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Nine-Office Downtown Office Suite
New
For Lease
$4,500/Mo

80 S Grove Avenue 2a, Elgin, IL 60120

Second-floor workspace with private offices, meeting space, kitchenette, and two bathrooms near city parking.

Space Size4,000 SF
Days on Market5

Property Features for 80 S Grove Avenue 2a

General Information

Standard status Active
Size 4,000 SF
Net Rentable 4,000 SF

Space & Availability

Available Space 4,000 SF
Contiguous Space 4,000 SF
Floor 2
Space Use Office
Private Offices 9
Meeting Rooms 1

Lease Terms

Lease Rate $4,500 /USD/MO
Monthly Rent $4,500
Rent per SF/Year $13.50

Amenities

kitchenette
2 baths

Building Details

Year Built 1900
Listing Agency: RE/MAX Horizon
Listed By: Ben Henrikson · License #475091643
Source: Realtopiare
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 28 at 9:10PM

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 RE/MAX Horizon

Investment Insights

Based on property information with market context.

This second-floor office suite contains 4,000 SF arranged with nine individual offices, a conference room, kitchenette, and two bathrooms. The front-facing layout addresses S Grove Avenue and is positioned within a 1900-built commercial property.

The suite is in downtown Elgin and sits adjacent to street-level city parking, providing nearby parking access for occupants and visitors.

Key Highlights

  • 4,000 SF second‑floor office suite
  • Nine individual offices plus a conference room
  • Kitchenette and 2 bathrooms

Property Analytics

Current Use

Cuming Holdings LLC Property Management Company

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Carpet & Flooring Store Discount Store Home Appliance Store

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

NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,458
Businesses Nearby

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

$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 22% 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor workspace with private offices, meeting space, kitchenette, and two bathrooms near city parking.
Where is this office units located?
The property is located at 80 S Grove Avenue 2a Elgin, IL.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 4,000 SF second‑floor office suite; Nine individual offices plus a conference room; Kitchenette and 2 bathrooms
More about this property
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