Listing Agency: Lee & Associates | Chicago j***@lee-associates.com Show Phone

Listed By: Kenneth Franzese Show Phone

Source: Moodyscre

Added: Mar 18, 2025 Changed: Jul 6 Last Checked: Jul 22 at 3:58AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Chicago

Investment Insights

Based on property information with market context.

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.

Key Highlights

• Below market lease rates!
• Fully renovated facility with upgrades including a new roof, HVAC and exterior windows.
• Immediate occupancy available

Property Analytics

Property Profile

Current Use

A.N.D. Staffing Employment Agency IHC Construction Companies ... Construction Company Pest Animal Removal ... Garden Center Central Salt LLC Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Hair Salon Auto Parts Store Furniture & Home Goods

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

434

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Elgin, IL

$14.76 /SF/Yr

Avg Asking Price

$7.1–$23.91 /SF/Yr

Price Range

14,380 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Warehouse/Shop with Garage Door

9N533 Nesler Road #10, Elgin, IL 60124

$8 SF/Yr

750 sqft

View details

Office Suite on 8th Floor

164 Division Street, Elgin, IL 60120

$21 SF/Yr

5,340 sqft

View details

First-Floor Office Suite

1750 Grandstand Place #2, Elgin, IL 60123

$13 SF/Yr

2,250 sqft

View details

Restaurant Space with Outdoor Patio

2506 N Randall Road, Elgin, IL 60124

$32 SF/Yr

1,739 sqft

View details

Flex and Industrial Warehouse Space

1380 Gateway Dr, Elgin, IL 60124

$9.50 SF/Yr

52,000 sqft

View details

Medical Office Space For Rent

1750 N Randall Rd., Elgin, IL 60123

$18 SF/Yr

30,000 sqft

View details

Sponsored

Scalable Office Solutions at IL, Elgin - Point Blvd. Contact us today to book a tour!

2250 Point Blvd, Unit 335, Elgin, IL 60123

$129-$11,706/Mo

View details

Class A Office Space Available

2205 Point Blvd, Elgin, IL 60123

$14 SF/Yr

60,000 sqft

View details

Two-Story Upscale Office Building

721 Dundee Ave., Elgin, IL 60120

$1,000/Mo

View details

Industrial Office Flex Unit

1390 Gateway Dr, Elgin, IL 60124

Contact for pricing

7,520 sqft

View details

Medical Office Building with Covered Drop-Off

750 Fletcher Dr, Elgin, IL 60123

Contact for pricing

2,769 sqft

View details

Medical Office Suite with Drop-Off

750 Fletcher Dr, Elgin, IL 60123

Contact for pricing

4,114 sqft

View details

Frequently Asked Questions

What type of property is this?

Office units - Recently renovated office space with expressway frontage and flexible terms.

Where is this office units 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