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First-Floor Office Suite
For Lease
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1972 Larkin Avenue, Elgin, IL 60123

COMMERCIAL - Elgin, IL

Space SizeContact for details
Days on Market95

Property Features for 1972 Larkin Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning OFFIC
Directions Larkin Ave., just East of Airlite St. on North side
Subdivision Elgin
Standard status Active

Utilities

Cooling system Central Air

Amenities

common hallway with baths

Building Details

Year built 1976
Floors in Building 1
Number of units 8
Building materials Brick
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Ben Henrikson · License #475091643
Added: May 13 Changed: Aug 4 Last Checked: Aug 15 at 8:06AM
MLS# 12647240

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Available for lease is a first-floor one-room office suite within an office building. The suite is accessed through a common hallway and includes access to shared bathrooms.

The building is located just east of Randall Road, with visibility from Larkin Avenue. The property also includes a large parking lot for tenant and visitor access.

Key Highlights

  • One room office space on the first floor of an office building
  • Brick construction with central air
  • Common hallway with shared baths

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

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

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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Frequently Asked Questions

What type of property is this?
Office units - First-floor one-room office suite with common hallway access and shared restrooms in a multi-office building.
Where is this office units located?
The property is located at 1972 Larkin Avenue Elgin, IL.
What are key features of this property?
This property features: One room office space on the first floor of an office building; Brick construction with central air; Common hallway with shared baths
More about this property
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