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Elgin Industrial 303 Elgin Ave 15,585 SF Industrial Building Elgin, IL 60120 $1,884,492 CAD ($120.92 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy Power 2000 amp 240 Three Phase
  • CLose Proximity to Route 20 and I-90
  • Heavy Load Floors
  • Updated Roof and Furnaces

EXECUTIVE SUMMARY

If heavy power and heavy load floor is what you need look no further. With 2,000 amps of 240 3 phase power you won't come up short. Sitting on .9067 acres this brick and block construction building is ideal for large scale production and heavy machinery. Historically it has been used for injection molding. This well maintained industrial building is set up well for manufacturing and includes a gantry system with three 2 ton hoists, three 1 ton hoists and a 2 ton jib crane. There is an additional 3 ton chain hoist included with the building. In the 8,300 sf main building there is a 10' x 10' overhead door and three mezzanines that add over 1,200 sf of valuable usable square footage. One mezzanine is used for the warehouse office. This one is heated and cooled. The other two are decked with 1.5" cross planked floors making them suitable for heavy storage. Additionally, a large 42' x 40' room is also heated and cooled and is the location of one of the 2 ton hoists. A 4,680 sf addition was added in 2016 that features 16' clear ceilings, one 12' x 12' overhead door and on 14' x 16' high overhead door both with openers. The roof on the main building was replaced in 2016 with a 50 year Flexicore EPDM roof. The roof still has 10 years of warranty remaining. The 350k BTU unit heater and the two 100k BTU furnaces were updated in 2018. The building is piped for air (includes 15 and 20 HP air compressors) and features water cooler lines throughout (chiller mount on roof) plus there are multiple floor drains. The office space is approximately 1,086 sf with a private executive office. Fire safety features include radio alarm monitoring and there is also a security system. There are 40 parking spaces located in the front side and rear of the building. There is room to add a loading dock to the building and truck parking to the east. Immediate access to Rt 20 and close proximity to I-90 is a plus.

PROPERTY FACTS

Price $1,884,492 CAD
Price Per SF $120.92 CAD
Sale Type Investment or Owner User
Property Type
Industrial
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 0.91 AC
Rentable Building Area 15,585 SF
No. Stories 1
Year Built 1953
Tenancy Single
No. Drive In / Grade-Level Doors 3
Zoning CI - Commercial Industrial

AMENITIES

  • Floor Drains
  • Mezzanine
  • Security System
  • Reception
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-24-377-005
Land Assessment
$61,785 CAD
Improvements Assessment
$339,945 CAD
Total Assessment
$401,730 CAD
  • Listing ID: 38033528

  • Date on Market: 2025-10-10

  • Last Updated:

  • Address: 303 Elgin Ave, Elgin, IL 60120

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