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    2000 Larkin Ave Elgin, IL 60123

    Sponsored
    For Sale
    $49,500

    871 sq ft Office Condo, Great Access

    Property size:
    871 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 871-square-foot condo office space at 2000 Larkin Avenue, Unit 305, Elgin, IL, presents a fantastic opportunity for businesses seeking a convenient and well-maintained location. Situated near Route 20 and with easy access to I-90, this property offers exceptional accessibility for clients and employees. The unit itself boasts a functional layout, including a spacious open reception area, perfect for welcoming visitors. In addition to the reception area, there is a dedicated conference room or office, providing flexibility for meetings and presentations. Two private offices offer quiet spaces for focused work, while a separate file/storage section ensures efficient organization. Ample parking is available for staff and clients. The building has recently undergone improvements, including brand new carpeting and paint in the common hallways, and exterior painting completed in 2022. The building's diverse tenant mix currently includes medical services and insurance companies, creating a professional and collaborative environment. This location is ideal for a variety of businesses, including financial services or general office uses. Monthly association dues are $466.45. This move-in ready condo offers a compelling combination of convenience, functionality, and recent upgrades, making it an attractive option for discerning businesses.

    Property Features for 2000 Larkin Ave

    General Information

    Property type
    Residential income properties
    Square Feet
    871 SF

    Building Details

    Year Built
    1983
    Location Intelligence

    Current Use by Public Records

    Managed Care Consultants Business Management Consultant Morgan Jones & Co Insurance Agency Frank A. Maggio, DDS Dentist CBI International LLC Computer Consultant FluxCatalyst Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.32715
    Latitude
    42.03293

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    FAQs

    What type of property is this?
    Residential income property - 871 sq ft Office Condo, Great Access
    Where is this residential income property located?
    The property is located at 2000 Larkin Ave Elgin, IL.
    What is the asking price?
    The asking price for this property is $49,500.
    (847) 695-6040
    Request Owner's contact information
    2000 Larkin Ave 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
    2000 Larkin Ave Elgin, IL 60123
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