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Multi-Unit Office Building
For Lease
$12 SF/Yr

D-217 N Mclean Blvd, Elgin, IL 60123

Four office units are available across the main and second floors, with large windows and shared hallway restrooms.

Space SizeContact for details
Days on Market565

Property Features for D-217 N Mclean Blvd

General Information

Standard status Active

Additional Details

Office Units 4

Amenities

common baths
large parking lot
signage available
good visibility

Building Details

Tenancy Multi
Listing Agency: RE/MAX Horizon
Listed By: Ben Henrikson · License #475091643
Source: Exprealty
Added: Feb 19, 2025 Changed: Aug 31 Last Checked: Sep 6 at 3:57PM

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 RE/MAX Horizon

Investment Insights

Based on property information with market context.

Four office units are available in this office building, with space ranging from 600 to 1,400 square feet. Two units are located on the main floor and two are on the second floor. The second-floor layout includes a corner office configuration with one large open room, two private offices, and a storage room with a sink, along with additional second-floor suites featuring receptions and private offices.

The units are served by common restrooms in the hallway and benefit from large windows that bring in natural light. Tenant pays their own gas and electric, and there are no other fees noted in the listing. The property includes a large parking lot, with signage available, and is positioned for business visibility on a busy main north-south corridor.

At least one main-floor unit faces McLean. Multiple suite options and tenant-paid utilities offer flexibility for office users seeking straightforward layouts in a multi-unit setting.

Key Highlights

  • Four office units available: two on the main floor and two on the 2nd floor
  • Unit sizes range from 600 SF to 1400 SF, including a 1398 SF 2D corner office suite
  • 2D unit features corner office space, one large open room, two private offices, and a storage room with sink

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Skin Care Clinic Parking Lot & Garage Auto Parts Store Hotel & Motel Electrical 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

4
Office units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby

Demographics for 60123, IL

47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value

Market

Lease Benchmarks for Elgin, IL

$16.72 /SF/Yr
Avg Asking Price
$8–$37.77 /SF/Yr
Price Range
35,231 SF
Avg Space Size

This space is priced 28% below the average of $16.72 /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
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Frequently Asked Questions

What type of property is this?
Office units - Four office units are available across the main and second floors, with large windows and shared hallway restrooms.
Where is this office units located?
The property is located at D-217 N Mclean Blvd Elgin, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Four office units available: two on the main floor and two on the 2nd floor; Unit sizes range from 600 SF to 1400 SF, including a 1398 SF 2D corner office suite; 2D unit features corner office space, one large open room, two private offices, and a storage room with sink
More about this property
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