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Property profile & analytics

1200 Chicago St Elgin, IL 60120

  • Commercial real estate
  • 2.06 lot acres
Value Estimation
Location Intelligence
Property ID
US28-1855814
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1200 Chicago St

Year built
1985
Lot size
2.06 lot acres
Property type
Commercial real estate
APN
06-17-300-003
APU
617300003

Description

This exceptional commercial property, located at 1200 E. Chicago Street in Elgin, Illinois, presents a unique investment opportunity. The property encompasses a substantial 27,150 square feet of retail space, previously utilized as a bank. Situated on a generous 7.21-acre lot, the site boasts significant frontage and visibility on Chicago Street (Route 19), ensuring high traffic exposure. Multiple points of ingress and egress along Chicago Street provide convenient access. The property is zoned for commercial use, offering flexibility for a variety of businesses. While previously a bank, the building's history also includes use as an automobile dealership, and some furniture, fixtures, and equipment remain. The strong area demographics and daytime population create a favorable market for a wide range of commercial ventures. This prime location in Cook County, Illinois, zip code 60120, offers an unparalleled chance to establish a thriving business in a high-traffic area. The property's size and location make it ideal for redevelopment or repurposing to suit a variety of commercial needs. This is a rare opportunity to acquire a significant commercial property in a desirable location with excellent visibility and access.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Elgin
County
Cook
State
Illinois
Longitude
-88.2422
Latitude
42.0312
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,228
$13,916
$1,198
$15,114
-
$55,664
$4,792
$60,456
More about this property
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