Elgin, IL 60124
$4,435,000
Mark Quesada
Broker / Owner
LIC #475144827
Fully leased, four-tenant retail center anchored by Chipotle with a drive-thru, offering a strong, stable investment opportunity in a high-demand Chicago suburban corridor. The property features long-term leases with built-in rental increases, delivering reliable cash flow and future income growth. Strategically positioned at a signalized hard corner just off I-90, the center benefits from excellent visibility and combined traffic counts exceeding 150,000 vehicles per day. The surrounding area is densely populated, with over 115,000 residents and average household incomes exceeding $155,000 within a one-mile radius. Located in a rapidly growing trade area with a strong daytime population, this asset presents a compelling opportunity for investors seeking a low-management, income-producing retail property in a premier location.
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$33,331/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Michael Deacon, Premier Commercial Realty
MLS# MRD12639170 · Active
History reflects records reported to the MLS and may be incomplete.