Technical
Financial
Distress signals
Property profile

460 Briargate Dr Ste 150 South Elgin, IL 60177

OFF-MARKET
Other commercial real estate
Property ID
US28-0127957
1,775 SF 0.18 ac lot Built 2004
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Suite 150 is a medical office condominium within a commercial building at 460 Briargate Dr, configured for patient flow and day-to-day clinical or professional use. The suite includes a reception area with a built-in reception desk and a waiting area, four exam rooms each equipped with its own sink, a private office, a kitchenette/breakroom, and a built-in work station. There are two bathrooms for staff and visitors. Interior improvements and finishes are in place to support immediate occupancy, and the exam rooms are structured to allow the sinks to be removed for non-medical uses while retaining the core room layout, supporting either a dedicated medical practice configuration or use as a professional office suite.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2004
Total area 1,775 SF
Lot 0.18 ac (7,664 SF)
APN 09-05-254-011
UPID US28-0127957

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

460 Briargate Dr Ste, Unit 150 South Elgin, IL 60177-2224
South Elgin metro Census 852101 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2024
1 recorded transaction
2024
$405,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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