Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2205 Point Blvd Elgin, IL 60123

    Sponsored
    For Lease
    $14 SF/Yr

    Class A Office Space, Multiple Suites Available

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, located at 2205 Point Blvd in Elgin, IL, offers 60,000 square feet of versatile space, ideal for executive, medical, creative, or traditional office uses. The property boasts a prime location at the I-90 and Randall Rd interchange, providing unparalleled access and visibility. With 5 suites available, ranging from 1,200 to 8,000 contiguous square feet, this building caters to businesses of all sizes. Currently, 13,576 square feet are vacant and immediately available. Amenities include 306 parking spaces, high-speed internet access, EV charging stations, and a dedicated digital billboard on US 90, boasting visibility to over 100,000 vehicles daily. The two-story building, constructed in 2001, features one elevator, heavy power, and Class A finishes. Its proximity to the Pace Bus Terminal, Advocate Sherman Hospital, and the Metra Big Timber Train Station, along with nearby restaurants and hotels, enhances its appeal. The property sits on 4.49 acres of land and is zoned ORI. Property taxes are $2.40 per square foot. This is a rare opportunity to secure a prestigious office space in a thriving, affordable Kane County location.

    Property Features for 2205 Point Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF
    Class
    A
    Total Rate
    70000

    Building Details

    Year Built
    2001
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 180
    Size
    2,848 SF
    Rate per SF
    $14
    Space
    Suite 125
    Size
    1,786 SF
    Rate per SF
    $14
    Space
    Suite 130
    Size
    5,894 SF
    Rate per SF
    $14
    Space
    Suite 225
    Size
    7,604 SF
    Rate per SF
    $14
    Space
    Suite 150
    Size
    5,894 SF
    Rate per SF
    $14
    Space
    Suite 240
    Size
    7,604 SF
    Rate per SF
    $14
    Space
    Suite 205
    Size
    1,856 SF
    Rate per SF
    $14

    HighLights

    • Highly sought‑after Class A office space available at below‑market rates.
    • Benefit from low Kane County property taxes.
    • Enjoy high‑speed internet access from multiple providers.
    • Excellent visibility and convenient access via the tollway at Route 90 and Randall Road.
    • Located adjacent to a Pace bus terminal for easy commuting.
    • Minutes from the Elgin Big Timber Metra station.
    Property Profile Location Intelligence

    Current Use by Public Records

    HealthWare Systems Software Company Law Offices of Lauren ... Real Estate Attorney AssuredPartners Insurance Agency lakewood commons Apartment Building Klein Law Group, ... Family Law Attorney

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Hair Salon Law Firm Auto Repair Shop Pharmacy Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.3312946
    Latitude
    42.0799246

    Nearby Similar for Lease

    • Contact for pricing

      Elgin Office Suite For Rent

      Professional office suite in high-traffic commercial district, ideal for various businesses.
      1 American Way, Elgin, IL 60120
      View Details
    • Contact for pricing

      Elgin Office Units For Rent

      Office units available, various sizes, good visibility, ample parking.
      217 N Mclean Blvd, Elgin, IL 60123
      View Details
    • Contact for pricing

      Downtown Elgin Office Suites For Rent

      Office suites in downtown Elgin landmark building with river views.
      77 S Riverside Dr, Elgin, IL 60120
      View Details
    • Contact for pricing

      Downtown Elgin Office Space Available

      Office spaces for lease in downtown Elgin, Illinois.
      80 S Grv Ave, Elgin, IL 60120
      View Details
    • Contact for pricing

      Elgin Bar and Event Space

      Former bar and event space in downtown Elgin for rent.
      76 S Grv Ave, Elgin, IL 60120
      View Details
    • Contact for pricing

      Professional Office Space in Elgin

      Well-maintained Elgin office building with spacious, bright 3240 SF unit.
      1750 Grandstand Pl, Elgin, IL 60123
      View Details
    • Contact for pricing

      Elgin Warehouse on Route 31

      Solid brick warehouse with high visibility on Route 31.
      565 N State St, Elgin, IL 60123
      View Details
    • Contact for pricing

      Elgin Industrial Rental Unit

      1500 SF warehouse with mezzanine and designated parking.
      765 Villa St, Elgin, IL 60120
      View Details
    • Contact for pricing

      Elgin Office/Flex Space Available

      First-floor office/flex space with natural light and new carpeting.
      217 N Mclean Blvd, Elgin, IL 60123
      View Details
    • Contact for pricing

      Downtown Elgin Street-Level Office Space

      Move-in ready office space in a vibrant downtown setting.
      50 S Grv Ave, Elgin, IL 60120
      View Details
    • Contact for pricing

      Elgin Office/Retail Space Available

      First floor office/retail space in a busy commercial area.
      85 Market St, Elgin, IL 60123
      View Details
    • Contact for pricing

      Elgin Office Space For Rent

      Office space in a busy commercial area on Elgin's west side.
      85 Market St, Elgin, IL 60123
      View Details

    FAQs

    What type of property is this?
    Office space - Class A Office Space, Multiple Suites Available
    Where is this office space located?
    The property is located at 2205 Point Blvd Elgin, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Highly sought-after Class A office space available at below-market rates.; Benefit from low Kane County property taxes.; Enjoy high-speed internet access from multiple providers.
    Request Owner's contact information
    2205 Point Blvd Elgin, IL 60123
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2205 Point Blvd
    Elgin, IL 60123
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2205 Point Blvd Elgin, IL 60123
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.