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Class A Office Space Available
For Lease
$14 SF/Yr

2205 Point Blvd, Elgin, IL 60123

Class A office space with tollway access and high visibility.

Space Size1,856 SF - 12,326 SF
Property Size60,000 SF
Days on Market202

Property Features for 2205 Point Blvd

General Information

Standard status Active
Size 1,856 SF - 12,326 SF
Class A
Property subtype Office
Lease Term NNN

Building Details

Building Size 60,000 SF
Year Built 2001

Spaces For Lease

at 2205 Point Blvd Contact us

Suite 130 $14/SF/Yr

Size
2,069 SF
Type
Office Building
Term
60 months
Contact us

Suite 150 $14/SF/Yr

Size
3,825 SF
Type
Executive Suites
Term
Negotiable
Contact us

Suite 200 (Sublease) $14/SF/Yr

Size
12,326 SF
Type
Executive Suites
Term
Negotiable
Contact us

Suite 205 $14/SF/Yr

Size
1,856 SF
Type
Executive Suites
Term
Negotiable
Contact us

Suite 220 $14/SF/Mo

Size
1,923 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 225 $14/SF/Yr

Size
5,091 SF
Type
Executive Suites
Term
Negotiable
Contact us

Suite 240 $14/SF/Yr

Size
2,513 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 250 (Renewal) $17.45/SF/Yr

Size
2,189 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: David Coupe · License #IL #471.016180
Source: Svn
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 17 at 4:36AM

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 David Coupe

Investment Insights

Based on property information with market context.

Located at the I-90 and Randall Rd interchange in Elgin, IL, 2205 Point Blvd is a Class A professional office building. It is adjacent to the Pace Bus Terminal, less than 1 mile from Advocate Sherman Hospital, and 2.3 miles from the Metra Big Timber Train Station. The property is surrounded by amenities such as Jimmy's Charhouse, Cafe Roma, and the Country Inn & Suites Hotel. The building features Class A finishes, professional management, ample parking, security, and access. A new digital billboard is located on US 90, which sees 100,000 vehicles per day. Multiple high-speed internet providers are available, and EV charging is offered on-site. The property offers immediate availability and has low Kane County taxes. Gig-speed internet is available from multiple providers. The property has tollway access and visibility at 90 and Randall Rd.

Key Highlights

  • Tollway Access & Visibility at 90 & Randall Rd.
  • NEW digital billboard on US 90 (100,000 VPD)
  • Class A Office Space

Property Analytics

Current Use

HealthWare Systems (Bike/Boat/Book/etc) Store Law Offices of Lauren ... Law Firm AssuredPartners Insurance Agency lakewood commons Apartment Building Klein Law Group, ... Law Firm

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pharmacy Cafe & Coffee Shop

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

722
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

$17.23 /SF/Yr
Avg Asking Price
$10.5–$30.72 /SF/Yr
Price Range
31,334 SF
Avg Space Size

This space is priced 19% below the average of $17.23 /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
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Frequently Asked Questions

What type of property is this?
Office units - Class A office space with tollway access and high visibility.
Where is this office units located?
The property is located at 2205 Point Blvd Elgin, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Tollway Access & Visibility at 90 & Randall Rd.; NEW digital billboard on US 90 (100,000 VPD); Class A Office Space
More about this property
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