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1200 Chicago St Elgin, IL 60120

Large former bank, high visibility, 7.21 acres.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional commercial property, located at 1200 E. Chicago Street in Elgin, Illinois, presents a unique investment opportunity. The property encompasses a substantial 27,150 square feet of retail space, previously utilized as a bank. Situated on a generous 7.21-acre lot, the site boasts significant frontage and visibility on Chicago Street (Route 19), ensuring high traffic exposure. Multiple points of ingress and egress along Chicago Street provide convenient access. The property is zoned for commercial use, offering flexibility for a variety of businesses. While previously a bank, the building's history also includes use as an automobile dealership, and some furniture, fixtures, and equipment remain. The strong area demographics and daytime population create a favorable market for a wide range of commercial ventures. This prime location in Cook County, Illinois, zip code 60120, offers an unparalleled chance to establish a thriving business in a high-traffic area. The property's size and location make it ideal for redevelopment or repurposing to suit a variety of commercial needs. This is a rare opportunity to acquire a significant commercial property in a desirable location with excellent visibility and access.

Highlights

  • 27,150 SF retail space on a 7.21-acre lot in Elgin, IL.
  • High visibility & traffic on Route 19 (Chicago Street) with multiple access points.
  • Commercial zoning allows for flexible use.
  • Previously a bank and auto dealership; some FF&E remain.
  • Strong demographics and high daytime population in Cook County, IL (zip code 60120).

Property Details for 1200 Chicago St

Property type
Retail properties, Banks
Square Feet
27,150 SF
Lot Size (sq. ft)
314,068 SF

Location Insight

City
Elgin
County
Cook
State
Illinois
Latitude
42.030977548203
Longitude
-88.243502106563
1200 Chicago St, Elgin, Illinois

FAQs

What type of property is this?
Retail property - Large former bank, high visibility, 7.21 acres.
Where is the retail property located?
The property is located at 1200 Chicago St Elgin, IL.
What are key features of this property?
This property features: 27,150 SF retail space on a 7.21-acre lot in Elgin, IL.; High visibility & traffic on Route 19 (Chicago Street) with multiple access points.; Commercial zoning allows for flexible use.
How can I contact the broker?
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1200 Chicago St
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