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First-Floor Office Unit
For Lease
$12 SF/Yr

1972 Larkin Avenue, Elgin, IL 60123

Single-room workspace with shared hallway restrooms and a large on-site parking area.

Space SizeContact for details
Days on Market94

Property Features for 1972 Larkin Avenue

General Information

Standard status Active
Zoning OFFIC

Space & Availability

Floor 1
Space Use Office
Private Offices 1

Amenities

common hallway with baths

Building Details

Year Built 1976
Stories 1
Units 8
Listing Agency: RE/MAX Horizon
Listed By: Ben Henrikson · License #475091643
Source: Cavanaghrealty
Added: May 13 Changed: Aug 13 Last Checked: Aug 13 at 10:09AM

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 RE/MAX Horizon

Investment Insights

Based on property information with market context.

This 600-square-foot office unit occupies the first floor of a building constructed in 1976. The layout provides one private room, with access to shared restroom facilities through a common interior hallway. The property is zoned OFFIC and offers a straightforward setting for office use.

Positioned just east of Randall Road, the building is visible from Larkin Avenue and includes a large parking lot for occupants and visitors. The address is 1972 Larkin Avenue in Elgin, Illinois.

Key Highlights

  • 600 SF first‑floor office unit
  • Single‑room layout with access to shared hallway restrooms
  • Large on‑site parking lot

Property Analytics

Current Use

David A. Rice, DDS Dental Office The Law Office of Victoria ... Law Firm EAI Learning (Bike/Boat/Book/etc) Store Elgin Ohare Limousine ... Freight Service Edward Jones - Financial ... Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,104
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

$17.65 /SF/Yr
Avg Asking Price
$7.78–$30.72 /SF/Yr
Price Range
28,485 SF
Avg Space Size

This space is priced 32% below the average of $17.65 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Single-room workspace with shared hallway restrooms and a large on-site parking area.
Where is this office units located?
The property is located at 1972 Larkin Avenue Elgin, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 600 SF first‑floor office unit; Single‑room layout with access to shared hallway restrooms; Large on‑site parking lot
More about this property
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