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Address
Asking Price
33 Lynch Street
33 Lynch St
Elgin, IL
Lot Size:0.51Acres
Elgin is a City in Cook and Kane counties, located in northern Illinois. It is roughly 35 miles northwest of Chicago and lies along the Fox River. With a population of 114,797 as of 2020, this makes it the 6th largest city in Illinois. The City can be accessed via Metra Train, as well as I-90 to the north with direct access off of Lake Street (IL Rt. 20), a major North-South highway, and from the south
via IL Route 31 which also easily accesses Lake Street. The City of Elgin is bordered by South Elgin, Streamwood,
Bartlett, and West Dundee. Downtown Elgin is a robust
area currently making a turnaround economically with
several new multi-family housing projects, a beautiful
River Walk along the Fox River and the largest riverboat
revenue producer in the state, The Grand Victoria
Riverboat Casino.
In 2013, Elgin ranked number one in the Chicago
metropolitan area in new home starts, while ranking
second in new home closings. Elgin’s downtown has also
been the center of city renovations and new
developments, new townhouses, condo towers, loft
spaces and art galleries have all opened over the past
decade, adding to a bustling and revived downtown
district.
Elgin is part of the Northern Fox Valley communities
including 11 towns that run along the Fox River. Elgin,
known as the Northern Fox Valley hub, has a distinctive
heritage that is reflected with the well-maintained
museums, historic districts, and parks. The City is also well
known for its significant efforts in preserving and
maintaining its downtown and riverfront area. This is
evidenced in the increased draw for new, multi-family
developments in the downtown district and along the
riverfront. The downtown district of Elgin also boasts a two
time award winning Elgin Symphony Orchestra, which has
a significant draw for surrounding areas. Additionally, The
Hemmens Cultural Center and Elgin’s Community College’s
Visual and Performing Arts Center provides for a wellrounded
cultural center.
$1,969,000
Former Elgin Hospital Property with Development Land
901 Center St
Elgin, IL
Lot Size:13.70Acres
Elgin 254,000 SF Former Hospital
$2,950,000
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Market Stats
Elgin has 436 commercial real estate spaces for lease, representing 11,654,109 sqft space.
160 buildings are available for sale.
In the past 30 days, Elgin has had 18 spaces leased.
Metropolitan areas near Elgin, IL
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