740 Tollgate RdElgin, IL 60123

  • Industrial properties
  • 43,502 SF
For Lease

Property Details for 740 Tollgate Rd

Year built
1980
Property size (Sq ft)
43,502 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
03-33-428-007
APU
333428007

Description

This exceptional 32,930-square-foot warehouse, located at 740 Tollgate Road in Elgin, Illinois (zip code 60123), presents a significant opportunity for businesses seeking a strategic location within the Elgin I-90 submarket of Kane County. The property sits on a two-acre site, offering ample space for operations and potential expansion. The warehouse features a generous ceiling height of 19 feet 10 inches, providing excellent vertical storage capacity. Loading and unloading are facilitated by three exterior loading docks and two convenient drive-in doors. Additional parking for cars and trailers is available on-site, enhancing the property's functionality and convenience. The single-tenant occupancy structure ensures streamlined operations and control. This industrial property is ideal for a variety of uses, offering a combination of size, accessibility, and location advantages within a thriving business community. The property is available for both sale and lease, providing flexibility to suit diverse business needs. Interested parties are encouraged to inquire for further details and to explore the potential of this exceptional warehouse space.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,990,728
    Hospitality
    $8,235,458
    Educational
    $6,851,804
    Medical
    $7,087,448
    Retail
    $10,658,363
740 Tollgate Rd, Elgin, Illinois
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Location Insight

City
Elgin
County
Kane
State
Illinois
Latitude
42.0715
Longitude
-88.2974
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
$55,663
$159,981
$477,168
$637,149
-
$479,943
$1,431,504
$1,911,447

FAQs

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