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1505 Gilpen Avenue, South Elgin, IL

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1505 Gilpen Avenue

South Elgin, IL 60177-1211 - North Kane/I-90 Ind Submarket

Property Type:Industrial Sub Type:Manufacturing Status:Existing Year Built:-
Building Size:15,000 SF Land Area:.96 AC (41,813 SF)
Ceiling Height:18'0''-21'0'' Loading Docks:1 ext Rail:- Power:2,000a/480v
For Sale Price:$755,000 Price/SF:$50.33
Cap Rate:9.49 %
Zoning:I-1, South Elgin Sprinklers:- Drive Ins:2 tot. Cranes:1/10 tons
Parking:25 Surface spaces are available; Ratio of 1.66/1,000 SF

May 2002: Building was sold by Epic/Savage Realty, they represented the seller, the buyer was a private investor.

Excellent manufacturing facility with low Kane County taxes. 10 ton bridge crane over dock.

Sale Notes:
Well maintained free-standing building. Current tenant has been in place for over 10 years.

Brown Commercial Group
Dan Brown
(847) 758-9200 x30

Brian Lindgren
(847) 758-9200

Maria McNeil
(847) 758-9200

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