Medical Office Building with
87 North Airlite Street, Elgin, IL 60123
For Sale
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Four floors, two elevators and shared parking serve the property on a hospital campus in Elgin.
Property Size49,149 SF
Days on Market36
Property Features for 87 North Airlite Street
General Information
Standard status
Size
Elevators
Property subtype
Occupancy
Site & Location
Highway Access
Public Transit
Additional Details
Tenant in Place
Property Use
Amenities
rooftop helipad
Building Details
Buildings
Stories
Building Size
Listing Agency:
Suburban Real Estate Services
Listed By:
Bryan Barus, CCIM, CPM · License IL 478.008276
(630) 487-2111
Source:
Crexi
Added: Oct 6
Changed: Nov 10
Last Checked: Nov 10 at 2:27PM
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 Suburban Real Estate Services
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Investment Insights
Based on property information with market context.
This four-story medical office property contains 49,149 square feet and includes two elevators and a rooftop helipad. Occupancy is approximately 42%, with 28,307 square feet available for an owner-user, leasing or repositioning. Shared parking and existing medical uses are part of the hospital-campus setting.
The building sits on the St. Joseph Hospital campus in Elgin, Illinois. I-90 is less than four miles away, and the Elgin Metra station is under three miles from the property.
The building sits on the St. Joseph Hospital campus in Elgin, Illinois. I-90 is less than four miles away, and the Elgin Metra station is under three miles from the property.
Key Highlights
- 49,149 SF medical office building with approximately 42% occupancy
- 28,307 SF available for owner‑user occupancy, lease‑up or repositioning
- Four‑story building with two elevators and a rooftop helipad
Property Analytics
Who owns this building?
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Current Use
Lease Details
42%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Medical Office Space in Kane County
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Four floors, two elevators and shared parking serve the property on a hospital campus in Elgin.
Where is this medical office space located?
The property is located at 87 North Airlite Street Elgin, IL.
What are key features of this property?
This property features: 49,149 SF medical office building with approximately 42% occupancy; 28,307 SF available for owner‑user occupancy, lease‑up or repositioning; Four‑story building with two elevators and a rooftop helipad
