Zoned B-2 Commercial
For Sale
Contact for pricing
Pending
840 E Chicago St, Elgin, IL 60120
Commercial land with two well-maintained buildings and 200+ feet of frontage in a B-2 zone.
Property Size4,500 SF
Lot Size1.50 Acres
Days on Market48
Property Features for 840 E Chicago St
General Information
Standard status
Pending
Size
4,500 SF
Lot size
1.50 Acres
Property subtype
Retail
Zoning
B-2
Additional Details
Business Included
Yes
Listing Agency:
Berkshire Hathaway HomeServices Starck Real Estate Schaumburg
Listed By:
Jon Johnson · License #IL 475139297
Source:
Crexi
Added: Jul 21
Changed: Aug 27
Last Checked: Sep 1 at 10:17PM
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 Berkshire Hathaway HomeServices Starck Real Estate Schaumburg
Investment Insights
Based on property information with market context.
This offering consists of 1.5+ acres of commercial land zoned B-2, improved with two well-maintained buildings of approximately 3,000 and 1,500 square feet. The seller’s remarks indicate the property has historically supported an auto sales operation.
The land includes over 200 feet of frontage on Chicago St on Elgin’s east side in Cook County, providing direct street presence for commercial use.
A second lot is described as approximately 0.75 acre with a separate tax pin, along with an approximately 8,000 square foot auto service building that may be available as an option to a buyer of this property. The seller notes bank financing and possible seller financing as options.
The land includes over 200 feet of frontage on Chicago St on Elgin’s east side in Cook County, providing direct street presence for commercial use.
A second lot is described as approximately 0.75 acre with a separate tax pin, along with an approximately 8,000 square foot auto service building that may be available as an option to a buyer of this property. The seller notes bank financing and possible seller financing as options.
Key Highlights
- 1.5+ acre commercial property zoned B‑2 in Cook County
- 200+ feet of frontage on busy Chicago St
- Two well‑maintained buildings totaling approximately 4,500 SF (about 3,000 SF and 1,500 SF each)
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Hopkins Ford of Elgin, Inc.
Shops & Services
2,720 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with two well-maintained buildings and 200+ feet of frontage in a B-2 zone.
Where is this commercial land located?
The property is located at 840 E Chicago St Elgin, IL.
What are key features of this property?
This property features: 1.5+ acre commercial property zoned B‑2 in Cook County; 200+ feet of frontage on busy Chicago St; Two well‑maintained buildings totaling approximately 4,500 SF (about 3,000 SF and 1,500 SF each)
