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Two-Story Upscale Office Building
For Lease
$1,000/Mo

721 Dundee Ave., Elgin, IL 60120

A two-story upscale office building offered for rent, well suited for professional tenants seeking a refined workspace.

Space Size180 SF - 266 SF
Property Size5,165 SF
Days on Market84

Property Features for 721 Dundee Ave.

General Information

Standard status Active
Size 180 SF - 266 SF
Class B
Property subtype Office - General Office

Building Details

Building Size 5,165 SF
Year Built 1958
Year Renovated 2020
Stories 2

Spaces For Lease

at 721 Dundee Ave. Contact us

1st Floor Available

Size
180-266 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Premier Commercial Realty
Listed By: Sharon Glasshof · License #471012471
Source: Commercialcafe
Added: Jun 2 Changed: Aug 23 Last Checked: Aug 23 at 2:58AM

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.

This property is a two-story office building presented as an upscale workplace. The building configuration supports traditional office use, making it a straightforward option for organizations that want a professional, polished setting for day-to-day operations.

Located at 721 Dundee Ave. in Elgin, Illinois, the property is positioned for tenants looking for a dedicated office environment within the local market. As a rental offering, it provides an opportunity to establish or relocate to an office facility designed for clients, staff, and business activity across two levels.

From a tenant perspective, a two-story office building with an upscale presentation can fit a range of professional needs, including business services, consulting, administrative operations, and other office-driven uses. The best fit is typically an organization that values a more elevated appearance and benefits from a clear, conventional office layout spread over two floors. Interested parties can evaluate the space based on their workflow requirements and occupancy plans, taking into account how a two-level office can support both work areas and meeting-focused functions.

Key Highlights

  • 2‑story office building
  • Built in 1958

Property Analytics

Current Use

Kent M. Lucaccioni, ... Law Firm

Suggested Use

Top Pick Law Firm Plumbing Service Storage Facility Electrical Service Garden Center Catering Service

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

794
Businesses Nearby

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value

Market

Lease Benchmarks for Elgin, IL

$18.38 /SF/Yr
Avg Asking Price
$15–$23 /SF/Yr
Price Range
25,849 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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - A two-story upscale office building offered for rent, well suited for professional tenants seeking a refined workspace.
Where is this office building located?
The property is located at 721 Dundee Ave. Elgin, IL.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: 2‑story office building; Built in 1958
More about this property
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