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Hospital-Connected Medical Office
For Lease
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87 N Airlite St, Elgin, IL 60123

Medical office space for lease with direct hospital connection for physician and patient convenience.

Property Size1,788 SF
Days on Market1270

Property Features for 87 N Airlite St

General Information

Standard status Active
Size 1,788 SF
Property subtype OFFICE
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Brian Edgerton
Source: Moodyscre
Added: Feb 6, 2023 Changed: Jul 27 Last Checked: Jul 29 at 1:19PM

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 NAI Hiffman | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This leased medical office space offers a physician-practical setting with a synergistic mix of co-tenant medical specialties. The property is professionally owned and managed by Bauman & Company, LLC, and is presented as medical office space for lease.

The suite is directly connected to the hospital, designed to support convenient access for physicians and patients. The property is located at 87 N Airlite St in Elgin, IL 60123.

As offered, this is an office configuration within a managed medical environment connected to hospital operations, suitable for medical practices seeking a close working relationship with an on-site hospital setting.

Key Highlights

  • Medical office space for lease
  • Direct connection to the hospital for physician and patient convenience
  • Professionally owned and managed by Bauman & Company, LLC

Property Analytics

Current Use

Ascension Saint Joseph ... Medical Clinic Rosario I. Sanchez ... Physician Kyle Ann Garcia ... Physician Syed Hasan, MD Physician Advocate Medical Group ... Pediatrician

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Bakery Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience 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

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby
Under-served
Demand for This Use

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

$19.5 /SF/Yr
Avg Asking Price
$17.75–$25 /SF/Yr
Price Range
47,556 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space for lease with direct hospital connection for physician and patient convenience.
Where is this medical office space located?
The property is located at 87 N Airlite St Elgin, IL.
What are key features of this property?
This property features: Medical office space for lease; Direct connection to the hospital for physician and patient convenience; Professionally owned and managed by Bauman & Company, LLC
(630) 693-0671 Call to check price and availability
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