Wells Fargo - Porte Brown
1752 Capital Street, Elgin, IL 60124
Marcus & Millichap is pleased to present 1752 Capital Street in Elgin, Illinois. This high-quality asset was built in 2008 and is located at the intersection of Interstate 90 and Randall Road. This is a crossroads of commerce in the north western suburbs.
High-quality investment products surround this building, with a Chase Operations Center located next door to the property and the new Advocate Sherman Hospital located directly across Randall Road. John B Sanfilippo & Son corporate headquarter is located nearby.
The property is fully stabilized and will provide the new owner ease of management and steady cash flow.
Gross Square Feet 26,799
Price/Square Foot $163
CAP Rate 8.75%
Parcel Size 2.52 Acres
Year Built 2008
Sold Price: $4,200,000
Sold CAP Rate: 9.11%