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    385 Airport Rd Elgin, IL 60123

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    For Lease
    Contact for pricing

    Recently renovated office space with expressway frontage and flexible terms.

    Property size:
    3,439 SF
    Lot size:
    1.69 Acres

    Property Features for 385 Airport Rd

    General Information

    Size
    3,439 SF
    Lot size
    1.69 Acres

    Source: Lee & Associates | Chicago Agent Kenneth Franzese

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Space Available

    This is a fully renovated office facility featuring upgrades such as a new roof, HVAC system, and exterior windows. The available space is 2,000 square feet within an office building. The lease rate is offered at a price per square foot per year, with negotiable lease terms. Immediate occupancy is available. The property benefits from expressway frontage and visibility, along with easy expressway access. New ownership provides on-site property management. Flexible suite sizes and layouts are available, along with fully furnished suites.
    Insight Report Location Intelligence

    Current Use by Public Records

    A.N.D. Staffing Employment Agency IHC Construction Companies ... Construction Company Pest Animal Removal ... Pest Control Service Central Salt LLC Food

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -88.2872004
    Latitude
    42.0673634

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    FAQs

    What type of property is this?
    Office space - Recently renovated office space with expressway frontage and flexible terms.
    Where is this office space located?
    The property is located at 385 Airport Rd Elgin, IL.
    What are key features of this property?
    This property features: - Below market lease rates!; - Fully renovated facility with upgrades including a new roof, HVAC and exterior windows.; - Immediate occupancy available
    (847) 456-4213
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    385 Airport Rd 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
    385 Airport Rd Elgin, IL 60123
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