For Sale
Call for price

1010 Chicago St Elgin, IL 60120

Former Bank, 24,973 SF, 11 Acres

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional commercial property, located at 1010 E Chicago St in Elgin, Illinois, presents a unique investment opportunity. The building encompasses approximately 24,973 square feet and sits on a sizable 11.16-acre lot. Previously used as a bank and more recently as an automobile dealership, the property offers significant versatility. The building is a single-story structure with commercial zoning, allowing for a wide range of potential uses. The property boasts substantial frontage and visibility on Chicago Street (Route 19), a major thoroughfare, ensuring high traffic exposure. Access is convenient with five points of ingress and egress along Chicago Street. The sale includes some existing furniture, fixtures, and equipment left behind from the previous automobile dealership. The strong area demographics and daytime population create a favorable market for a variety of businesses. This property's size, location, and zoning make it an ideal candidate for redevelopment or repurposing. The Cook County location and 60120 zip code provide easy access to major transportation routes and amenities. This is a rare opportunity to acquire a large, well-located commercial property with significant potential. The property's substantial size and prime location offer exceptional potential for a wide range of commercial ventures.

Highlights

  • 24,973 SF former bank building available for sale.
  • 11.16-acre lot.
  • Commercially zoned.
  • High-traffic location with strong demographics.
  • Includes some existing furniture, fixtures, and equipment.
  • Excellent street visibility and access on Route 19 (Chicago Street).

Property Details for 1010 Chicago St

Property type
Retail properties, Banks
Square Feet
24,973 SF
Stories
1
Lot Size (sq. ft)
486,130 SF

Location Insight

City
Elgin
County
Cook
State
Illinois
Latitude
42.033331449798
Longitude
-88.251479133349
1010 Chicago St, Elgin, Illinois

FAQs

What type of property is this?
Retail property - Former Bank, 24,973 SF, 11 Acres
Where is the retail property located?
The property is located at 1010 Chicago St Elgin, IL.
What are key features of this property?
This property features: 24,973 SF former bank building available for sale.; 11.16-acre lot.; Commercially zoned.
How can I contact the broker?
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1010 Chicago St
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