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Hospital-Connected Medical Office Space
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87 N Airlite St, Elgin, IL 60123

Medical office space for lease with direct connection to a hospital for physician and patient convenience.

Property Size2,225 SF
Days on Market1270

Property Features for 87 N Airlite St

General Information

Standard status Active
Size 2,225 SF
Property subtype OFFICE

Additional Details

Space Use Medical Office
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Brian Edgerton
Source: Moodyscre
Added: Feb 6, 2023 Changed: Jul 29 Last Checked: Jul 29 at 2:29PM

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 NAI Hiffman | Oakbrook Terrace

Investment Insights

Based on property information with market context.

Medical office space for lease at 87 N Airlite St in Elgin, IL. The space is designed for medical practices and is professionally owned and managed by Bauman & Company, LLC.

A key convenience factor is that the office is directly connected to the hospital, supporting physician and patient flow. The property also features a co-tenant mix of medical specialties.

The medical space totals 2,225 SF, making it a good fit for a practice seeking a hospital-adjacent setup with on-site medical tenant synergy.

Key Highlights

  • 2,225 SF medical office space for lease
  • Directly connected to a hospital for physician and patient convenience
  • Co‑tenant mix of medical specialties

Property Analytics

Current Use

Ascension Saint Joseph ... Medical Clinic Rosario I. Sanchez ... Physician Kyle Ann Garcia ... Physician Syed Hasan, MD Physician Advocate Medical Group ... Pediatrician

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Bakery Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

571
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

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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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space for lease with direct connection to a hospital for physician and patient convenience.
Where is this medical office space located?
The property is located at 87 N Airlite St Elgin, IL.
What are key features of this property?
This property features: 2,225 SF medical office space for lease; Directly connected to a hospital for physician and patient convenience; Co‑tenant mix of medical specialties
(630) 693-0671 Call to check price and availability
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