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

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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

PROPERTY TAXES

Parcel Number
06-18-400-050-0000
Land Assessment
$240,996 CAD
Improvements Assessment
$198,630 CAD
Total Assessment
$439,627 CAD
  • Listing ID: 33909415

  • Date on Market: 2024-11-18

  • Last Updated:

  • Address: 1040 E Chicago St, Elgin, IL 60120

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