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Remodeled Office Suite
For Lease
$12 SF/Yr

64 N Alfred Avenue #A, Elgin, IL 60123

Fresh finishes and a corner position support a practical office setting.

Space Size900 SF
Days on Market191

Property Features for 64 N Alfred Avenue #A

General Information

Standard status Active
Size 900 SF
Net Rentable 900 SF

Space & Availability

Available Space 900 SF
Space Use Office
Condition Remodeled

Additional Details

Highway Access Yes

Building Details

Year Built 1956
Stories 1
Listing Agency: Inspire Realty Group LLC
Listed By: Christopher Davis · License #471020520
Source: Cavanaghrealty
Added: Feb 2 Changed: Aug 11 Last Checked: Aug 11 at 6:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Inspire Realty Group LLC

Investment Insights

Based on property information with market context.

This office unit has been remodeled with new flooring and fresh paint, creating an updated setting for professional use. The property dates to 1956 and occupies the northwest corner of Larkin Avenue and Alfred Avenue.

Larkin Avenue connects downtown Elgin with Randall Road and US Bypass #20 to the west, placing the office along a route linking established commercial areas. The unit is identified as Suite A at 64 N Alfred Avenue.

Key Highlights

  • Remodeled office unit with new flooring and fresh paint
  • Northwest corner of Larkin Avenue and Alfred Avenue
  • Located along Larkin Avenue between downtown Elgin and Randall Road

Property Analytics

Current Use

Your Home Solutions, ... Construction Company Law Offices of Cinthya ... Law Firm Caroline Hernandez, JD Law Firm Millennium Property Concepts Accounting Firm

Suggested Use

Top Pick Skin Care Clinic Electrical Service Locksmith Cafe & Coffee Shop Parking Lot & Garage Bakery

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

572
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

Market

Lease Benchmarks for Elgin, IL

$17.65 /SF/Yr
Avg Asking Price
$7.78–$30.72 /SF/Yr
Price Range
28,485 SF
Avg Space Size

This space is priced 32% below the average of $17.65 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Fresh finishes and a corner position support a practical office setting.
Where is this office units located?
The property is located at 64 N Alfred Avenue #A Elgin, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Remodeled office unit with new flooring and fresh paint; Northwest corner of Larkin Avenue and Alfred Avenue; Located along Larkin Avenue between downtown Elgin and Randall Road
More about this property
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