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Ground-Floor Office Units
For Sale
$140,000

2000 Larkin Avenue, Elgin, IL 60123

Commercial Sale, Elgin, IL

Property SizeContact for details
Days on Market207

Property Features for 2000 Larkin Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions Larkin to Provena Way to Parking lot (or can access off Airlite)
Subdivision Elgin
Standard status Active
APN 0616402050

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4309

Utilities

Cooling system Central Air

Building Details

Year built 1983
Floors in Building 3
Number of units 2
Flooring type Carpet
Building materials Wood, Cedar
Roof type Composition
Listing Agency: Fox Valley Real Estate
Listed By: Marsha Wallace
Added: Apr 6 Changed: Oct 20 Last Checked: Oct 29 at 3:06PM
MLS# 12607697

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.

Rey
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Investment Insights

Based on property information with market context.

Located on the ground level, this office property comprises two condominium units with 11 rooms in total. The space can be used as one connected suite or configured as two separate offices, with several possible room arrangements. Current uses include a dental practice in one unit and general office space in the other. The building was constructed in 1983, and the property is zoned COMMR.

The condominium association covers water, sewer, and exterior maintenance. Interior features include carpet flooring and central air conditioning.

Key Highlights

  • Two condominium units with a combined total of 11 rooms
  • Ground‑floor office space can be combined or used as two separate units
  • Existing uses include a dental office and general office

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Managed Care Consultants Business Management Consultant Morgan Jones & Co Insurance Agency Frank A. Maggio, DDS Dental Office CBI International LLC IT Consulting Firm FluxCatalyst Consultant

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Real Estate Agency Restaurant Parking Lot & Garage Auto Parts Store

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

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,057
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office unit - The two condominium units may operate as a single office or remain separate.
Where is this office unit located?
The property is located at 2000 Larkin Avenue Elgin, IL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two condominium units with a combined total of 11 rooms; Ground‑floor office space can be combined or used as two separate units; Existing uses include a dental office and general office
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