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Office Units with Event Space
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164 Division St, Elgin, IL 60120

Upper-floor commercial space combines flexible rooms, restrooms, and a hardwood-floored gathering area.

Space Size1,067 SF - 2,596 SF
Property Size5,340 SF
Days on Market15

Property Features for 164 Division St

General Information

Standard status Active
Size 1,067 SF - 2,596 SF
Net Rentable 1,067 SF

Space & Availability

Available Space 1,067-2,596 SF
Contiguous Space 5,340 SF
Divisible Yes
Floor 8

Amenities

hardwood flooring
fireplace

Building Details

Year Built 1929
Listing Agency: Preferred Homes Realty
Listed By: Jeff Kellenberger · License #471000230
Source: Realtopiare
Added: Aug 16 Changed: Aug 29 Last Checked: Aug 25 at 5:21AM

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 Preferred Homes Realty

Investment Insights

Based on property information with market context.

Located on the eighth floor of the Elgin Professional Building, this 5,340-square-foot office offering includes a large event area, four separate rooms, and restrooms. Hardwood flooring and a fireplace distinguish the gathering space, adding a meeting-oriented component to the office layout.

The full floor is available as one offering or can be divided into three office suites measuring 1,375, 1,067, and 2,596 square feet. Built in 1929, the property is situated at 164 Division Street in Elgin, Illinois, and provides flexibility for users seeking either a larger contiguous footprint or multiple smaller suites.

Key Highlights

  • 5,340‑square‑foot office offering on the 8th floor
  • Large event area with hardwood flooring and fireplace
  • Four separate rooms plus restrooms

Property Analytics

Current Use

Grindstone Productions Inc Film Production Designers Revolution Marketing & Advertising T. G. Consultants ... IT Consulting Firm All County Investigations ... Law Firm Elgin Art Showcase Theater & Performing Art Venue

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Auto Parts Store Storage Facility Electrical Service Building Supply

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

1,586
Businesses Nearby

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
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

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?
Office units - Upper-floor commercial space combines flexible rooms, restrooms, and a hardwood-floored gathering area.
Where is this office units located?
The property is located at 164 Division St Elgin, IL.
What are key features of this property?
This property features: 5,340‑square‑foot office offering on the 8th floor; Large event area with hardwood flooring and fireplace; Four separate rooms plus restrooms
More about this property
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