Property summary
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 profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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