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    721 Dundee Ave Elgin, IL 60010

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    For Lease
    $1,000 /Mo ($41 SF/Yr)

    Recently updated office building with flexible leasing options.

    Property size:
    286 SF
    Lot size:
    0.18 Acres

    Property Features for 721 Dundee Ave

    General Information

    Size
    286 SF
    Lot size
    0.18 Acres

    Source: Premier Commercial Realty Agent Sharon Glasshof

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

    Overview

    Upscale Office Building For Lease

    This is a recently updated 2-story upscale office building featuring abundant natural light. The building is divisible into approximately 2,500 SF, 1,500 SF, or individual offices. A unique spiral staircase connects the upper main level to the lower level offices. The property is suitable for attorneys, insurance, real estate, engineering, or accounting firms. Improvements include upgraded lighting, flooring, bathrooms, a conference room, and a new parking lot. The main level offers approximately 2,500 SF with 4 private offices, a potential shared or private reception area, 2 baths, and a conference room. The rental rate for the full main level is $3,125 per month plus utilities, which equates to $15 per square foot gross. Individual offices are available for lease at $1,000 per month per office, full service gross, including utilities, Wi-Fi, and conference room use. The property offers ample parking and is located close to Route 25 and I-90. The property size is 286 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Kent M. Lucaccioni, ... Personal Injury Attorney

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2722498
    Latitude
    42.0505509

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    FAQs

    What type of property is this?
    Office space - Recently updated office building with flexible leasing options.
    Where is this office space located?
    The property is located at 721 Dundee Ave Elgin, IL.
    What is the lease rate?
    The lease rate is $41 SF/Yr.
    What are key features of this property?
    This property features: - Recently fully updated 2-story office building with lots of natural light; - Divisible space options: **±2,500 SF, 1,500 SF, or individual offices**; - Competitive lease rates
    (847) 533-6974
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    Elgin, IL 60010
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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
    721 Dundee Ave Elgin, IL 60010
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