This Retail Property is no longer advertised on LoopNet.com.

845 E Chicago St
Elgin, IL 60120
Ultimo Precio · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Auto Dealership
Building Size
16,500 SF
Building Class
C
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
2.92 AC
Zoning
CI, Elgin

Amenities

  • Corner Lot
  • Signalized Intersection

About 845 E CHICAGO ST , ELGIN, IL 60120

The Boulder Group is pleased to exclusively market for sale a single tenant net lease Ultimo Precio Auto Dealership located in Elgin, Illinois. The property is strategically located along the primary east-west thoroughfare in a densely populated area. The triple net lease features 2% annual rental escalations in the primary term and in the renewal option periods. Ultimo Precio, part of the Car Outlet Auto Group, is a subsidiary of Marubeni Corporation, a Fortune Global 500 company, providing reliable and affordable transportation through consumer auto financing and sales. The 25,000 square foot building on 2.50 acres of land is located along East Chicago Street in a densely populated residential area and prevalent car dealer corridor. Car dealers located in the immediate area on East Chicago Street include Nissan, Kia, Chrysler/Jeep/Dodge, and Ford. There are over 93,685 people living within a three mile radius of the property.

Property Taxes

Property Taxes

Parcel Number
06-18-302-069-0000
Land Assessment
$202,547
Improvements Assessment
$171,203
Total Assessment
$373,750
  • Listing ID: 6332622

  • Date on Market: 3/17/2017

  • Last Updated:

  • Address: 845 E Chicago St, Elgin, IL 60120

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