space Size

Properties on Market for Retail space in Elgin

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Located on Summit Street in Elgin’s east-side commercial district, among shopping, dining and service businesses.
Where is this retail space located?
The property is located at 795 - 815 Summit Street Elgin, IL.
What are key features of this property?
This property features: Summit Street location in Elgin’s east‑side commercial district; Retail corridor includes shopping, dining and everyday services; Summit Street connects toward Hoffman Estates and Schaumburg
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