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    555-571 N Mclean Blvd Elgin, IL 60123

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    For Lease
    Contact for pricing

    Retail, office, and medical space with high visibility.

    Property size:
    983 SF
    Lot size:
    4.64 Acres

    Property Features for 555-571 N Mclean Blvd

    General Information

    Size
    983 SF
    Lot size
    4.64 Acres

    Source: DLC Management Corp - Corporate Agent Dan Nieman

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

    Overview

    Retail Space in Elgin Center

    This center features a freestanding Walgreens as an end-cap anchor. Retail, office, and medical space is available. The property benefits from excellent frontage, visibility, and signage on N. McLean Blvd, with a traffic count of 31,000 vehicles per day. Ample parking is available. The property offers 983 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Wing Park Shopping Ctr, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.3110658
    Latitude
    42.0472909

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    FAQs

    What type of property is this?
    Shopping center - Retail, office, and medical space with high visibility.
    Where is this shopping center located?
    The property is located at 555-571 N Mclean Blvd Elgin, IL.
    What are key features of this property?
    This property features: - Freestanding Walgreens as an end-cap anchor; - Excellent frontage, visibility, and signage to N. McLean Blvd; - High traffic count of 31,000 VPD
    (704) 796-2437
    Request Owner's contact information
    555-571 N Mclean Blvd 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
    555-571 N Mclean Blvd Elgin, IL 60123
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