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1040 E Chicago St
Elgin, IL 60120
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- +/- 13,200 SF Building
- Strong area demographics and daytime population
- Full motion access from East Chicago Street
- Site area is approximately 2.50 acres
- Substantial frontage/visibility on Chicago Street (Route 19)
- 16 foot clear in shop area
EXECUTIVE SUMMARY
Located at 1040 East Chicago Street (Route 19) in Elgin, Illinois, this ±13,200 SF commercial building sits on approximately 2.5 acres and offers substantial frontage and visibility along Chicago Street, with full motion access and a traffic count of 11,000 vehicles per day. Zoned C1-Commercial Industrial, the property features a 16-foot clear shop area and benefits from strong area demographics, including an average household income exceeding $91,000 within a one-mile radius and a robust daytime population. This site presents an excellent opportunity for businesses seeking a prominent location in a thriving commercial corridor.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,200 SF
Building Class
C
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.47 AC
Zoning
C1, Commercial Industrial - C1- Commercial Industrial.
Parking
50 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
228’ on E Chicago Ave
AMENITIES
- Fenced Lot
PROPERTY TAXES
| Parcel Number | 06-18-400-050-0000 | Improvements Assessment | $198,630 CAD |
| Land Assessment | $240,996 CAD | Total Assessment | $439,627 CAD |
PROPERTY TAXES
Parcel Number
06-18-400-050-0000
Land Assessment
$240,996 CAD
Improvements Assessment
$198,630 CAD
Total Assessment
$439,627 CAD
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