Leased Office Condominium
81-87 S McLean Blvd South Elgin, IL 60177
81-87 S McLean Blvd, South Elgin, IL, 60177
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For Sale
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Pending
Four leased office condominium units total 3,560 Sf, with three current tenants and one unit temporarily vacant.
Property Size3,560 SF
Days on Market102
Property Features for 81-87 S McLean Blvd
General Information
- Standard status
- Pending
- Size
- 3,560 SF
- Property subtype
- Office
Listing agency
DK Realty Partners
Listed by
Paul Demik · License #IL 471006331
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 7:01PM Checked: Jul 21 at 3:00AM
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Investment Insights
Based on property information with market context.
This offering consists of four leased office condominium units within a professional office park. The units include A (1,440 Sf) leased to Edward Jones, C (740 Sf) leased to a psychologist office, F (640 Sf) leased to Allure Salon, and D (740 Sf) currently vacant with the owner paying rent until it is leased.
The property is located at 81-87 S McLean Blvd in South Elgin, Illinois, within an office park setting that includes the Gail Bordon Library. Call the broker for access to the rent roll, tax bills, and association billing.
Total leased area across the building is 3,560 Sf, with stated annual income of $76,212.96. Real estate taxes are listed at $10,456.00 and association dues at $10,439.00, resulting in a stated net income of $55,317.96.
The property is located at 81-87 S McLean Blvd in South Elgin, Illinois, within an office park setting that includes the Gail Bordon Library. Call the broker for access to the rent roll, tax bills, and association billing.
Total leased area across the building is 3,560 Sf, with stated annual income of $76,212.96. Real estate taxes are listed at $10,456.00 and association dues at $10,439.00, resulting in a stated net income of $55,317.96.
Key Highlights
- Four leased office condo units totaling 3,560 SF in a professional office park
- Unit A‑1: 1,440 SF leased to Edward Jones
- Unit C: 740 SF leased to a psychologist office
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Four leased office condominium units total 3,560 Sf, with three current tenants and one unit temporarily vacant.
Where is this office units located?
The property is located at 81-87 S McLean Blvd South Elgin, IL.
What are key features of this property?
This property features: Four leased office condo units totaling 3,560 SF in a professional office park; Unit A‑1: 1,440 SF leased to Edward Jones; Unit C: 740 SF leased to a psychologist office
