Loft-Style Open Office
New
For Lease
Contact for pricing
25 S Grove Avenue, Elgin, IL 60120
COMMERCIAL - Elgin, IL
Days on Market3
Property Features for 25 S Grove Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
COMMR
Directions
Rt. 31 to East Chicago St. E to Grove Ave S to property.
Subdivision
Elgin
Standard status
Active
Utilities
Cooling system
Central Air
Amenities
high exposed ceilings and duct work
marble floors
river views
private parking lot
Building Details
Year built
1914
Floors in Building
5
Number of units
1
Flooring type
Marble
Building materials
Brick
Listing Agency:
Suburban Life Realty, Ltd
(847) 363-0990
Listed By:
Katie O'Brien · License #475177795
(847) 309-6939
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 30 at 6:06PM
MLS# 12716679
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Investment Insights
Based on property information with market context.
This third-floor office suite is offered for rent in a downtown Elgin building that has been completely updated for modern office requirements. The unit features a loft-style, open concept with high exposed ceilings and visible duct work, along with marble floors.
The building is located in historic downtown Elgin, with a large private parking lot directly across the street for tenant use. Zoning is COMMR. Utilities are supported via a flat $50 per month toward utilities.
The building is located in historic downtown Elgin, with a large private parking lot directly across the street for tenant use. Zoning is COMMR. Utilities are supported via a flat $50 per month toward utilities.
Key Highlights
- Brick construction office space with marble flooring
- Loft‑style 3rd floor office unit with open concept layout and high exposed ceilings
- Central air cooling and updated for modern office requirements
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,158
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
Market
Lease Benchmarks for Elgin, IL
$14.76 /SF/Yr
Avg Asking Price
$7.1–$23.91 /SF/Yr
Price Range
14,380 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Third-floor office suite with open layout, high exposed ceilings, and river views.
Where is this office units located?
The property is located at 25 S Grove Avenue Elgin, IL.
What are key features of this property?
This property features: Brick construction office space with marble flooring; Loft‑style 3rd floor office unit with open concept layout and high exposed ceilings; Central air cooling and updated for modern office requirements
