Property profile

25 Middle St. & Rte South Elgin, IL 60177

OFF-MARKET
Land
3.79 ac lot
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Property summary

AI-generated overview

This exceptional 3.79-acre commercial land parcel presents a rare opportunity in the affluent Bartlett, Illinois market. Located at the intersection of East Middle Street and Route 25 in Cook County, this fully improved pad boasts convenient access to major thoroughfares and a thriving residential community. The site is ideally suited for a variety of commercial uses, including convenience retail, self-storage facilities, flexible-use spaces, daycare centers, or car washes. The area is experiencing significant residential growth, with over $200 million in new residential construction either completed or planned, ensuring a strong and expanding customer base for any development. This is the final remaining parcel of a larger development, following the recent sale of a neighboring 3.43-acre lot which will be used for a multi-story self-storage facility. The property's strategic location and the substantial residential investment in the immediate vicinity make this a highly attractive investment opportunity with significant long-term potential. The site is zoned for commercial use (specific zoning details available upon request) and is ready for immediate development. Don't miss this chance to secure a prime location in a rapidly growing market. The property is located in South Elgin, Illinois, zip code 60177. Coordinates are 41.9935441 latitude and -88.2680837 longitude.

Property profile

Verified
Property type Land
Lot 3.79 ac (165,092 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

25 Middle St. & Rte South Elgin, IL 60177
South Elgin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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