280 Willard Ave - Service FOR SALE


Elgin, IL 60120- Southeast Elgin-Cook
$750,000 USD
847-504-2478
280 Willard Ave, Elgin, IL for Sale
$750,000 USD
Service - FOR SALE
1/6
null | Request Cap Rate

280 Willard Ave
Elgin, IL 60120
Southeast Elgin-Cook


HIGHLIGHTS

  • Well-constructed building featuring steel I-beam trusses
  • 16’ clear height in warehouse
  • 1 recessed loading dock & 1 oversized drive-in door
  • Features restrooms, space for small onsite office & outdoor storage area
  • Ideal for warehouse & storage use
  • Close proximity to I-90 & U.S. Rte. 20; 20 miles from O’Hare International Airport

OVERVIEW

Located at 280 Willard Avenue in Elgin, Illinois, this industrial building is well situated for a variety of business uses. The facility provides a convenient recessed load dock for the movement of inventory, as well as an oversized rear roll-up door for interior loading and unloading. Featuring 6,000± SF of clear span space with a large laydown/ outdoor storage area to the rear, the property offers the space and flexibility to support a growing business, or ideal as an investment, as the buildings attributes are highly sought after in today’s market. 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

$750,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Inventory Storage

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Auto Repair, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.61

LAND SF

26,572

ZONING

CI

APN/PARCEL ID

06-18-301-046-0000

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.