Elgin IL Commercial for Sale

The median home value in Elgin, IL is $322,000. This is higher than the county median home value of $236,500. The national median home value is $219,700. The average price of homes sold in Elgin, IL is $322,000. Approximately 62.29% of Elgin homes are owned, compared to 30.87% rented, while 6.84% are vacant. Elgin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elgin real estate agent to arrange a tour today!


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Type:
General Commercial
Sq.Ft.:
14,760
Status:
NEW LISTING
Beds:
n/a
Year built:
1925
Baths:
MLS#:
12042156

ADDITIONAL INFORMATION

Large Brick Warehouse with Potential for Retail on the 1st Floor and 6 Residential Units on the 2nd Floor. Ceiling Height on the 1st Floor is 11 Feet or Higher. The Building is also Adjacent to a Free Public Parking Garage and Public Lot and Located in the Beautiful Elgin Downtown.

Type:
Mixed Use
Sq.Ft.:
15,495
Status:
Active
Beds:
n/a
Year built:
1889
Baths:
MLS#:
12031737

ADDITIONAL INFORMATION

12 Units total on this iconic 3-Story Victorian Building. Originally known as the "McBride" building. Nicely updated and beautifully restored offices and store fronts. Many original features such as interior brick walls, tin ceilings, high ceilings and much more. Elevator building. Updated energy efficient floor to ceiling windows. Updated HVAC. This property is centrally located with City parking directly across the street and walking distance to Metra and Pace Bus. Retail spaces are fully leased. Some 2nd floor office space is available currently. This building would make great owner occupant space or investment property.

Type:
Office
Sq.Ft.:
5,600
Status:
Active
Beds:
n/a
Year built:
1976
Baths:
MLS#:
12018629

ADDITIONAL INFORMATION

Modern 2 story office building on main corridor. Building is divided into 4 office suites plus a finished basement with a 5th office pus some store rooms. There is also an older 3 bedroom 1.5 bath home with a basement all on the same lot. Suites are fully leased.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
MLS#:
12005401

ADDITIONAL INFORMATION

This great opportunity for an investment building so conveniently located near a Metra stop (only 1.4 miles away), Randall Rd, Rt 20, and I90 does not come along very often! 230 State Street offers Building is fully rented many long terms tenant positive cash flow.

Type:
Other
Sq.Ft.:
2,580
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
11995533

ADDITIONAL INFORMATION

FANTASTIC OPPORTUNITY TO OWN A BUILDING IN ELGIN OFF BUSY ROUTE 31!! Start your business on the first floor and live upstairs! Or use the property as an investment with great cash flow from tenants! Building is ready for your design ideas and sweat equity!! Roof was recently replaced! Property has high visibility directly on Route 31 in the center of Downtown Elgin.

Type:
General Commercial
Sq.Ft.:
8,576
Status:
Active
Beds:
n/a
Year built:
1954
Baths:
MLS#:
11974440

ADDITIONAL INFORMATION

ALL MASONRY 6456 SQUARE FOOT WAREHOUSE/SHOP PLUS A 2120 SQUARE FOOT ALL BRICK RANCH W/FULL BASEMENT. 2.86 ACRES TOTAL. BOTH THE BUILDING AND THE HOUSE HAVE BEEN EXTENSIVELY RENOVATED IN THE PAST SEVERAL YEARS. BUILDING HAS TWO 14' OH DOORS. NEW HVAC AND NEW 400 AMP ELECTRICAL SERVICE. BATH IN WAREHOUSE AND IN OFFICE WITH NEW SEPTIC SYSTEM. NEW FIRE ALARM SYSTEM. SEPARATE ONE CAR GARAGE. LARGE PARKING LOT. HOUSE AND OFFICE HAVE NEW ROOFS. WAREHOUSE ROOF HAS NEW COATING. HOUSE HAS BEEN UPDATED THROUGHOUT WITH ALL NEW FLOORING, NEW KITCHEN, NEW WINDOWS, A/C SYSTEM. FULL FINISHED BASEMENT. OVERLOOKS LOVELY LAKE. FLEXIBLE COUNTY ZONING (B3) ALLOWS MANY USES. 2ND PARCEL #06-07-100-022. IDEAL LIVE/WORK SITUATION OR JUST KEEP RENTING THE HOUSE FOR ADDITIONAL INCOME (CURRENTLY RENTED M-M.) WAREHOUSE WILL BE EMPTY AS OF 05-01-24.

Type:
General Commercial
Sq.Ft.:
36,472
Status:
Active
Beds:
n/a
Year built:
2004
Baths:
MLS#:
11965959

ADDITIONAL INFORMATION

Remarkable opportunity for the savvy investor, or business that is looking to own their property and have a rent roll. This is a Bank Owned property and comes with Seller Financing option. This building has a total of 36,472 sq ft and has a total of 6 office locations within the complex. The property is located off of I-90 and Randall Rd at a very desirable location. There are 164 parking spaces(4.5 spaces per 1,000 sq ft leased). This would be great medical office location, large attorney firm, large accounting firm, Chiropractic office, Truck Dispatch Office, etc. This one is a Must see so set your appointment to view the property. The seller is selling the Property "AS IS" The seller is also looking to lease the vacant units. Seller Financing available with property vetting and able to get a 30 year fixed mtg for 7% interest rate. Have your Broker inquire.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
80 Acres
Year built:
1871
Baths:
MLS#:
11962004

ADDITIONAL INFORMATION

Wow, this ~80 acre property located in unincorporated Cook County on the border of Hoffman Estates is incredible! With multiple residences, a large barn, smaller barns, pastures, the oldest concord grape vineyard in Illinois, 3 warehouses, lakes, and scenic views, the possibilities are endless. The zoning can be changed to allow retail, and the 4,084 feet of frontage on Shoe Factory Rd is a huge plus for visibility. It's great that it's so close to the I-90 and the South Barrington retail developments. It's a fantastic opportunity to develop a subdivision with upwards of 300 homes, retail center, or keep it as your equestrian estate. The possibilities are vast. The property currently offers pastures with turnouts for all your four-legged friends. Pins: 06041000170000, 06082010010000, 06082010220000, 06082010050000, 06082020100000, 06091000010000, 06091000020000, 06091000030000, 06091000040000

Type:
Other
Sq.Ft.:
18,252
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
11924800

ADDITIONAL INFORMATION

Sunset Center is strategically located on South Street, S Aldine and S Alfred on the west side. The City of Elgin estimates 8000 cars pass by daily creating great visibility. The Strip Mall is comprised of 10 self-contained retail units totaling 18,252 square feet with an additional 15,000 square feet of rental storage space and 75 parking spaces. Eight of the ten units are currently occupied with a mix of popular local retailers and services. Storage space is fully rented out. Great investment opportunity with established businesses and additional storage rental income in place.

Type:
General Commercial
Sq.Ft.:
11,349
Status:
Active
Beds:
n/a
Lot size:
0.79 Acres
Year built:
1972
Baths:
MLS#:
11920303

ADDITIONAL INFORMATION

Presenting a prime investment opportunity featuring a 3-story, 15-unit apartment building; mix of (6) 1 Bed/1 Bath and (9) 2 Bed/1 Bath. All units are accessible from exterior and interior entrances. The units are finished with laminate flooring , eat-in kitchens, spacious bathrooms, and sleeve air conditioners. There are (9) units with baseboard heat and (6) units with its own individual furnace; tenants pay electric and gas. In addition, the full basement accommodates laundry facilities, mechanical systems, utility meters, and storage space for both tenants and the owner. The property is nearly one-acre with a generously sized front lot, providing the potential for future development or expansion. This building offers investors to add value with minimal investment, as major mechanical upgrades and essential updates have already been completed. Improvements: New Asphalt Parking Lot (2023); New Dumpster Enclosure (2023); New Plumbing For Boiler (2022); New Hot Water Heater (2022); Installed Laundry Machines (2022); New Dollar Bill To Coin Exchanger (2022). Located near downtown Elgin offering convenient access to the Metro station, Elgin Community College, Grand Victoria Casino, The Fox River and I-90.

Type:
General Commercial
Sq.Ft.:
3,284
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
11919596

ADDITIONAL INFORMATION

THIS IS A HANDSOME HISTORIC BRICK BUILDING IN DOWNTOWN ELGIN, SUITABLE FOR A MIX OF USES. TWO FLOORS TOTAL 3284 SQ/FT, PLUS THERE IS ANOTHER 1500 SQ.FT. IN A FULLY FINISHED BASEMENT, WHICH HAS A SEPARATE STREET ACCESS. THE SPACE IS CURRENTLY BUILT OUT AS A PROFESSIONAL OFFICE, BUT A MIX OF RETAIL, OFFICE, AND MAYBE RESIDENTIAL IS A POSSIBILITY. THERE ARE FOUR LEVELS OF USEABLE SPACES. IT IS POSSIBLE TO MODIFY THE SECOND STORY IN ORDER TO ACCOMMODATE A RESIDENTIAL UNIT. THERE IS EXCELLENT VISIBILITY ON THE CORNER OF HIGHLAND AND DOUGLAS AVENUES, A HIGH-TRAFFIC AREA IN DOWNTOWN ELGIN. A SIZEABLE, FREE, CITY PARKING LOT IS LOCATED KIDDIE-CORNER TO THIS SITE. THE BUILDING HAS BEEN UPGRADED WITHIN THE LAST FOUR YEARS WITH A NEW ROOF, NEW WINDOWS, FURNACE, A/C, AND EXTERIOR PAINTING. THIS LOCATION COULDN'T BE ANY BETTER FOR A DOWNTOWN ADDRESS, AS IT IS IN THE CENTER OF EVERYTHING. CITY GRANTS ARE POSSIBLE FOR FACADE IMPROVEMENTS AND ADA ITEMS. MAKE SURE TO VIEW THE RENDERING PDF IN THE ADDITIONAL DOCUMENT PULL-DOWN MENU. IT SHOWS WHAT MIGHT BE POSSIBLE IF A NEW OWNER WANTS TO RESTORE THE EXTERIOR.

Type:
General Commercial
Sq.Ft.:
14,335
Status:
Active
Beds:
n/a
Year built:
2007
Baths:
MLS#:
11893936

ADDITIONAL INFORMATION

Great unit with two separate offices, a large waiting room, file room and it's own private bathroom. Tigerwood hardwood flooring, built in filing cabinets, custom glass doors, custom wall paint and beverage cooler. Currently being used as a law office. Original owner.

Type:
Mixed Use
Sq.Ft.:
14,784
Status:
Active
Beds:
n/a
Year built:
1887
Baths:
MLS#:
11895629

ADDITIONAL INFORMATION

BEAUTIFUL HISTORIC 3 STORY BUILDING IN THE HEART OF ELGIN!! 14,784 sq/ft 3 story Building (plus full basement) First floor contains 2 retail stores roughly little over 2000 sq/ft each. Second and third floors was formerly known as the club Medusa. Both second and third floors are roughly 6000 sq/ft each. Come see the potential in this large building perfect for a restaurant, bar, night club, reception hall, ect. This solid brick building has tons of character throughout! Beautiful woodwork that has remained in wonderful shape for a historic building! You won't want to miss this opportunity to own an investment property that really speaks for itself! Great location with free parking deck across the street.

Type:
Office
Sq.Ft.:
627
Status:
Active
Beds:
n/a
Year built:
1983
Baths:
MLS#:
11891712

ADDITIONAL INFORMATION

Don't miss out on this unique chance to snag a prime office space at Beacon Hill Office Center in Elgin. Up for grabs? The iconic "Lighthouse" office condo along with two neighboring units, spanning roughly 2,800 sq. ft. The modern layout features a welcoming lobby, seven sunlit offices, and a chill breakroom. Every unit is pristine and ready for move-in. The lighthouse's panoramic views and cool spiral staircase are sure to impress. Plus, it's perfectly situated near a hospital, major highways, and shopping hubs. Ample parking is available upfront and at the back.

Type:
General Commercial
Sq.Ft.:
871
Status:
Active
Beds:
n/a
Year built:
1983
Baths:
MLS#:
11883435

ADDITIONAL INFORMATION

This is a condo office building near Rt 20 and with easy access to I90. The condo has 4 rooms, including a large open reception, conference room or office and 2 private offices plus a file/storage section. There is also a office condo next door in suite 304 for sale and owned by same party, see listing number 11883387. This building has plenty of parking, has all new common hallway carpeting and paint and outside was all painted in 2022. The other owners include medical services and insurance but also great location for financial services or general office use. Monthly Association dues are $466.45.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1862
Baths:
MLS#:
11871397

ADDITIONAL INFORMATION

GREAT EXPOSURE ON RT. 31/STATE ST. IN DOWNTOWN ELGIN. BROAD CC1 ZONING, 7326 SQ/FT BUILDING. BUILDING NEEDS EXTENSIVE WORK/REBUILD BUT THE LOCATION IS WORTH THE PRICE. BUILDING IS CURRENTLY CONDEMNED BECAUSE OF THE CITY VIOLATIONS.

Type:
Other
Sq.Ft.:
11,040
Status:
Active
Beds:
n/a
Lot size:
0.41 Acres
Year built:
1969
Baths:
MLS#:
11869176

ADDITIONAL INFORMATION

Introducing a Prime Commercial Opportunity with Endless Potential! Discover a remarkable commercial building that holds both history and opportunity. Formerly a bustling laundromat, this property is now awaiting a new owner to bring fresh ideas and businesses to life. The strategic advantage? All the essential equipment remains in place, ready for you to hit the ground running. Beyond the laundromat section, this property boasts additional room for diverse business ventures. The possibilities are limited only by your imagination. Need office space? Look no further. This property features conveniently available office suites, complete with separate men's and women's bathrooms for added comfort and convenience recent roof upgrade ensures that your investment is safeguarded from the elements, providing peace of mind for years to come.Don't miss out on this golden opportunity to shape the future of this commercial gem. Whether you're considering reviving the laundromat business or envisioning an entirely new concept, this property provides the canvas you need to transform your ideas into reality. Reach out today to schedule a viewing and explore the boundless possibilities that this property has to offer. Your entrepreneurial journey starts here.

Type:
Retail
Sq.Ft.:
759
Status:
Active
Beds:
n/a
Year built:
1991
Baths:
MLS#:
11804052

ADDITIONAL INFORMATION

AMAZING PROPERTY IN A GREAT LOCATION!! The property features a log cabin that has been renovated. Can be utilized as a store, bar, or many other retail/service possibilities! Huge pole barn is located on the property. So much potential on this amazing corner lot with plenty of acreage located right off high traffic count signaled intersection at Plank Rd and Rt. 20. Great potential for a development site with unlimited commercial possibilities.

Type:
Mixed Use
Sq.Ft.:
2,600
Status:
Active
Beds:
n/a
Year built:
1992
Baths:
MLS#:
11791189

ADDITIONAL INFORMATION

Country living at its finest! Welcome to the 5.42ac Historic Rothlsberger homestead. Nestled among a canopy of towering Oak trees, this farm has a 1992-built home updated thruout & 10 outbuildings. The HOME has 3 BR & 2 1/2 baths, gourmet kitchen, stainless appl, Labradorite stone counters, breakfast bar, custom cabinets, skylights, HW floors, vaulted ceilings, open layout, 1st floor master, backup generator & more. The paver patio leads to the heated in-ground pool with heated cabana room w/Tiki decor & hot tub. The coach home features main level guest quarters & 2nd floor rec area. The STABLE features 10 matted stalls, tack room&direct access to 6 paddocks & pastures w/Oak fencing. The main barn also has hayloft w/2nd story access. Other buildings include 3 car heated garage w/wkshop, Coach house, Corn crib/storage barn, 1 car garage, pool garage (storage & pool eqp), charming Tiki cabana & milk house. All buildings w/new/newer roofs. Ample garage parking for 14+ cars. The outbuildings are in good condition, but are older, so this property is being sold as-is. There are several Income producing options with this property. Nicor heat--no propane. Zoned Farm. By appointment only. After 1:30 pm for showings and daylight hours only. ALL SHOWINGS ARE RESTRICTED TO PRINCIPAL BUYERS & THEIR AGENT ONLY. PLEASE NO LARGE GROUPS IN ATTENDANCE ON THE PROPERTY AT SHOWINGS. Daylight showings please.

Type:
General Commercial
Sq.Ft.:
13,600
Status:
Active
Beds:
n/a
Year built:
1940
Baths:
MLS#:
11710318

ADDITIONAL INFORMATION

Freestanding Retail Building 13,600 SF PRICE REDUCED. Freestanding 13,600 SF masonry building, zoned commercial with warehouse, located in Downtown Elgin near the intersection of DuPage and Villa Street. 6,000 SF open first floor retail/showroom, 7,600SF of storage, warehouse on lower level. Recent updates include: Hardwood flooring on main floor, new double glass aluminum windows throughout, electrical brought up to date, updated ADA compliant bathrooms, updated plumbing along with new water heater and 16' high ceilings. New storefront windows and doors. LED Lighting on main floor, tuck point outside of building, fire alarm installed on both levels. Main level freshly painted. Service Elevator from main floor to lower level, ready to go.

Type:
General Commercial
Sq.Ft.:
5,400
Status:
Active
Beds:
n/a
Year built:
1995
Baths:
MLS#:
11655591

ADDITIONAL INFORMATION

Welcome to the former medical office and lab space located in the thriving Elgin area! This space is perfectly situated for businesses looking for a versatile workspace with great transportation options. With easy access to major highways getting anywhere from this location is a breeze. The space is ideally suited for dental or medical offices, featuring a layout that includes private treatment rooms and a reception area. The interior is well-maintained and move-in ready, featuring modern finishes. The lab area can also be converted into additional office or retail space, making it ideal for businesses that require a combination of workspace and showroom. In addition to dental or medical offices, this space can also be easily adapted to accommodate a range of other businesses, including retail shops, creative agencies, or tech startups. The space is flexible and can be customized to suit your specific needs and preferences. The building is equipped with heavy power, making it ideal for businesses that require high levels of electricity for specialized equipment. This makes the space perfect for medical or dental labs, as well as other businesses that require heavy power. The location is a major draw for this space, with high traffic road exposure offering excellent visibility and access to potential customers. Elgin is a growing and dynamic community with a thriving business district. The area offers a wide range of amenities, including restaurants, cafes, and retail shops, all within easy walking distance. Overall, this former medical office and lab space is an excellent choice for businesses seeking a versatile and well-maintained workspace in a prime location. Whether you're looking to lease or buy, this space is a top-quality option that shouldn't be missed.

Type:
Office
Sq.Ft.:
39,352
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
11282790

ADDITIONAL INFORMATION

We have this suite, 204 with 2500 square feet. It is currently split into smaller rooms for a dental practice but we can reconfigure for your use needs. There is a nice reception area plus private bathroom in the suite. We also have MLS list number 11282778. That listing is are suites 203 (1050 square feet) and suite 207 (1350 square feet). Suite 204 has a large kitchen/break room and suite 203 has a kitchen area. Each suite has a private bath in suite. Current tenants include Kane County, Senior Services and Royal Prestige. Offices are vacant and ready for immediate rental.

Type:
Office
Sq.Ft.:
3,500
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
10661779

ADDITIONAL INFORMATION

One of Elgin's Finest Historical Vintage Buildings. Built in the Late 1800's! At it's Origin, One of Elgin's Finest Jewelry Retail Stores. Located in the Heart of Downtown Elgin, a Block Away from the Fox River & New Riverwalk, Train and Bus Stations a 1/2 Block Away from the Free Public Parking Garage. 3 Blocks from City Hall, State of the Art Library & Elgin Park & Recreation Center. The Building Features Over 3,000sq ft of Office Space, 5 Private Office, 2 Conference Rooms, Enough Space for 12 to 14 Cubicle Spaces, An Unfinished Dry Basement for File Storage and 6 Private Parking Spaces in Back. Currently Owner Occupied. This is a Must See Building, You WON'T Be Disappointed!

Type:
Office
Sq.Ft.:
39,350
Status:
Active
Beds:
n/a
Lot size:
0.48 Acres
Year built:
1960
Baths:
MLS#:
10557636

ADDITIONAL INFORMATION

IN PLACE 10% CAP RATE - A 39,350 square foot office building in the heart of downtown Elgin is available for sale. Partially leased to Kane County, this building has great potential to add value. Additional tenants include doctors, legal firms and non-profits including Senior Service Associates. The L-shaped building features frontage on both Grove and Fulton St., with an adjacent free lot for parking. There is a common area break room and an elevator. A turn-key 2,700 square foot dental office and a 2,100 square foot office with riverviews are available.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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