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Two-Unit Office Space
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217 N McLean Boulevard, Elgin, IL 60123

Commercial Lease, Elgin, IL

Space Size607 SF - 659 SF
Days on Market590

Property Features for 217 N McLean Boulevard

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions N. McLean Blvd., just N. of Lawrence Ave. on E. side
Subdivision Elgin
Standard status Active

Utilities

Cooling system Central Air

Amenities

large parking lot
signage available
common baths
good visibility

Building Details

Year built 1980
Floors in Building 2
Number of units 9
Building materials Cedar
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Ben Henrikson · License #475091643
Added: Feb 19, 2025 Changed: Sep 29 Last Checked: Oct 2 at 11:06AM
MLS# 12293922

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.

Two office suites occupy the building’s second floor. Suite 2B measures 607 SF and includes a reception area, two offices, and a closet; suite 2A spans 659 SF with a reception area and two offices. Large windows bring natural light into the spaces, and restrooms are shared in the hallway.

The property at 217 N McLean Boulevard in Elgin, Illinois, has a large parking lot and available signage. Tenants pay their own gas and electric, with no other fees. The building was constructed in 1980 and has central air conditioning.

Key Highlights

  • Two second‑floor suites: 607 SF and 659 SF
  • Suite 2B has a reception area, 2 offices, and a closet
  • Suite 2A has a reception area and 2 offices

Property Analytics

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Current Use

Swift & Co Butcher Bender Dental Care: ... Dental Office Ruggio David a DDS Dental Office Evenly Orthodontics Dental Office AcADDemics (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

780
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Elgin, IL

$18.46 /SF/Yr
Avg Asking Price
$8–$42 /SF/Yr
Price Range
25,118 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
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Frequently Asked Questions

What type of property is this?
Office units - Both suites include reception areas and private offices, with shared restrooms in the hallway.
Where is this office units located?
The property is located at 217 N McLean Boulevard Elgin, IL.
What are key features of this property?
This property features: Two second‑floor suites: 607 SF and 659 SF; Suite 2B has a reception area, 2 offices, and a closet; Suite 2A has a reception area and 2 offices
More about this property
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