303 Elgin Avenue Elgin, IL $ 1,350,000
303 Elgin Avenue
$ 1,350,000
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303 Elgin Avenue

Elgin, IL, 60120
$ 1,350,000
Bedrooms-- Baths-- Sq 15,585

Monthly Estimate*

$ 8,422

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Commercial Property for sale in Elgin, IL

for $1,350,000. This 15,585 square foot building was built in 1950 on a lot size of 0.9.

If heavy power and heavy load floor is what you need look no further. With 2,000 amps of 240 3 phase power you won't come up short. Sitting on .9067 acres this brick and block construction building is ideal for large scale production and heavy machinery. Historically it has been used for injection molding. This well maintained industrial building is set up well for manufacturing and includes a gantry system with three 2 ton hoists, three 1 ton hoists and a 2 ton jib crane. There is an additional 3 ton chain hoist included with the building. In the 8,300 sf main building there is a 10' x 10' overhead door and three mezzanines that add over 1,200 sf of valuable usable square footage. One mezzanine is used for the warehouse office. This one is heated and cooled. The other two are decked with 1.5" cross planked floors making them suitable for heavy storage. Additionally, a large 42' x 40' room is also heated and cooled and is the location of one of the 2 ton hoists. A 4,680 sf addition was added in 2016 that features 16' clear ceilings, one 12' x 12' overhead door and on 14' x 16' high overhead door both with openers. The roof on the main building was replaced in 2016 with a 50 year Flexicore EPDM roof. The roof still has 10 years of warranty remaining. The 350k BTU unit heater and the two 100k BTU furnaces were updated in 2018. The building is piped for air (includes 15 and 20 HP air compressors) and features water cooler lines throughout (chiller mount on roof) plus there are multiple floor drains. The office space is approximately 1,086 sf with a private executive office. Fire safety features include radio alarm monitoring and there is also a security system. There are 40 parking spaces located in the front side and rear of the building. There is room to add a loading dock to the building and truck parking to the east. Immediate access to Rt 20 and close proximity to I-90 is a plus.

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Commercial Contingent

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 22,800

Style

Commercial,Industrial

Lot Size

0.9

Year Built

1950

Town/City

Elgin

County/Region

Kane

MLS | Web ID

12491112

Features
General
Cooling Central Air
Zoning INDUS
Year Built 1950
Electric Circuit Breakers Power - 240V Three Phase Heavy Power 1200+ Amps
Stories Count 1
Township Elgin
Property Subtype Warehouse
Tax Year 2024
Current Use Commercial Industrial
Gross Income 0
County Kane
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Contingency Attorney/Inspection
Status Contingent
Directions Route 20 to Route 25 S to Bluff City Blvd W to Raymond S to Elgin Ave W - property is on the left
City Elgin
MLS Area Elgin
Lot Size Square Feet 39494
Tax Annual Amount 22800
Additional Parcels Y/N N
Leasable Area 15585
Standard Status Active Under Contract
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Interior
Flooring Concrete
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Exterior
Building Area Total 15585
Lot Dimensions 305x208x32x52x103x10x72x140
Lot Size Acres 0.9
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

chas.kirkwood@gmail.com

Email

Affordability Calculator

$10,322
Per Month
82%
18%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
$1,900
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2025$1,350,000 Listed Price

Map


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303 Elgin Avenue, Elgin, IL, 60120 is a Commercial Property for sale at $1,350,000 with 15,585 sqft and a lot size of 0.9. 303 Elgin Avenue was built in 1950. The property's zip code is 60120 which is in Elgin, IL