Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1268 Spring St South Elgin, IL 60177

    Sponsored
    For Lease
    $13 SF/Yr

    Prime Retail Space Near 7-Eleven

    Lot size:
    3,845 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional retail space, located at 1268 W Spring St in South Elgin, IL 60177, presents a fantastic opportunity for businesses seeking high visibility and convenient access. The single-story, newer construction building is part of a retail center directly on busy Spring Street, sharing access with a 7-Eleven/Exxon gas station. The property boasts ample parking with both front and rear lots, ensuring convenient customer access. A large monument sign provides excellent branding opportunities. The strategic location at the high-traffic intersection of McLean Blvd and Spring Street, with a combined 31,000 daily vehicles, guarantees significant exposure. This prime location is further enhanced by its proximity to other major retailers, including a 7-Eleven, Walgreens, CVS, McDonald's, and Butera Market, creating a synergistic retail environment. The property is classified as retail, specifically a dry cleaner or storefront, and offers multiple tenancy options. The Kane County location provides easy access to a thriving community. This property is ideal for businesses seeking a high-traffic, well-established location with excellent visibility and ample parking. The building's newer construction ensures modern amenities and efficient operation. Don't miss this chance to establish your business in a prime South Elgin location.

    Property Features for 1268 Spring St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,845 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1276
    Size
    2,745 SF
    Rate per SF
    $13
    Space
    1270
    Size
    1,100 SF
    Rate per SF
    $19
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    South Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.3179131
    Latitude
    41.9968103

    Nearby Similar for Lease

    • New
      $1.00 SF/Yr
      Pending

      Retail/Office Strip Center Unit

      Corner unit for lease in a vibrant commercial location.
      1305 N La Fox St, South Elgin, IL 60177
      View Details
    • New
      $1.00 SF/Yr
      24,829 SF

      Retail/Office Strip Center Unit

      Commercial space for lease on IL Route 31.
      1365 N La Fox St, South Elgin, IL 60177
      View Details
    • Contact for pricing
      43,560 SF

      South Elgin Office Space Available

      First floor office space in professional building, South Elgin.
      1000 W Spring St, South Elgin, IL 60177
      View Details
    • $27 SF/Yr
      8,460 SF

      Prime Retail Space on Randall Road

      High-traffic retail space with national co-tenants and excellent signage.
      310 Randall Rd, South Elgin, IL 60177
      View Details
    • $20 SF/Yr
      32,154 SF

      Randall Road Retail Opportunity

      South Elgin, IL: Prime Retail Space Available
      558-586 Randall Rd, South Elgin, IL 60177
      View Details
    • Contact for pricing
      13,618 SF

      Crossroads at Briargate Office Suites

      South Elgin Executive Office Space Available
      456-467 Redington Dr, South Elgin, IL 60177
      View Details
    • Contact for pricing
      366,573 SF

      Blue Heron Business Park: South Elgin Warehouse

      Modern Warehouse Space, Excellent Location, Immediate Occupancy
      and IL Rt. 25 Sec Kenyon Rd, South Elgin, IL 60103
      View Details
    • Contact for pricing
      743 SF

      Briargate Drive Office Space Rental

      Second floor office space in thriving retail corridor.
      456-467 Briargate Dr, South Elgin, IL 60177
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space on Spring Street

      1,300 SF retail space in South Elgin available for rent.
      1275-1287 W Spring St, South Elgin, IL 60177
      View Details
    • Contact for pricing
      1,335 SF

      Retail Space on Randall Road

      Outlot retail space in a high-traffic shopping center.
      420 Randall Rd, South Elgin, IL 60177
      View Details
    • Contact for pricing
      2,745 SF

      Retail Space on Spring Street

      Retail space in high-traffic area near major retailers.
      1268-1276 W Spring St, South Elgin, IL 60177
      View Details
    • $27 SF/Yr
      5,054 SF

      Retail Space on Randall Road

      Retail space with high visibility and national co-tenants.
      310-312 Randall Rd, South Elgin, IL 60177
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space Near 7-Eleven
    Where is this individual retail property located?
    The property is located at 1268 Spring St South Elgin, IL.
    What is the lease rate?
    The lease rate is $13-$19 SF/Yr.
    Request Owner's contact information
    1268 Spring St South Elgin, IL 60177
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1268 Spring St
    South Elgin, IL 60177
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1268 Spring St South Elgin, IL 60177
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.