400 River Ridge Dr - Office FOR SALE


Elgin, IL 60123- Northwest Elgin
$1,679,000 USD
847-920-4573
400 River Ridge Dr, Elgin, IL for Sale
$1,679,000 USD
Office - FOR SALE
1/38
null | Request Cap Rate

Mar '25


400 River Ridge Dr
Elgin, IL 60123
Northwest Elgin


HIGHLIGHTS

  • Easy access to the highway
  • Nice Commercial Building Multi or Single Tenant possible
  • Warehouse 3,540 +/- Square feet, Large Parking Lot

OVERVIEW

400 River Ridge Drive, Elgin, IL 60123-9370 Industrial/Warehouse/Commercial Property Building 12,280 +/- square feet The building is a free standing 2 story brick masonry building, 8,740 +/- square feet total building with ample parking. The additional two commercial units on the first floor are approximately west unit 3,150 +/- square feet and east unit 3011 +/- square feet. The unit upstairs is roughly 2,579 +/- square feet. The adjacent building is an industrial warehouse of 3,540 +/- square feet with 20’ clear height ceilings. Four drive-in doors one 10’ by 10’, three doors 14’ foot height roughly 19’-8”. The land is .86 Acres +/- in desirable Kane County. Zoned: X Commercial District PIN: 03-34-326-043 The building is made up of one 3,150 +/- square feet of office space on the first floor on the west side of the building and one 3011 +/- square feet on the east side of the building with an additional 2,579 +/- square feet of office on the second floor. Adjacent the building enjoys 3540 +/- square feet of warehouse/industrial storage space. The main building on the first floor has several separate entrances for easy and direct access to main floor suites and the upstairs suite. The warehouse structure outside adjacent is made up of 3,540 +/-the balance is warehouse (48’ +/- Deep), with a 10’ by 10’ door located on the south side of the building with three large 14’ +/- high roughly 19’-8’’ +/- wide garage doors. The warehouse enjoys roughly 20’ foot clear height with ample parking for 42 plus vehicles, also has a bathroom with a sink. The electrical in the warehouse is 110 and not 3 phase The office area to the west on the first floor is made up of a conference room, 9 - offices, reception area, 2 bathrooms, and kitchen area. The office to the east on the main floor is made up of a conference room, 10 - offices, reception area and 2 bathrooms. The office suite on the second floor is made up of a storage room, 3 - offices, 3 - large open areas, an executive suite office with a fireplace. The warehouse does have gas heat lights on the trusses. The office areas enjoy roof mounted forced HVAC in the offices. The land is .86 Acres +/- in desirable Kane County. Zoned: X Commercial Dis

FOR SALE DETAILS

PRICE

$1,679,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

G1, Elgin

APN/PARCEL ID

03-34-326-043

ASK ABOUT THIS PROPERTY

J. Randy SeverinsenGold Lion Realty, Inc.More Info
847-920-4573

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J. Randy SeverinsenGold Lion Realty, Inc.More Info
847-920-4573

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.