Renovated Flex Space with
For Sale
Contact for pricing
825 E North St, Elburn, IL 60119
CM-zoned property combines warehouse and office improvements with NNN occupancy and light industrial use potential.
Property SizeContact for details
Days on Market141
Property Features for 825 E North St
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
Golden Group Commercial Real Estate
Listed By:
Troy Golden · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 3:13PM
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 Golden Group Commercial Real Estate
Investment Insights
Based on property information with market context.
This flex property includes two single-story buildings: a frame warehouse and a masonry office structure. The approximately 7,800 SF offering includes about 20 percent finished office area, a small kitchenette, four bathrooms, and clear heights ranging from 18' to 24'. Four drive-in doors support warehouse operations, including one sized for semi-trucks. The site also includes an exterior trailer used as an office, along with power and heat. Originally built in 1996, the property received renovations in 2014 and 2019.
The property is zoned CM, identified as a Commercial/Manufacturing District allowing light industrial and warehouse uses with minimal commercial uses. Heavy truck parking is allowed, and the property can function as a contractor's yard. It is occupied by a single NNN tenant with 1.5 years remaining on the initial lease and 3% annual escalations. The tenant is willing to renew for an additional 5 years with further renewal options. Access is provided near the intersection of Rt 38 and Rt 47, with convenient access to I-88.
The property is zoned CM, identified as a Commercial/Manufacturing District allowing light industrial and warehouse uses with minimal commercial uses. Heavy truck parking is allowed, and the property can function as a contractor's yard. It is occupied by a single NNN tenant with 1.5 years remaining on the initial lease and 3% annual escalations. The tenant is willing to renew for an additional 5 years with further renewal options. Access is provided near the intersection of Rt 38 and Rt 47, with convenient access to I-88.
Key Highlights
- Approximately 7,800 SF across warehouse and office buildings
- 7.65% cap rate with single‑tenant NNN occupancy
- 18' to 24' clear heights and 4 drive‑in doors
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60119, IL
10,905
Population
4,595
Households
2.4
Avg Household Size
41
Median Age
51%
College-Educated
98%
High-School Grad
49.6 sq mi
ZIP Area
220
Density / Sq Mi
$124,058
Median Household Income
$62,747
Median Earnings
$1,620
Median Rent
$366,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - CM-zoned property combines warehouse and office improvements with NNN occupancy and light industrial use potential.
Where is this flex space located?
The property is located at 825 E North St Elburn, IL.
What are key features of this property?
This property features: Approximately 7,800 SF across warehouse and office buildings; 7.65% cap rate with single‑tenant NNN occupancy; 18' to 24' clear heights and 4 drive‑in doors
