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Renovated Office Unit

2425 Royal Boulevard, Elgin, IL 60123

For Lease
Contact for pricing

Commercial Lease, Elgin, IL

Space Size1,178 SF
Days on Market48

Property Features for 2425 Royal Boulevard

General Information

Property type Commercial Lease
Property subtype Office
Directions Randall Road to Royal Blvd., E. to property (on corner of Royal and Valley Creek Dr.)
Subdivision Elgin
Standard status Active

Utilities

Cooling system Central Air

Building Details

Year built 1980
Floors in Building 2
Building materials Concrete
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Ben Henrikson · License #475091643
Added: Sep 23 Changed: Oct 10 Last Checked: Nov 9 at 7:06AM
MLS# 12767837

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.

This 1,178-square-foot office unit is located in a professional building renovated for contemporary workplace use. The layout includes a large reception area and two private offices, with central air conditioning serving the space. The building was constructed in 1980 and features concrete construction.

The property is positioned just east of Randall Road and minutes from I-90, providing convenient access to nearby commercial corridors and regional transportation. A large parking lot serves the building and supports daily employee and visitor use.

Key Highlights

  • 1,178 SF office unit in a professional building
  • Large reception area with two private offices
  • Recently renovated professional building

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Joyce & Associates Accounting Firm Meeraben Majmudar Physician Spong Keith A Law Firm Crimmins Patrick J Law Firm Heimberg Richard L Law Firm

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Dental Office Hair Salon 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

538
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
View Realmo Analytics

Market

Lease Benchmarks for Elgin, IL

$17.99 /SF/Yr
Avg Asking Price
$8–$42 /SF/Yr
Price Range
24,061 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Elgin, IL

$15.3 Jul
$13.77 Aug
$14.93 Sep
$15.04 Oct

Properties on Market for Office Units in Elgin

Jul
Aug
Sep
Oct

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 - Office suite with a generous reception area, two private offices, central air, and access to a large parking lot.
Where is this office unit located?
The property is located at 2425 Royal Boulevard Elgin, IL.
What are key features of this property?
This property features: 1,178 SF office unit in a professional building; Large reception area with two private offices; Recently renovated professional building
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