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    80 S Grv Ave Elgin, IL 60120

    For Lease
    $15 SF/Yr

    Office - Elgin, IL

    Type:Office
    Days on Market:
    60
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 80 S Grv Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1900
    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 Oct 7, 2025

    MLS# 12490268 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

    Downtown Elgin Office Space Available

    Office space is available for rent in downtown Elgin, Illinois, adjacent to city-provided free street-level parking. The street-facing second-floor office offers 4,000 square feet of space, including nine individual offices, a conference room, a kitchenette, and two bathrooms. This space is available for $5,000 per month, plus utilities. An additional 1,130-square-foot space is also available, featuring three private offices, a large open area, and a private bathroom. The rent for this space is $1,500 per month, plus utilities. The two spaces can be combined to create a total of 5,000 square feet of office space.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2392
    Latitude
    42.035

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    FAQs

    What type of property is this?
    Office space - Office space in downtown Elgin with flexible configurations.
    Where is this office space located?
    The property is located at 80 S Grv Ave Elgin, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Elgin location.; - Adjacent to free city parking.; - Option to lease 4000 SF or 1130 SF, or combine for 5000 SF.
    (847) 931-7500
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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
    80 S Grv Ave Elgin, IL 60120
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