250 Willard Ave - Warehouse FOR SALE


Elgin, IL 60120- Southeast Elgin-Cook
$900,000 USD
847-504-2478
250 Willard Ave, Elgin, IL for Sale
$900,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

250 Willard Ave
Elgin, IL 60120
Southeast Elgin-Cook


HIGHLIGHTS

  • Expanded building totaling 12,000± SF with 20’ clear height in main warehouse
  • Versatile 4,000± SF mezzanine level
  • 3 oversized drive-in doors, 14’ in height
  • 1.2± AC vacant land for outdoor storage
  • Close proximity to I-90 & U.S. Rte. 20; 20 miles from O’Hare International Airport

OVERVIEW

Located at 250 Willard Avenue in Elgin, Illinois, this industrial building offers a unique opportunity for businesses seeking a functional space with ample expansion potential. Situated on nearly two acres, the property provides excess land for outdoor storage, making it ideal for operations requiring significant space for equipment, inventory, or logistics. The existing 12,000± SF building is well-suited for warehouse, storage, or distribution uses, with the flexibility to accommodate various business needs. Additionally, the property’s strategic location near major transportation routes enhances connectivity and accessibility for regional and national operations. Whether you’re looking to establish a new facility or expand your current operations, this property offers the space and flexibility to support your business growth. On-site inspections will be held by appointment only. Elgin, Illinois, a northwest suburb of Chicago, has rapidly emerged as a key growth center in the region. Located in both Cook and Kane counties, the city was recently ranked the seventh fastest growing city in the U.S. According to SmartAsset, the city experienced an 8.36% population increase from 2022 to 2023, bringing its estimated total to 118,799 residents. This surge in growth, combined with Elgin’s strategic location near I-90 and proximity to O’Hare International Airport, makes it an attractive destination for industrial development. With expanding industrial parks, as well as competitive lease rates compared to other Chicago suburbs, Elgin offers an ideal environment for businesses seeking space for warehousing, storage and advanced manufacturing operations.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

Lighting, Gas - Natural, Water, Sewer, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.92

LAND SF

83,635

ZONING

CI

APN/PARCEL ID

06-18-301-048-0000

ASK ABOUT THIS PROPERTY

Stephen MaduraHilco Real EstateMore Info
847-504-2478

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Stephen MaduraHilco Real EstateMore Info
847-504-2478

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.