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Remodeled Office Unit
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64 N Alfred Avenue, Elgin, IL 60123

Commercial Lease, Elgin, IL

Space SizeContact for details
Days on Market218

Property Features for 64 N Alfred Avenue

General Information

Property type Commercial Lease
Property subtype Office
Directions North on Randall, East on Larkin, property on left hand side
Subdivision Elgin
Standard status Active

Utilities

Cooling system Central Air

Building Details

Year built 1956
Floors in Building 1
Flooring type Carpet
Building materials Brick, Concrete, Block
Listing Agency: Inspire Realty Group LLC
Listed By: Christopher Davis · License #471020520
Added: Feb 2 Changed: Aug 20 Last Checked: Sep 8 at 10:06PM
MLS# 12559803

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 office unit offers approximately 900+ square feet of recently updated workspace. Improvements include new flooring and fresh paint, with central air conditioning for year-round comfort. The building was constructed in 1956 and features brick, concrete, and block construction.

Positioned at the northwest corner of Larkin Avenue and Alfred Avenue, the property fronts a connector street linking downtown Elgin with Randall Road and US Bypass #20 to the west. Its corner setting provides direct access to established local routes while maintaining a practical office configuration.

Key Highlights

  • Approximately 900+ square feet of office space
  • Recently updated with new flooring and fresh paint
  • Central air conditioning

Property Analytics

Current Use

Your Home Solutions, ... Construction Company Law Offices of Cinthya ... Law Firm Caroline Hernandez, JD Law Firm Millennium Property Concepts Accounting Firm

Suggested Use

Top Pick Skin Care Clinic Electrical Service Locksmith Cafe & Coffee Shop Parking Lot & Garage Bakery

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
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

572
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

$16.57 /SF/Yr
Avg Asking Price
$8–$37.77 /SF/Yr
Price Range
44,158 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 - Updated workspace with central air at the corner of Larkin and Alfred Avenues.
Where is this office units located?
The property is located at 64 N Alfred Avenue Elgin, IL.
What are key features of this property?
This property features: Approximately 900+ square feet of office space; Recently updated with new flooring and fresh paint; Central air conditioning
More about this property
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