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First-Floor Office Unit
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1972 Larkin Avenue, Elgin, IL 60123

Commercial Lease, Elgin, IL

Space SizeContact for details
Days on Market113

Property Features for 1972 Larkin Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning OFFIC
Directions Larkin Ave., just East of Airlite St. on North side
Subdivision Elgin
Standard status Active

Utilities

Cooling system Central Air

Amenities

common hallway with baths

Building Details

Year built 1976
Floors in Building 1
Number of units 8
Building materials Brick
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Ben Henrikson · License #475091643
Added: May 13 Changed: Aug 19 Last Checked: Sep 2 at 11:06AM
MLS# 12647240

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.

A one-room office unit is available on the first floor of a brick office building constructed in 1976. The property has central air, with restrooms located along a shared interior hallway. The space is identified for office use and is available within the building.

Located at 1972 Larkin Avenue in Elgin, Illinois, the property sits east of Randall Road with visibility from Larkin Avenue. A parking lot is provided on the property, and zoning is identified as OFFIC.

Key Highlights

  • One‑room office unit on the first floor
  • Central air conditioning
  • Brick office building constructed in 1976

Property Analytics

Current Use

David A. Rice, DDS Dental Office The Law Office of Victoria ... Law Firm EAI Learning (Bike/Boat/Book/etc) Store Elgin Ohare Limousine ... Freight Service Edward Jones - Financial ... Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store Garden 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

1,104
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

$16.72 /SF/Yr
Avg Asking Price
$8–$37.77 /SF/Yr
Price Range
35,231 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 - Brick office building with central air, shared hallway access, and common restrooms.
Where is this office units located?
The property is located at 1972 Larkin Avenue Elgin, IL.
What are key features of this property?
This property features: One‑room office unit on the first floor; Central air conditioning; Brick office building constructed in 1976
More about this property
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