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    530 N Mclean Blvd Elgin, IL 60123

    For Sale
    $349,900

    Business - Elgin, IL

    Type:Business
    Property size:
    2,400 SF
    Lot size:
    0.26 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 530 N Mclean Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    COMMR
    APN
    0610378012
    Size
    2,400 SF
    Lot size
    0.26 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1982
    Number of units
    1
    Architectural style
    Other

    Redfin Corporation [email protected]

    Listing agent Jacqueline Casino (224) 699-5002 License #475126970

    Listing date Oct 24, 2025

    MLS# 12503426 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

    Prime Corner Lot Office Building

    This single-story, all-brick, stand-alone office building is situated on a prime corner lot, offering outstanding visibility and signage potential. The property, previously configured with a welcoming waiting area, reception desk, 4 to 6 private offices, a storage room, a kitchen/breakroom, and two half baths, presents a blank canvas suitable for various ventures, including a medical practice or professional service firm. A blacktop parking lot provides space for 13 to 18 vehicles. A new roof was installed in 2022. The property is being sold AS-IS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -88.3122142
    Latitude
    42.0464122

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    FAQs

    What type of property is this?
    Office building - Single-story office building on a prime corner lot in Elgin.
    Where is this office building located?
    The property is located at 530 N Mclean Blvd Elgin, IL.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Prime corner lot location with outstanding visibility and signage potential.; - Stand-alone, single-story all-brick building.; - Blacktop parking lot accommodates 13-18 vehicles.
    (224) 699-5002
    Request Owner's contact information
    530 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
    530 N Mclean Blvd Elgin, IL 60123
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