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2nd Floor Medical Office Suite
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1530 N Randall Rd, Elgin, IL 60123

Suite 200 offers a waiting area, reception desk, multiple exam rooms, and support spaces in an elevator-equipped office building.

Property Size2,367 SF
Days on Market752

Property Features for 1530 N Randall Rd

General Information

Standard status Active
Size 2,367 SF
Net Rentable 2,367 SF
Elevators Yes
Property subtype OFFICE
Lease Type SF/mo

Space & Availability

Available Space 2,367 SF
Contiguous Space 2,367 SF
Floor 2
Space Use Medical Office
Private Offices 2

Lease Terms

Lease Rate $23 /USD/SF/YR
Total Rate $4,536
Monthly Rent $4,536
Rent per SF/Year $23

Additional Details

Highway Access Yes

Amenities

common restrooms
monument signage

Building Details

Stories 2
Listing Agency: Premier Commercial Realty
Listed By: Heather Schweitzer · License #471019756
Source: Moodyscre
Added: Jul 10, 2024 Changed: Jul 29 Last Checked: Jul 30 at 8:18AM

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 2-story, elevator-equipped office building includes common restrooms and ample parking, with monument signage on Randall Road. Two office suites are available.

Suite 200 is a 2nd-floor medical suite featuring a large waiting area and reception desk, five exam rooms, a lab, two private offices, one bath, a breakroom, a storage closet, and a file/server room. Existing furniture and medical equipment are negotiable.

The property is located just south of I-90 at the corner of Randall Road and Capital St, directly across from Sherman Hospital.

Key Highlights

  • Suite 200: 2,367 SF 2nd‑floor medical suite in an elevator‑equipped, 2‑story office building
  • Suite layout includes large waiting area, reception desk, 5 exam rooms, lab, and 1 bath
  • Additional suite support space: 2 private offices, breakroom, storage closet, and file/server room

Property Analytics

Current Use

Associates in Pediatrics, SC Hospital Rehan Mohammad Hussain Ophthalmologist Dang Cheri a DDS Dental Office Elgin Clinic, Ltd Medical Clinic Connect Hearing Hearing Aid Store

Suggested Use

Top Pick Hair Salon Grocery & Convenience Store Pharmacy (Bike/Boat/Book/etc) Store Gym & Fitness Center Veterinary Clinic

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby
Under-served
Demand for This Use

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

$19.5 /SF/Yr
Avg Asking Price
$17.75–$25 /SF/Yr
Price Range
47,556 SF
Avg Space Size

This space is priced 18% above the average of $19.5 /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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Similar Off Market Nearby

  • Animal Eye Consultants: Jamieson Vivian E DVM — 2475 Westfield Dr, Elgin, IL 60124

Frequently Asked Questions

What type of property is this?
Medical Office Space - Suite 200 offers a waiting area, reception desk, multiple exam rooms, and support spaces in an elevator-equipped office building.
Where is this medical office space located?
The property is located at 1530 N Randall Rd Elgin, IL.
What is the lease rate?
The lease rate is $4,537 /Mo.
What are key features of this property?
This property features: Suite 200: 2,367 SF 2nd‑floor medical suite in an elevator‑equipped, 2‑story office building; Suite layout includes large waiting area, reception desk, 5 exam rooms, lab, and 1 bath; Additional suite support space: 2 private offices, breakroom, storage closet, and file/server room
(815) 236-9816 Call to check price and availability
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