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1575 Holmes Rd

48,279 SF Industrial Building Elgin, IL 60123 £2,785,082 (£58/SF)

Investment Highlights

  • Quick access to I-90 via either Route 31 or Randall Road.
  • Free-standing building.
  • Location on “hard corner” of Holmes and McLean.

Executive Summary

+ Site Size: 2.44 AC
+ Building Size: 48,279 SF
+ Office Size: 7,446 SF
+ Ceiling Height: 18’ clear
+ Loading: 4 interior docks, 1 drive-in door
+ Power: 800a @240v
+ Car Parking: ±60 spaces
+ Real Estate Taxes: $1.54 PSF (paid 2023)
+ Asking Sale Price: $3,495,000
+ Asking Lease Rate: Subject to Offer

Property Facts

Price £2,785,082
Price Per SF £58
Sale Type Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 2.50 AC
Rentable Building Area 48,279 SF
Number of Floors 1
Year Built 1987
Tenancy Single
Parking Ratio 1.24/1,000 SF
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 4
Level Access Doors 1

Utilities

  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 48,279 SF
  • Industrial
  • Partial Build-Out
  • Now

+ Site Size: 2.44 AC + Building Size: 48,279 SF + Office Size: 7,446 SF + Ceiling Height: 18’ clear + Loading: 4 interior docks, 1 drive-in door + Power: 800a @240v + Car Parking: ±60 spaces + Real Estate Taxes: $1.54 PSF (paid 2023) + Asking Sale Price: $3,495,000 + Asking Lease Rate: Subject to Offer.

Space Size Space Use Condition Available
1st Floor 48,279 SF Industrial Partial Build-Out Now

1st Floor

Size
48,279 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Floor

Size 48,279 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

+ Site Size: 2.44 AC + Building Size: 48,279 SF + Office Size: 7,446 SF + Ceiling Height: 18’ clear + Loading: 4 interior docks, 1 drive-in door + Power: 800a @240v + Car Parking: ±60 spaces + Real Estate Taxes: $1.54 PSF (paid 2023) + Asking Sale Price: $3,495,000 + Asking Lease Rate: Subject to Offer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-33-300-087
Land Assessment
£156,509
Improvements Assessment
£649,788
Total Assessment
£806,298

zoning

Zoning Code M-1
M-1
  • Listing ID: 33281793

  • Date on Market: 24/09/2024

  • Last Updated:

  • Address: 1575 Holmes Rd, Elgin, IL 60123

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