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Remodeled Office Unit
For Lease
$12 SF/Yr

64 N Alfred Avenue A, Elgin, IL 60123

Office space with updated finishes at the Larkin Avenue and Alfred Avenue intersection.

Space Size900 SF
Days on Market9

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

Additional Details

Highway Access Yes

Building Details

Year Built 1956
Listing Agency: Inspire Realty Group LLC
Listed By: Christopher Davis · License #471020520
Source: Bktchicago
Added: Aug 22 Changed: Aug 28 Last Checked: Aug 29 at 12:17PM

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 at 64 N Alfred Avenue A provides 900+ square feet of recently updated workspace. Improvements include new flooring and fresh paint, creating a clean, functional setting for office use. The property was originally built in 1956.

Positioned at the northwest corner of Larkin Avenue and Alfred Avenue, the space benefits from direct placement along a connector route between downtown Elgin, Randall Road, and US Bypass #20. The location provides access toward the west and surrounding destinations along the corridor.

Key Highlights

  • 900+ square feet of office space
  • New flooring and fresh paint
  • Northwest corner of Larkin Avenue and Alfred Avenue

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

$17.26 /SF/Yr
Avg Asking Price
$10.5–$30.72 /SF/Yr
Price Range
34,976 SF
Avg Space Size

This space is priced 30% below the average of $17.26 /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 - Office space with updated finishes at the Larkin Avenue and Alfred Avenue intersection.
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: 900+ square feet of office space; New flooring and fresh paint; Northwest corner of Larkin Avenue and Alfred Avenue
More about this property
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