224-501-9540
, Elgin, IL for Sale
FOR SALE
1/20
null | Request Cap Rate


HIGHLIGHTS

  • Properties offer over 40,000± SF of warehouse storage & 6,250± SF of office/retail across four facilities suitable for individual service operators
  • Benefit from grandfathered approvals for outdoor storage, 8± AC ideal for bus, trailer & equipment parking, or potential alternative commercial use
  • Well-situated in Elgin, a prominent Chicago suburb & rapidly growing industrial region with competitive lease rates
  • Strategically located near I-90 & U.S. Route 20; 20 miles from O’Hare International Airport
  • Buildings can include in-place, floor-to-ceiling racking
  • Each property is available individually or as a combined portfolio

OVERVIEW

Bid Deadline: April 15 by 5 pm CT On-Site Inspections: March 5, 12, and 19 - 10:00 am CT By Appointment Only Located in Elgin’s bustling industrial corridor, this 11.37± AC site was formerly a premier auto recycling center, Elgin Super Auto Parts. After closing operations in late 2024, this site remains a well-equipped, ideally located industrial offering that comprises an office and retail storefront, three warehouse facilities, two outdoor storage lots, and two laydown yards across eight parcels. With grandfathered approvals for outdoor storage, it is ideal for bus, trailer and equipment parking, as well as other alternative commercial uses. Each property is available individually or as a combined portfolio. This sale provides investors, owners/operators and industrial users with a unique opportunity to establish or expand their business in an advantageous location. Elgin, Illinois, is a northwest suburb of Chicago that has rapidly emerged as a key growth center in the region. Situated in both Cook and Kane counties, the city was recently ranked the seventh fastest-growing city in the U.S. According to SmartAsset, the city of Elgin has experienced an 8.36% population increase from 2022 to 2023, bringing its estimated total to 118,799 residents. This surge in growth, combined with Elgin’s strategic location near I-90 and proximity to O’Hare International Airport, makes it an attractive destination for industrial development. With expanding industrial parks and competitive lease rates compared to other Chicago suburbs, Elgin offers an ideal environment for businesses seeking space for warehousing, storage and advanced manufacturing operations.

ASK ABOUT THIS PROPERTY

Stephen MaduraHilco Real EstateMore Info
224-501-9540

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

Stephen MaduraHilco Real EstateMore Info
224-501-9540

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