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Downtown Office Suite in Bank Building
For Lease
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119 W Main St W, Dundee, IL 60118

Lower-level office suite with modified gross terms and CAM and taxes included, plus utilities.

Property Size955 SF
Days on Market815

Property Features for 119 W Main St W

General Information

Standard status Active
Size 955 SF
Property subtype OFFICE
Lease Type SF/mo
Listing Agency: Premier Commercial Realty
Listed By: Sharon Glasshof · License #471012471
Source: Moodyscre
Added: May 7, 2024 Changed: Jul 25 Last Checked: Jul 29 at 4:12PM

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 a vintage bank building in downtown West Dundee, this for-lease office suite is identified as LL-2. The suite offers 955 square feet of office space in a lower-level configuration.

The space is available under a modified gross structure, with CAM and taxes included, and utilities handled separately. The suite is also noted as capable of being combined with LL-1, offering flexibility for users seeking a larger footprint.

Suite LL-2 is offered for rent with the stated terms and is ready for an office tenant looking for space within the building’s downtown setting.

Key Highlights

  • Lower‑level office suite LL‑2 with 955 SF in the vintage bank building in downtown W. Dundee
  • Monthly rent listed as $716.25/mo with CAM and taxes included (modified gross)
  • Modified gross rate noted as $9 psf, with utilities also paid by the tenant

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

1,023
Businesses Nearby

Demographics for 60118, IL

16,342
Population
6,428
Households
2.5
Avg Household Size
44
Median Age
44%
College-Educated
94%
High-School Grad
20.9 sq mi
ZIP Area
782
Density / Sq Mi
$104,572
Median Household Income
$57,622
Median Earnings
$1,532
Median Rent
$340,000
Median Home Value

Market

Lease Benchmarks for Dundee, IL

$14.76 /SF/Yr
Avg Asking Price
$7.1–$23.91 /SF/Yr
Price Range
14,380 SF
Avg Space Size

This space is priced 41% below the average of $14.76 /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 - Lower-level office suite with modified gross terms and CAM and taxes included, plus utilities.
Where is this office units located?
The property is located at 119 W Main St W Dundee, IL.
What is the lease rate?
The lease rate is $695 /Mo.
What are key features of this property?
This property features: Lower‑level office suite LL‑2 with 955 SF in the vintage bank building in downtown W. Dundee; Monthly rent listed as $716.25/mo with CAM and taxes included (modified gross); Modified gross rate noted as $9 psf, with utilities also paid by the tenant
(847) 533-6974 Call to check price and availability
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