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    1100 Tollgate Rd Elgin, IL 60123

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    For Lease
    Contact for pricing

    Class A Industrial Space, Elgin, IL

    Lot size:
    437,930 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial campus, located at 1100-1120 Tollgate Road in Elgin, Illinois, presents a rare opportunity for businesses seeking expansive, high-quality space. The property boasts two buildings totaling 437,930 square feet, with flexible options ranging from 189,530 square feet to a maximum contiguous space of 248,400 square feet. Currently, the entire 437,930 square feet is vacant, offering a unique chance for a single tenant to occupy the entire campus. Built in 2023, this state-of-the-art facility features a 32-foot ceiling height, ideal for warehousing and distribution needs. Its strategic location provides unparalleled access to I-90 via Route 31's four-way interchange, benefiting from nearly 1,200 feet of highway frontage along I-90, a major thoroughfare with a daily traffic count of 106,014 vehicles. The property also offers a fully secured site, heavy trailer parking with secure options, and cross-dock capabilities, making it perfectly suited for distribution operations. Furthermore, its proximity to O'Hare International Airport (a 26-minute drive) enhances logistical efficiency. Located in the business-friendly city of Elgin within Kane County, this property represents a prime investment opportunity for businesses seeking a modern, efficient, and strategically located industrial space.

    Property Features for 1100 Tollgate Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    437,930 SF
    Class
    A

    Building Details

    Year Built
    2023
    Buildings
    2

    Unit(s) available at that property

    Space
    Building 2
    Size
    189,530 SF
    Space
    Both Building
    Size
    437,930 SF
    Space
    Building 1
    Size
    248,400 SF

    HighLights

    • Class A industrial space with I‑90 frontage.
    • High‑traffic I‑90 frontage (106,014 vehicles per day).
    • Easy I‑90 access via Route 31 interchange.
    • Secure site, ideal for single‑tenant occupancy.
    • 26‑minute drive to O'Hare International Airport.
    • Elgin, IL location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Hair Salon Auto Repair Shop Wholesale Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.3047587
    Latitude
    42.0709284

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    FAQs

    What type of property is this?
    Distribution property - Class A Industrial Space, Elgin, IL
    Where is this distribution property located?
    The property is located at 1100 Tollgate Rd Elgin, IL.
    What are key features of this property?
    This property features: Class A industrial space with I-90 frontage.; High-traffic I-90 frontage (106,014 vehicles per day).; Easy I-90 access via Route 31 interchange.
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    Elgin, IL 60123
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    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
    1100 Tollgate Rd Elgin, IL 60123
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