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    1575-1595 Highpoint Dr Elgin, IL 60123

    Sponsored
    For Lease
    Contact for pricing

    Prime Kane County Office & Warehouse

    Lot size:
    73,375 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 73,375 square foot single-tenant property, located at 1575-1595 Highpoint Drive in Kane County, offers a unique blend of executive office and warehouse space. The building boasts 32,486 square feet of immediately available space, perfect for a business seeking significant expansion or relocation. Features include a generous 18-foot ceiling height, providing ample vertical storage capacity. Logistics are streamlined with 17 loading docks and one drive-in door, ensuring efficient goods movement. The property also offers 37 total parking spaces, including designated trailer parking, accommodating employees and visitors alike. Strategically situated at the four-way interchange of I-90 and Route 31, this location provides unparalleled access to major transportation arteries, simplifying commutes and distribution. The building is exceptionally well-maintained and benefits from institutional ownership and professional property management, guaranteeing a high level of service and operational efficiency. This is a rare opportunity to secure a high-quality, strategically located property in a thriving Kane County market. The property type is classified as Office and Industrial, with a single tenancy arrangement. Don't miss this chance to establish your business in a premier location.

    Property Features for 1575-1595 Highpoint Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,375 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    32,486 SF

    HighLights

    • 73,375 SF Office/Industrial building, single‑tenant occupancy.
    • 32,486 SF of vacant space available for lease.
    • 18' ceiling height.
    • 17 loading docks and 1 drive‑in door.
    • 37 total parking spaces and trailer parking available.
    • Located at the I‑90 & Route 31 interchange in Kane County, IL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Accomplished Mechanical Industries Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -88.27802
    Latitude
    42.071912

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    FAQs

    What type of property is this?
    Distribution property - Prime Kane County Office & Warehouse
    Where is this distribution property located?
    The property is located at 1575-1595 Highpoint Dr Elgin, IL.
    What are key features of this property?
    This property features: 73,375 SF Office/Industrial building, single-tenant occupancy.; 32,486 SF of vacant space available for lease.; 18' ceiling height.
    Request Owner's contact information
    1575-1595 Highpoint Dr 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
    1575-1595 Highpoint Dr Elgin, IL 60123
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