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    472 N Mclean Blvd Elgin, IL 60123

    New
    Under Contract
    For Sale
    $299,000

    Commercial Sale - Elgin, IL

    Property size:
    8,000 SF
    Lot size:
    0.67 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 472 N Mclean Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    0610378155
    Size
    8,000 SF
    Lot size
    0.67 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1989
    Number of units
    2
    Flooring type
    Carpet, Vinyl
    Roof type
    Membrane
    Architectural style
    Other

    Patron, Inc (dba RE/MAX Horizon) (630) 215-6600 [email protected]

    Listing agent Ben Henrikson (847) 931-7500 License #475091643

    Listing date Dec 3, 2025

    MLS# 12427608 Listing URL

    Copyright © 2025 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.

    Overview

    Luxury Office Condo For Sale

    This is a 4000 square foot luxury office condo suitable for business operations. The space has been completely remodeled with high-end finishes, including a large conference room, a full kitchen, a large open area with cubicles, a private office, a tech room, a coffee bar, and two sets of bathrooms. It occupies the entire second floor of a well-maintained building, accessible by elevator and two stairwells. The building features a newer roof and updated windows. Originally two condos combined into one office, the space can be divided back into two private condos of 2438 and 1562 square feet respectively. The property is available for sale or lease, either as a single unit or divided. The zoning is commercial and the lot size is 0.67 acres.
    Insight Report Location Intelligence

    Current Use by Public Records

    Titan Plumbing & Drain ... Plumber 17 Colin Construction ... Construction Company hireneXus Employment Agency Elgin Eye Clinic Eye Care Center Vida Yoga and Fitness Yoga Studio

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.3123034
    Latitude
    42.0442858

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    FAQs

    What type of property is this?
    Office space - Remodeled 4000 SF office condo with high-end finishes.
    Where is this office space located?
    The property is located at 472 N Mclean Blvd Elgin, IL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - 4000 SF Luxury Office Condo with High-End Finishes; - Divisible into Two Separate Condos (2438 SF + 1562 SF); - Includes Large Conference Room, Full Kitchen, and Private Office
    (847) 931-7500
    Request Owner's contact information
    472 N Mclean Blvd Elgin, IL 60123
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    Elgin, IL 60123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    472 N Mclean Blvd Elgin, IL 60123
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