1275 Gasket Dr Elgin, IL 60120
This exceptional 8.79-acre industrial land parcel, located at 1275 Gasket Drive in Elgin, Illinois (zip code 60120), presents a compelling investment opportunity. Zoned PGI (Planned General Industrial), this property offers significant potential for various industrial developments, including warehouses, distribution centers, data centers, cold storage facilities, truck/trailer parking, or outdoor storage. Its strategic location provides easy access to major transportation arteries: less than 6 miles from I-90, and convenient access to Route 59 and Route 25 via Bartlett Road. The Bartlett Metra station is just 3 miles away on Bartlett Road, enhancing employee commute options. High traffic counts bolster the site's accessibility, with 12,200 vehicles daily on Bartlett Road and 39,400 vehicles daily on Route 59. The property's PIN numbers are 06-31-202-003, 06-31-202-010, and 06-31-202-012. Annual property taxes are $47,554. This prime location and flexible zoning make this an ideal site for industrial development. The asking price for this exceptional property is $3,900,000. Contact us today for further details and to explore this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.