1010 Chicago St Elgin, IL 60120
- Commercial real estate
- 1.31 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1010 Chicago St
- Lot size
- 1.31 lot acres
- Property type
- Commercial real estate
- APN
- 06-18-400-046
- APU
- 618400046
Description
This exceptional commercial property, located at 1010 E Chicago St in Elgin, Illinois, presents a unique investment opportunity. The building encompasses approximately 24,973 square feet and sits on a sizable 11.16-acre lot. Previously used as a bank and more recently as an automobile dealership, the property offers significant versatility. The building is a single-story structure with commercial zoning, allowing for a wide range of potential uses. The property boasts substantial frontage and visibility on Chicago Street (Route 19), a major thoroughfare, ensuring high traffic exposure. Access is convenient with five points of ingress and egress along Chicago Street. The sale includes some existing furniture, fixtures, and equipment left behind from the previous automobile dealership. The strong area demographics and daytime population create a favorable market for a variety of businesses. This property's size, location, and zoning make it an ideal candidate for redevelopment or repurposing. The Cook County location and 60120 zip code provide easy access to major transportation routes and amenities. This is a rare opportunity to acquire a large, well-located commercial property with significant potential. The property's substantial size and prime location offer exceptional potential for a wide range of commercial ventures.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Cook
- State
- Illinois
- Longitude
- -88.2541
- Latitude
- 42.0346
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
