665-675 & 735 Tollgate Rd 2 Flex Properties in Elgin, IL

360 Real Estate Services, LLC is pleased to bring to the market 735 Tollgate Road and 665-675 Tollgate Road. The two properties are available for purchase as a package or separately. At 735 Tollgate Road Staples recently expanded their footprint into the entirety of the building, and has made substantial investment into the infrastructure of the building to convert it over from general flex to suit their print shop requirements including electrical infrastructure, all new LED lighting and reconfiguring the interior layout. In addition, an exterior dock was added to the facility by ownership as part of a Ten (10) Year extension effective July of 2026. 10 Years of NNN lease term with 3% annual bumps bring long term rent growth and stability to the project.
665-675 Tollgate Road is a 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 15.1% 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. Four Tenants have come up for renewal in 2026 and all four have renewed demonstrating the stickiness of the multi-tenant asset.
The portfolio is located on Tollgate Road, less than a quarter mile off the I-90/Route 31 exchange with East/West access to the expressway.