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Standalone Brick Office Building

530 N Mclean Boulevard, Elgin, IL 60123

For Sale
$389,000
Under Contract

Commercial Sale, Elgin, IL

Property SizeContact for details
Lot Size0.26 Acres
Days on Market95

Property Features for 530 N Mclean Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions McLean N. of Lawrence, S. of Wing, across from Wing Park Manor shopping center
Subdivision Elgin
Standard status Active Under Contract
APN 0610378012
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8062

Utilities

Utilities Water Available
Cooling system Central Air

Building Details

Year built 1982
Floors in Building 1
Number of units 1
Building materials Brick
Listing Agency: Redfin Corporation
Listed By: Jacqueline Casino · License #475126970
Added: Aug 7 Changed: Oct 15 Last Checked: Nov 9 at 7:06AM
MLS# 12727527

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 single-story office building offers a freestanding commercial configuration on a 0.26-acre corner parcel. The interior layout includes a waiting area, reception space, 4-6 private offices, storage, a kitchen/breakroom, and two half baths. Brick construction, central air, drywalled perimeter walls, and updated electrical and plumbing support a range of professional office applications. The property is offered in its current condition.

A blacktop parking area accommodates 13-18 vehicles. The roof was replaced in 2022, and the building was constructed in 1982. Water is available, and the property carries COMMR zoning. Located at 530 N Mclean Boulevard in Elgin, Illinois, the site is positioned on a corner lot with building signage potential identified in the property information.

Key Highlights

  • Freestanding brick office building on a 0.26‑acre corner parcel
  • Interior includes 4‑6 private offices, reception, waiting, storage, kitchen/breakroom, and two half baths
  • Blacktop parking area for 13‑18 vehicles

Property Analytics

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

Current Use

Office buildings

Suggested Use

Top Pick Skin Care Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Acupuncture Home Appliance Store Veterinary Clinic

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

342
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
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Market

Properties on Market for Office buildings in Kane County

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 building - Single-story office property with flexible interior layout, central air, updated systems, and on-site parking.
Where is this office building located?
The property is located at 530 N Mclean Boulevard Elgin, IL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Freestanding brick office building on a 0.26‑acre corner parcel; Interior includes 4‑6 private offices, reception, waiting, storage, kitchen/breakroom, and two half baths; Blacktop parking area for 13‑18 vehicles
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