Listing provided courtesy of Coldwell Banker Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12556114MLS Provider

303 Elgin AvenueElgin, IL 60120

Commercial · 15,585 Sq. ft. | 0.90 Acres
$1,450,000 Active

303 Elgin Avenue Overview

Time on Site:
153 days
Visits:
0

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 1,600 sf with a private executive office. Updated LED lighting throughout provides good lighting and lower utility bills. 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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303 Elgin Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 15,585
  • Price/Sq.ft. $93
  • Lot 0.90 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1950

Business Information

  • Current Use: Commercial,Industrial

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: Elgin

Tax Information

  • Tax Annual Amount: $22,800.00
  • Tax Year: 2024

General Information

  • Parcel Number: 0624377005
  • Possible Use: Commercial,Industrial
  • Property Sub Type: Warehouse
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 15585

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Power - 240V, Three Phase, Heavy Power 1200+ Amps
  • Leasable Area: 15585
  • Stories: 1

Unit Information

  • Unit SqFt.: 15585

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.9
  • Lot Size Dimensions: 305x208x32x52x103x10x72x140
  • Lot Size Square Feet: 39494

303 Elgin Avenue Neighborhood

Community

60120 (ELGIN) Demographics

33
Median Age
2,977
Population Density (per sq. mile)
26%
College Educated
$67,780
Estimated Median Income
10,159
Estimated Total Home Owners
5,264
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

303 Elgin Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

303 Elgin Avenue Market Data

Based on the last 30 days in this zip code

$321,575
Average List Price
$205
Average Price per Square Foot
29
Properties Sold
44
Average Days on Market
77
Properties for Sale
Calculations provided by Reliance Network

303 Elgin Avenue History

Date Event Value Agent
2/2/2026Source: MRED Status Change
Active
1/27/2026Source: MRED Added to Database
January 27, 2026