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    2760 Alft Ln Elgin, IL 60124

    Sponsored
    For Sale
    $12,985,000

    86,840 SF Warehouse, $12.9M, I-90 Access

    Property size:
    86,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 86,840-square-foot warehouse, situated within the prestigious Randall Crossings Business Park in Elgin, Illinois, presents a compelling investment opportunity. Priced at $12,985,000, this newly constructed industrial property boasts a prime location, just a quarter-mile from the full interchange of Randall Road and I-90, ensuring seamless access to major transportation arteries. The 5.13-acre lot provides ample space, complemented by 89 parking spaces and 13 loading docks for efficient operations. The warehouse features a substantial 32-foot ceiling height, ideal for various industrial uses and maximizing storage capacity. The property benefits from a robust power supply of 2,000 amps, ensuring sufficient energy for demanding operations. Located in Kane County, this property offers the advantage of low property taxes, further enhancing its financial attractiveness. The business park environment provides a professional and established setting, ideal for companies seeking a high-quality location for their operations. This is a rare opportunity to acquire a state-of-the-art warehouse in a highly desirable location. The address is 2760 Alft Ln, Elgin, IL 60124.

    Property Features for 2760 Alft Ln

    General Information

    Property type
    Distribution properties
    Square Feet
    86,840 SF
    Lot Size
    223,463 SF

    HighLights

    • 2,000 Amp electrical service.
    • Brand new construction.
    • 1/4 mile from the Randall Road and I‑90 interchange.
    • Situated in a prestigious business park.
    • Benefits from low Kane County property taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Maxx Insurance Claim ... Loss Adjuster

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Auto Repair Shop Wholesale Shop Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.3488813
    Latitude
    42.0799034

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    FAQs

    What type of property is this?
    Distribution property - 86,840 SF Warehouse, $12.9M, I-90 Access
    Where is this distribution property located?
    The property is located at 2760 Alft Ln Elgin, IL.
    What is the asking price?
    The asking price for this property is $12,985,000.
    What are key features of this property?
    This property features: 2,000 Amp electrical service.; Brand new construction.; 1/4 mile from the Randall Road and I-90 interchange.
    Request Owner's contact information
    2760 Alft Ln Elgin, IL 60124
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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
    2760 Alft Ln Elgin, IL 60124
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