Property summary
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
VerifiedCap rate & NOI
Current use
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Production Facility Factory
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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