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Vintage Bank Building Office Space
For Lease
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119 W Main St W, Hoffman Estates, IL 60010

Office space in a vintage bank building for rent.

Space SizeContact for details
Property Size525 SF
Lot Size0.11 Acres
Days on Market820

Property Features for 119 W Main St W

General Information

Standard status Active
Size 525 SF
Lot size 0.11 Acres
Property subtype OFFICE

Spaces For Lease

at 119 W Main St W Contact us

119 W Main St $695/Mo

Contact us

119 W Main St $545/Mo

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Listing Agency: Premier Commercial Realty
Listed By: Sharon Glasshof · License #471012471
Source: Moodyscre
Added: May 7, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:49AM

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 Premier Commercial Realty

Investment Insights

Based on property information with market context.

Located in downtown West Dundee, this office space is situated in a vintage bank building. Suite 200, located on the second floor, offers approximately 2,800 square feet of space. The suite includes 2-3 private offices, a large conference room or fourth office with a fireplace, a kitchen, a bathroom, and a large open clerical area. The monthly rent is $1,925, which translates to $8.25 per square foot on a modified gross lease basis, plus utilities. CAM and taxes are included in the rent. Furniture is available if desired.

Key Highlights

  • Price Reduced: Offers significant cost savings.
  • Prime Location: Situated in downtown West Dundee.
  • Historic Building: Located in a lovely vintage bank building.

Property Analytics

Current Use

Edward Jones - Financial ... Financial Advisor Weatherproof Adjusters Financial Advisor Car Rental Car Rental Facility Brave Enough Therapy Crisis Center Hoover Roofing Company Roofing Company

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Catering Service Computer & Electronic Repair Bakery

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,017
Businesses Nearby

Demographics for 60010, IL

46,365
Population
17,621
Households
2.6
Avg Household Size
47
Median Age
70%
College-Educated
97%
High-School Grad
74.1 sq mi
ZIP Area
626
Density / Sq Mi
$175,050
Median Household Income
$86,255
Median Earnings
$2,459
Median Rent
$622,900
Median Home Value

Market

Lease Benchmarks for Hoffman Estates, IL

$17.39 /SF/Yr
Avg Asking Price
$7.1–$37.77 /SF/Yr
Price Range
28,299 SF
Avg Space Size

This space is priced 9% below the average of $17.39 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space in a vintage bank building for rent.
Where is this office units located?
The property is located at 119 W Main St W Hoffman Estates, IL.
What is the lease rate?
The lease rate is $695 /Mo.
What are key features of this property?
This property features: Price Reduced: Offers significant cost savings.; Prime Location: Situated in downtown West Dundee.; Historic Building: Located in a lovely vintage bank building.
(847) 533-6974 Call to check price and availability
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