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    Elgin, IL
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    Elgin, IL Shopping Centers for Sale

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    Shadow-Anchored Retail Strip Center
    Updated: Jun 28
    Shadow-Anchored Retail Strip Center

    2-16 Tyler Creek Plaza, Elgin, IL 60123

    $3,324,000
    10,825 sqft
    Five‑tenant grocery shadow anchored strip center in Elgin, IL (Kane County), built in 1975
    Shadow anchored by Frank’s Freshway Market, which recently completed a major remodel
    Tenant mix includes 3 restaurants, 1 specialty grocer/restaurant, and 1 service tenant
    Wingstop west end cap; Elgin Wingstop listed as #1 visited in Illinois (per Placer.ai)
    All tenants operate under net leases with management fee reimbursement; many leases include annual rent increases
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    This listing looks promising.

    Here's a quick look at some key insights for

    2-16 Tyler Creek Plaza, Elgin, IL 60123

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $181K
      Annual

    • Price @ 7% Cap

      $2.59M
      Suggested
    View Property Analytics
    Historic Mixed-Use Property
    Updated: Aug 10
    Historic Mixed-Use Property

    200 Applebee Street, Barrington, IL 60010

    $1,995,000
    1.73 AC lot
    Approximately 60,000‑square‑foot mixed‑use building on 1.73 acres
    Retail and office areas with restaurant and brewery pub uses
    Brick construction with central air
    Built in 1890
    Two vintage 1920s railroad cars and a caboose incorporated into the property
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    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    100 W Main Street, Barrington, IL 60010

    $3,199,900
    0.26 AC lot

    Established commercial property with multiple occupied suites and a restaurant included in the sale.

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    Shopping Center with Central Air
    Shopping Center with Central Air

    200 Applebee Street, Barrington, IL 60010

    $1,995,000

    Commercial property offering central air conditioning and access from Applebee Street.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Community Shopping Center Anchored by Kohl's
    Community Shopping Center Anchored by Kohl's

    2450 W Schaumburg Rd, Schaumburg, IL 60194

    Contact for pricing
    263,751 sqft

    Community shopping center for sale in Schaumburg, anchored by Kohl's and a new YMCA sports complex.

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    CVS-Anchored Shopping Center
    CVS-Anchored Shopping Center

    1801-1861 W Golf Road, Schaumburg, IL 60194

    Contact for pricing
    63,766 sqft

    CVS-anchored shopping center at a signalized corner with reported high traffic volumes on major roadways.

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    Approved Retail Center Development
    Approved Retail Center Development

    454 W Terra Cotta Ave, Crystal Lake, IL 60014

    Contact for pricing
    10,671 sqft

    Approved plans include an 8-unit retail center with a drive-through lane and parking for 48 vehicles.

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    High Profile Commercial Building
    High Profile Commercial Building

    10 & 40-60 W. Terra Cotta Ave, Crystal Lake, IL 60014

    Contact for pricing
    18,567 sqft

    Commercial building in Crystal Lake with world-renowned tenants.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    20420 N Rand Road, Deer Park, IL 60074

    $2,500,000
    1.94 AC lot

    PUD-zoned commercial land with Rand Road frontage and natural gas availability.

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    Signalized Intersection Commercial Land
    Signalized Intersection Commercial Land

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    AGRIC-zoned tract with adjacent water and sewer and potential for mixed-use development.

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    Commercial Corner Lot
    Commercial Corner Lot

    12640 W WADSWORTH Road, Beach Park, IL 60087

    $750,000
    1.36 AC lot

    Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

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    Aurora Land Ready for Development
    Aurora Land Ready for Development

    1900 E New York Street, Aurora, IL 60502

    $950,000
    13.00 AC lot

    13-acre land offering in Aurora, IL, for commercial or mixed-use development.

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    Off-Market Properties in Elgin, IL

    Consider similar Off-Market properties in Elgin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    820 Smt St, Unit 22
    MINI-MALL

    820 Smt St, Elgin, IL 60120-4316

    Unit 22
    $445,000
    Estimated value
    4.00 AC lot
    View details
    1040 Smt St
    MINI-MALL

    1040 Smt St, Elgin, IL 60120-4320

    $460,000
    Estimated value
    10.54 AC lot
    View details
    1350 Chicago St
    Lifestyle centers

    1350 Chicago St, Elgin, IL 60120

    Value Estimation by Request
    32,600 sqft
    View details

    Elgin, IL Shopping Centers Market Trends and Statistics

    Explore 7 shopping centers for sale in Elgin, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,825 square feet of properties for sale, with an estimated market value of $10,513,900.

    Sale prices for plazas in Elgin, IL start at $1,995,000, averaging $2,628,475, and reaching up to $3,324,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 13
    Storefront properties 13
    Auto shops 9
    Shopping centers 8
    Showrooms 3

    Demographics Overview

    Population 124K
    Population Growth (5Y) +2.9%
    Median Household Income $93,679
    College Educated 31.3%

    High-Yield Neighborhoods for Investment

    Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60123 $6.7M

    Taxes & Financing

    Tax Rate (average for all types) 9.70%
    Property Tax per SF $55.97 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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    • 60123

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