Loft-Style Office
New
For Lease
Contact for pricing
221 E Chicago Street, Elgin, IL 60120
Commercial Lease, Elgin, IL
Space SizeContact for details
Days on Market2
Property Features for 221 E Chicago Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
COMMR
Directions
Route 31 to Chicago St., East to 221
Subdivision
Elgin
Standard status
Active
APN
0613302010
Taxes and HOA fees
Tax Annual Amount
21651
Utilities
Cooling system
Central Air
Amenities
common area conference room
kitchenette
bath
Building Details
Year built
1900
Floors in Building
1
Number of units
5
Building materials
Brick
Listing Agency:
RE/MAX Horizon · RE/MAX International
(847) 931-7500
Listed By:
Ben Henrikson
(630) 215-6600
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 22 at 5:06PM
MLS# 12792018
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.
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Investment Insights
Based on property information with market context.
This first-floor office unit combines an open-plan room with high ceilings and a loft area. The space has exposed brick, hardwood flooring, central air, a private entrance, and an interior bathroom. Tenants also have access to shared conference space, a kitchenette, and a common bathroom. The building dates to 1900 and is constructed of brick.
Located in downtown Elgin, the property sits across the street from a city parking deck. The zoning designation is COMMR.
Located in downtown Elgin, the property sits across the street from a city parking deck. The zoning designation is COMMR.
Key Highlights
- Open office room with high ceilings and a loft area
- Private entrance and in‑unit bathroom
- Shared conference room, kitchenette, and bathroom
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,594
Businesses Nearby
Explore this area
Business Placement
Demographics for 60120, IL
50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value
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Market
Lease Benchmarks for Elgin, IL
$18.55 /SF/Yr
Avg Asking Price
$8–$42 /SF/Yr
Price Range
24,680 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A private entrance and in-suite bathroom complement shared conference and kitchenette amenities.
Where is this office unit located?
The property is located at 221 E Chicago Street Elgin, IL.
What are key features of this property?
This property features: Open office room with high ceilings and a loft area; Private entrance and in‑unit bathroom; Shared conference room, kitchenette, and bathroom
