Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom commercial at 303 Elgin Avenue in Elgin, IL is listed for $1,450,000. Built in 1950, on a 0.90 acres lot.

Agent Description

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.

Key Features

  • Built in 1950
  • 0.90 acre lot

Property Details

1 story
1950

Amenities

A/C

Monthly Cost Estimate

$7,755/mo

20% down · 6.5% · 30 years

Principal$1,049
Interest$6,283
Insurance$423

Estimates only. Actual payments may vary.

Location

303 Elgin Avenue

Elgin, IL 60120

Property Details

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 303 Elgin Avenue is listed at $1,450,000. The estimated monthly payment is $6,283 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.90 acre lot.

This property is listed by Aimee Corbett and can be reached at (815) 553-2411 or acorbett@coldwellhomes.com.

AC

Aimee Corbett

Agent at Coldwell Banker Real Estate Group

(815) 553-2411

Listed by Coldwell Banker Real Estate Group

MLS# 12556114· Source: listhub· Updated 125 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

303 Elgin Avenue, Elgin, IL 60120

Open this listing in: