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Two-Story Office Units
New
For Lease
$23 SF/Yr

1530 N Randall Rd Suites 120 & 200, Elgin, IL 60123

Elevator-served suites offer professional and medical layouts with shared restrooms, parking, and Randall Road monument signage.

Space Size2,235 SF - 2,367 SF
Property Size19,034 SF
Days on Market4

Property Features for 1530 N Randall Rd Suites 120 & 200

General Information

Standard status Active
Size 2,235 SF - 2,367 SF
Net Rentable 2,235 SF
Elevators Yes
Property subtype Office - General Office
Lease Type Gross

Space & Availability

Available Space 2,235-2,367 SF
Contiguous Space 2,367 SF

Lease Terms

Lease Rate $23 /USD/SF/YR
Monthly Rent $4,283-$4,536
Rent per SF/Year $23

Site & Location

Highway Access Yes
Road Access Yes

Amenities

common restrooms
monument signage

Building Details

Building Size 19,034 SF
Year Built 1999
Stories 2
Units 23

Spaces For Lease

at 1530 N Randall Rd Suites 120 & 200 Contact us

120

Size
2,235 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

200

Size
2,367 SF
Type
Medical Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Premier Commercial Realty
Listed By: Heather Schweitzer · License #471019756
Source: Commercialcafe
Added: Aug 25 Changed: Aug 27 Last Checked: Aug 28 at 7:11AM

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.

Two office suites are available within a 2-story building completed in 1999. The elevator-equipped property includes common restrooms, ample parking, and monument signage along Randall Road. Suite 120 provides 2,235 SF on the first floor, with 9 private offices, a conference room, and multiple windows for natural light. Suite 200 contains 2,367 SF on the second floor and is configured as a medical suite with a spacious waiting area, reception desk, 5 exam rooms, lab, 2 private offices, 1 bath, breakroom, storage closet, and file/server room. Existing furniture and medical equipment are negotiable.

The property is located at 1530 N Randall Rd at the corner of Randall Road and Capital Street in Elgin, one block south of I-90 and across from Sherman Hospital.

Key Highlights

  • Two suites available: 2,235 SF professional office and 2,367 SF medical suite
  • 2‑story office building completed in 1999 with elevator access
  • Suite 120 includes 9 private offices, conference room, and multiple windows

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

Location Intelligence

Trade Area within ½ mile

1,253
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

$17.26 /SF/Yr
Avg Asking Price
$10.5–$30.72 /SF/Yr
Price Range
34,976 SF
Avg Space Size

This space is priced 33% above the average of $17.26 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Elevator-served suites offer professional and medical layouts with shared restrooms, parking, and Randall Road monument signage.
Where is this office units located?
The property is located at 1530 N Randall Rd Suites 120 & 200 Elgin, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Two suites available: 2,235 SF professional office and 2,367 SF medical suite; 2‑story office building completed in 1999 with elevator access; Suite 120 includes 9 private offices, conference room, and multiple windows
More about this property
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