This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

962 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

474 Redington Dr
South Elgin, IL 60177

Retail Property For Sale

Retail Space Illinois South Elgin 474 Redington Dr, South Elgin, IL 60177

Executive Summary

This is a single tenant NNN lease investment. 4 Wheel Parts is the tenant who is owned by Polaris Inc. (NYSE: PII) The lease runs through May 2025 with two 5 year options.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
11,569 SF
Building Class
C
Year Built
2005
Price
$3,339,746 CAD
Price Per SF
$289 CAD
Cap Rate
7%
NOI
$233,825 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.04 AC
Zoning
B-2 Community Business
Parking
30 Spaces (2.59 Spaces per 1,000 SF Leased)
Frontage
245 ft on Redington Dr

PROPERTY TAXES

Parcel Number 09-05-278-007 Improvements Assessment $533,921 CAD
Land Assessment $259,884 CAD Total Assessment $793,805 CAD

PROPERTY TAXES

Parcel Number
09-05-278-007
Land Assessment
$259,884 CAD
Improvements Assessment
$533,921 CAD
Total Assessment
$793,805 CAD
 

  • Listing ID: 27022883

  • Date on Market: 2022-11-02

  • Last Updated:

  • Address: 474 Redington Dr, South Elgin, IL 60177

The Retail Property at 474 Redington Dr, South Elgin, IL 60177 is currently available for sale. Contact Corcoran Commercial Real Estate for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/11
474 Redington Dr, South Elgin, IL for sale Building Photo- Image 1 of 11
1_474Redington_Elgin_IL_Small
474 Redington Dr, South Elgin, IL for sale Building Photo- Image 2 of 10
2_474Redington_Elgin_IL_Small
474 Redington Dr, South Elgin, IL for sale Building Photo- Image 3 of 10
3_474Redington_Elgin_IL_Small
474 Redington Dr, South Elgin, IL for sale Building Photo- Image 4 of 10
4_474Redington_Elgin_IL_Small
474 Redington Dr, South Elgin, IL for sale Building Photo- Image 5 of 10
5_474Redington_Elgin_IL_Small
474 Redington Dr, South Elgin, IL for sale Building Photo- Image 6 of 10
6_474Redington_Elgin_IL_Small
474 Redington Dr, South Elgin, IL for sale Building Photo- Image 7 of 10
7_474Redington_Elgin_IL_Small
474 Redington Dr, South Elgin, IL for sale Building Photo- Image 8 of 10
8_474Redington_Elgin_IL_Small
474 Redington Dr, South Elgin, IL for sale Building Photo- Image 9 of 10
Building Photo

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link