450 Dundee Ave East Dundee, IL 60118
- Commercial real estate
- 25,775 SF
Current Use by Public Records
- Seneca Health Center / Medical Center
- Deals of the day / Discount Store / Outlet Store
- Stephen Gladdin MD / Obstetrician-Gynecologist
- Dr. Hepsi V. Kalapala, MD / Internist
- Dr. Janice M. Wood, MD / Internist
Property Details for 450 Dundee Ave
- Year built
- 1988
- Property size
- 25,775 SF
- Property type
- Commercial real estate
- APN
- 03-23-479-006
- APU
- 323479006
Description
This exceptional 4,400 square foot commercial space is ideally situated adjacent to the Elgin Mall in the Randall Rd. submarket. The property boasts a Class A rating, single tenancy, and is part of a larger 25,335 square foot building on a 5.5-acre lot. The building features a high ceiling and an existing coin laundry, complete with all plumbing and mechanicals in place. The current owner is willing to remove the laundry equipment to accommodate other retail or service-based businesses. The property offers ample parking with 500 spaces, recently striped and sealed. Its prime location within the high-traffic River Valley Square shopping mall ensures excellent visibility and accessibility. The site benefits from its proximity to downtown Elgin and the river, as well as the high traffic volume of Route 72 and Route 25 (over 41,000 vehicles daily). Further enhancing its appeal are its proximity to Historic Downtown East Dundee and the presence of over 254 apartment units within a two-mile radius. The property is zoned for Retail/Office use and enjoys the benefit of low Kane County taxes. This presents a unique opportunity for businesses seeking a high-visibility location with substantial parking and existing infrastructure. The single-story building offers flexibility for a variety of uses, including traditional office, executive office, coworking, medical office, or creative office spaces. The property's strategic location and amenities make it an attractive investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Dundee
- County
- Kane
- State
- Illinois
- Longitude
- -88.2593
- Latitude
- 42.0968
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA