Rick Levin & Associates presents the court-ordered real estate auction at 740 Schneider Drive in South Elgin, Illinois.
740 Schneider Drive is a 40,000-square-foot warehouse zoned M-2, approved for a craft grow facility by the village of South Elgin. The industrial property is ideally suited for distribution to local dispensaries or other potential uses. The warehouse features a 19-foot, 6-inch ceiling height, drive-in and dock-high loading capabilities, ample surface parking, a heavy power supply, floor drains, and a security system. The facility is designed and built with flower rooms, vegetation rooms, an extraction and infusion kitchen, a fertigation room, drying rooms, packaging rooms, a vault, a locker room, and office space.
South Elgin is conveniently located near major transportation corridors, including Route 31, Route 20, and Interstate 90, offering easy access to Chicago and surrounding cities, such as Elgin and Geneva. Daytime employees rely on the Metra train stations in Elgin and Geneva to get to downtown Chicago and other suburbs. 740 Schneider Drive is 30 miles from Chicago O'Hare International Airport and 40 miles from Chicago Midway International Airport. The nearest freight port, the Port of Milwaukee, is reachable in a day's drive.
The Chicago market is a dynamic metro with unmatched infrastructure and intellectual capital. It has two international airports, a robust financial center, and top-tier universities. Chicago boasts a highly skilled and educated workforce, with 39% of adult residents holding a bachelor's degree or higher. Trade, transportation, utilities, and manufacturing power Chicago's industrial sector. Specific to the subject's 5-mile radius, more than 24,200 daytime employees report to warehouse occupations.