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Property profile

158 Edison Ave Elgin, IL 60123

OFF-MARKET
Commercial real estate
Property ID
US28-0479916
View Sample
3,790 SF 0.2 ac lot
Entity Owned Free & Clear

Property summary

AI-generated overview

This exceptional 15,000-square-foot industrial building presents a remarkable opportunity for businesses seeking a versatile and strategically located space in Elgin, Illinois. The property boasts a substantial 5,000 square feet of dedicated office space, ideal for administrative functions and executive offices. Two convenient loading docks ensure efficient loading and unloading operations, streamlining logistics and maximizing productivity. Ample on-site parking is available for employees and visitors, eliminating parking hassles and providing convenience. Further enhancing its functionality, the property includes additional outside storage garages, offering valuable extra space for equipment, inventory, or materials. Situated in the heart of Elgin, this property benefits from excellent accessibility, making it an ideal location for businesses involved in transportation, distribution, or other operations requiring convenient access to major transportation routes. The property's prime location and well-designed layout offer significant potential for expansion and operational efficiency, making it an attractive investment for a wide range of commercial and industrial enterprises. This is a rare opportunity to acquire a well-equipped and strategically positioned property in a thriving business environment. The combination of office space, loading docks, ample parking, and external storage makes this a truly versatile and attractive option.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 3,790 SF
Lot 0.2 ac (8,844 SF)
APN 06-15-279-018
UPID US28-0479916

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Production Facility Factory

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2026
7 recorded transactions
2026
$620,000
2018
Price N/A
2013
Price N/A
2005
$217,500
2005
Price N/A
2001
$515,000
1969
Price N/A

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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