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Flex Space Business Center
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Pending

200-208 Berg St, Algonquin, IL 60102

Four buildings provide adaptable suites for industrial, manufacturing, office, and other commercial occupants.

Property Size134,167 SF
Lot Size6.39 Acres
Days on Market144

Property Features for 200-208 Berg St

General Information

Standard status Pending
Size 134,167 SF
Lot size 6.39 Acres
Property subtype Industrial, Mixed Use

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Office Units 22

Building Details

Year Built 1978
Buildings 4
Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Kenneth Szady CCIM, SIOR · License #IL 471.016178
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 11:36PM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

The property comprises four buildings with 22 suites totaling 134,167 square feet on 6.39 acres. Constructed in 1978, the buildings have received ongoing capital improvements, and suites are configured to accommodate individual occupant requirements. More than 170 usable parking spaces serve the center, while utilities are separately metered and billed to each tenant.

The business park is surrounded by wooded terrain and offers access to a major freeway interchange that is under construction. Retail, hotels, and restaurants are located nearby. Existing occupancy includes manufacturing companies, workout facilities, a cryptocurrency miner, and Scorched Earth Brewery. The 22 tenants have an average stay of approximately 6.5 years, with multiple occupants in place since the mid-1990s.

Key Highlights

  • 22 suites totaling 134,167 square feet
  • Four buildings constructed in 1978
  • Property spans 6.39 acres

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Catering Service

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

22
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60102, IL

31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
Median Home Value

Market

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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Similar Off Market Nearby

  • Clean Eatz 776B S Randall Rd, Algonquin, IL 60102
  • GrabNGoLunch 1303 W Algonquin Rd, Lake in the Hills, IL 60156

Frequently Asked Questions

What type of property is this?
Flex space - Four buildings provide adaptable suites for industrial, manufacturing, office, and other commercial occupants.
Where is this flex space located?
The property is located at 200-208 Berg St Algonquin, IL.
What are key features of this property?
This property features: 22 suites totaling 134,167 square feet; Four buildings constructed in 1978; Property spans 6.39 acres
More about this property
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