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    Elgin, IL
    Strip Mall

    Elgin, IL Strip Malls for Sale

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    Wauconda, IL Algonquin, IL Bartlett, IL Streamwood, IL South Elgin, IL Carpentersville, IL Barrington Hills, IL St Charles, IL
    6 properties
    Restaurant-Included Retail Strip Center
    Updated: Jun 24
    Restaurant-Included Retail Strip Center

    100 W Main Street, Barrington, IL 60010

    $3,199,900
    0.26 AC lot
    Central air conditioning
    Year built: 1960
    Multiple active tenants include School of Rock (units 100, 102, 108), Kate's little leaf (unit 106), Sagano Japanese restaurant (unit 110), and French 75 (unit 104)
    Restaurant is included in the sale
    View details
    Elgin Land Development Opportunity
    Updated: Oct 24, 2023
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot
    Rare Randall Road location with HIGH TRAFFIC (40,000 vehicles per day) at a signalized intersection.
    Exceptional mixed‑use development opportunity for commercial and multi‑family.
    Sewer and water adjacent, READY FOR DEVELOPMENT.
    Adjacent to Sam's Club and Walmart with possible shared access.
    Ideal location for various businesses (strip center, fast food, gas station, etc.).
    View details
    Retail Strip Mall with Ample Parking
    Retail Strip Mall with Ample Parking

    114-120 S. Northwest Hwy, Barrington, IL 60010

    $2,959,000
    5,780 sqft

    Versatile retail storefront property with ample parking and easy access for customers in a mixed residential and commercial area.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Net-Leased Shopping Center with EV Charging
    Net-Leased Shopping Center with EV Charging

    943 N McLean Blvd, Elgin, IL 60123

    $3,950,000
    23,403 sqft 2.14 AC lot

    100% occupied center anchored by Dollar Tree, with onsite EVgo fast-charging planned and current tenants on net leases.

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    Retail Storefront with High Visibility
    Retail Storefront with High Visibility

    263 Randall Road, Elgin, IL 60123

    Contact for pricing
    1,600 sqft

    1,600 SF retail space with prominent road visibility and monument signage, ideal for operators seeking strong storefront exposure.

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    Retail Strip with Multiple Tenants
    Retail Strip with Multiple Tenants

    100 W Main Street, Barrington, IL 60010

    $3,199,900

    Retail strip in Barrington with multiple active tenants, including several specialty retail and a restaurant included in the sale.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Retail Strip in Des Plaines
    Retail Strip in Des Plaines

    603 Golf Rd, Des Plaines, IL 60016

    $3,165,000
    15,042 sqft

    15,042 SF retail strip in high-traffic Chicago suburb.

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    Fully Occupied Retail Strip Mall
    Fully Occupied Retail Strip Mall

    1714-1730 East Roosevelt Road, Wheaton, IL 60187

    $1,750,000
    21,797 sqft

    5-unit strip mall is fully occupied and positioned for steady rental income.

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    Retail Investment Opportunity in Des Plaines
    Retail Investment Opportunity in Des Plaines

    669-685 Graceland Avenue, Des Plaines, IL 60016

    $1,900,000

    Stable 6-unit retail asset with investment potential in Des Plaines.

    View details
    Stoplight Corner Retail Strip Center
    Stoplight Corner Retail Strip Center

    1000-1010 W Geneva Rd, Wheaton, IL 60187

    Contact for pricing

    A like-new strip center with bank drive-thru access, multiple storefronts, and 75+ car parking.

    View details

    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.

    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    12640 W WADSWORTH Road, Beach Park, IL 60087

    $750,000
    1.36 AC lot

    Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    8450 Willow Springs Road, Willow Springs, IL 60480

    $800,000
    1.90 AC lot

    Corner lot suitable for retail development, drive-thru, or subdivision.

    View details
    Corner Lot Strip Mall Opportunity
    Corner Lot Strip Mall Opportunity

    237 W 79th Street, Chicago, IL 60620

    $130,000
    0.16 AC lot

    Ideal corner location for a small strip mall or franchise.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

    View details

    Elgin, IL Strip Malls Market Trends and Statistics

    Explore 6 strip malls for sale in Elgin, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 29,183 square feet of properties for sale, with an estimated market value of $6,909,000.

    Sale prices for retail strips in Elgin, IL start at $2,959,000, averaging $3,454,500, and reaching up to $3,950,000 — 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

    Shopping centers 9
    Automotive properties 8
    Auto shops 5
    Storefront properties 5
    Showrooms 2

    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 $10M

    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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    Most Searched ZIP Codes in Elgin, IL

    • 60010
    • 60123

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