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Investment Highlights

  • Single Story Office/Flex
  • 15 Tenants the Largest of Which is 15.1% of the Total Occupied Area
  • All Private Restrooms and Private Entrances
  • Immediate Expressway Access
  • Minimal Common Area for Maintenance
  • Diverse Tenant Mix of Office, Flex and Warehouse Users

Executive Summary

Fully stabilized multi-tenant single story office/flex property with immediate access to I-90 off the Route 31 ramp. The property is 100% occupied with 15 separate units, the largest of which is no more than 13.2% of the total building minimizing cash flow disruptions. All private entrance single story office and flex mixture with minimal common area (one shared loading hallway). The building has a covered shared loading area with one (1) loading dock with leveler and one ramp.

Attachments

665-675 Brochure

Property Facts

Price $6,930,922 CAD
Price Per SF $175.47 CAD
Sale Type Investment
Cap Rate 7.75%
Property Type
Flex
  • Flex Showroom
  • FlexLight Distribution
  • Office Office Residential
Building Class B
Lot Size 3.05 AC
Rentable Building Area 39,500 SF
No. Stories 1
Year Built/Renovated 1989/1997
Parking Ratio 4/1,000 SF
Clear Ceiling Height 13’6”
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning GI

Amenities

  • Skylights
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
03-34-351-020
Land Assessment
$380,413 CAD
Improvements Assessment
$596,455 CAD
Total Assessment
$976,868 CAD
  • Listing ID: 40244739

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 665-675 Tollgate Rd, Elgin, IL 60123

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