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    40 Du Page Ct Elgin, IL 60120

    Sponsored
    For Lease
    $18 SF/Yr ($6,763 /Mo)

    Downtown Elgin retail space, 4,509 sq ft, available July 2025.

    Lot size:
    4,509 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4,509-square-foot retail space is situated in the heart of Elgin's central business district at 40 Dupage Ct, within a vibrant mixed-use development. The property, zoned CC-1, is part of a new development featuring 40 apartment units, creating a built-in customer base. The ground-floor retail space will be available for lease beginning July 2025. Its ideal location offers high visibility and accessibility, making it suitable for a variety of retail uses, including restaurants, mini-marts, or service businesses. The property benefits from its proximity to the Elgin Grand Victoria Casino, numerous restaurants and entertainment venues, and the Elgin Metra Train & Transportation Center, ensuring convenient access for both employees and customers. A stunning, newly renovated outdoor courtyard provides ample seating for patrons. The strong demographics of the area, boasting over 176,000 consumers within a 5-mile radius, present a significant market opportunity. Free public parking is readily available surrounding the property. For restaurant users, a new 10,000-gallon grease trap is already installed in the basement. Additional storage space is also available upon request. The estimated 2025 rental rate is $18.00 per square foot net, plus $4.25 per square foot in common area maintenance and taxes. Kane County location, zip code 60120.

    Property Features for 40 Du Page Ct

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,509 SF
    Total Rate
    6763.5

    Unit(s) available at that property

    Space
    Suite 40
    Size
    4,509 SF
    Rate per SF
    $18

    HighLights

    • 4,509 SF retail space for lease in Elgin, IL's central business district.
    • Located at 40 Dupage Ct. in a new mixed‑use development with 40 apartments.
    • Available July 2025; ground floor space, CC‑1 zoning.
    • Suitable for retail, restaurants, mini‑marts, or service businesses.
    • Excellent location near Elgin Grand Victoria Casino, Metra station, and numerous amenities.
    • Features a newly renovated outdoor courtyard with seating.
    Property Profile Location Intelligence

    Current Use by Public Records

    gatitech Software Company Washington Business Consultants, ... Business Management Consultant Law Office-Julio Cesar ... Attorney Staver Accident Injury ... Personal Injury Attorney Brand Evolution Website Designer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -88.2828789
    Latitude
    42.0364682

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    FAQs

    What type of property is this?
    Retail property - Downtown Elgin retail space, 4,509 sq ft, available July 2025.
    Where is this retail property located?
    The property is located at 40 Du Page Ct Elgin, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 4,509 SF retail space for lease in Elgin, IL's central business district.; Located at 40 Dupage Ct. in a new mixed-use development with 40 apartments.; Available July 2025; ground floor space, CC-1 zoning.
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    40 Du Page Ct Elgin, IL 60120
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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
    40 Du Page Ct Elgin, IL 60120
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