1040 Chicago StElgin, IL 60120

Property Details for 1040 Chicago St

Year built

1984

Lot size

2.30 AC

Property type

Commercial real estate

APN

06-18-400-050

APU

618400050

Description

This exceptional commercial property, located at 1040 E Chicago Street in Elgin, Illinois, presents a significant opportunity for automotive businesses. The 13,200 square foot building sits on a substantial 2.5-acre lot, offering ample space for operations and expansion. The property boasts excellent visibility and frontage on Chicago Street (Route 19), ensuring high traffic and brand recognition. Full motion access from East Chicago Street provides convenient ingress and egress. Inside, the shop area features a generous 16-foot clear height, ideal for accommodating various automotive needs. The property is zoned C1-Commercial Industrial, making it suitable for a range of automotive-related uses. The strong area demographics and substantial daytime population create a robust customer base. This location offers a unique blend of size, visibility, and accessibility, making it an attractive investment for discerning buyers. The property's address is 1040 E Chicago St, Elgin, IL 60120, situated in Cook County.

• Alternative Use

  Use

  Valuation

  Residential

  $20,706,244

  Hospitality

  $18,966,808

  Educational

  $15,780,162

  Medical

  $16,322,866

  Retail

  $24,546,918

Location Insight

City

Elgin

County

Cook

State

Illinois

Latitude

42.0335

Longitude

-88.2503

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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