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First-Floor Office Unit
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1750 Grandstand Place, Elgin, IL 60123

COMMERCIAL - Elgin, IL

Space Size2,250 SF
Days on Market210

Property Features for 1750 Grandstand Place

General Information

Property type Commercial Lease
Property subtype Office
Zoning OFFIC
Directions Larkin Ave. to Lyle Ave. N. to Grandstand Pl.--W. (on corner)
Subdivision Elgin
Standard status Active

Utilities

Cooling system Central Air

Amenities

motion sensor common hallway lighting

Building Details

Year built 1990
Floors in Building 2
Number of units 8
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Ben Henrikson · License #475091643
Added: Jan 19 Changed: Aug 4 Last Checked: Aug 17 at 6:06PM
MLS# 12550525

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This first-floor office unit offers 2,250 SF of professional workspace arranged with a large open area, 5 private offices, 2 conference rooms, and an IT closet. Numerous windows bring natural light into the suite, while central air supports year-round comfort. The property was built in 1990 and incorporates several energy-conscious features, including motion-sensor lighting in common hallways, substantial insulation, and all-electric systems.

The building is positioned next to Jewel on Larkin Ave in Elgin and provides ample parking. Common-area electricity is allocated according to each unit’s square footage and billed quarterly, giving occupants a defined structure for that shared expense.

Key Highlights

  • 2,250 SF first‑floor office unit
  • Large open workspace with 5 private offices
  • 2 conference rooms plus a dedicated IT closet

Property Analytics

Current Use

Kane County Health ... Public Health Department Gospel Justice Initiative Social Service Agency Sherry Lochen - COUNTRY ... Insurance Agency Lucas Fawkes - COUNTRY ... Insurance Agency Victor Alvarado - COUNTRY ... Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Auto Parts Store Bakery Electrical Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,131
Businesses Nearby

Demographics for 60123, IL

47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value

Market

Lease Benchmarks for Elgin, IL

$17.23 /SF/Yr
Avg Asking Price
$10.5–$30.72 /SF/Yr
Price Range
31,334 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan workspace includes private offices, conference rooms, and abundant natural light.
Where is this office units located?
The property is located at 1750 Grandstand Place Elgin, IL.
What are key features of this property?
This property features: 2,250 SF first‑floor office unit; Large open workspace with 5 private offices; 2 conference rooms plus a dedicated IT closet
More about this property
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