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1010 E Chicago St
Elgin, IL 60120
Retail Property For Sale


Executive Summary
1010 E Chicago Street represents an opportunity to acquire a commercial asset positioned along one of Elgin’s primary arterial corridors, offering strong visibility and consistent daily traffic exposure. Located on Chicago Street (US Route 20), the property benefits from direct access to a highly active thoroughfare that connects the City of Elgin to surrounding residential communities and regional retail destinations. The surrounding trade area is supported by a mix of established residential neighborhoods, neighborhood-serving retail, and service-oriented businesses, providing a stable consumer base and consistent demand drivers. The corridor’s ability to accommodate a wide range of uses—including retail, medical, office, and service tenants—enhances the long-term versatility of the asset. Strategically located near major transportation routes, including Route 31, Randall Road, and Interstate 90, the property offers strong regional accessibility and connectivity throughout the Fox Valley and greater Chicago MSA. This accessibility, combined with steady traffic patterns, supports tenant demand and operational viability.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
23,761 SF
Building Class
C
Year Built
1979
Price
$9,708,300 CAD
Price Per SF
$408.58 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
7.78 AC
Frontage
200’ on CHICAGO ST
Property Taxes
| Parcel Numbers | Improvements Assessment | $609,071 CAD | |
| Land Assessment | $334,188 CAD | Total Assessment | $943,258 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$334,188 CAD
Improvements Assessment
$609,071 CAD
Total Assessment
$943,258 CAD
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