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    2250 Point Blvd Elgin, IL 60123

    Sponsored
    For Lease
    $19 SF/Yr

    Class A Office Space, 55,201 SF Available

    Lot size:
    81,421 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, located at 2250 Point Blvd in Elgin, Illinois, offers a prime opportunity for businesses seeking flexible and modern workspace. The four-story building, constructed in 1999, boasts a total of 81,421 square feet, with a significant 55,201 square feet currently vacant. Situated at the strategic intersection of Interstate 90 and Randall Road in Kane County, this location provides unparalleled accessibility and visibility. The property offers various suite sizes to accommodate diverse business needs, ranging from a minimum of 791 square feet to a maximum contiguous space of 22,383 square feet. Larger tenants may lease up to 45,000 square feet. On-site amenities include a convenient conference facility, and building signage opportunities are also available. The asking rent is $19.00 per square foot, modified gross. This property presents a rare chance to secure high-quality office space in a thriving location with excellent access to major transportation routes. The zip code is 60123.

    Property Features for 2250 Point Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    81,421 SF
    Class
    A
    Total Rate
    128916.58

    Building Details

    Year Built
    1999
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 115
    Size
    2,042 SF
    Rate per SF
    $19
    Space
    Suite 130
    Size
    1,387 SF
    Rate per SF
    $19
    Space
    Suite 140
    Size
    1,338 SF
    Rate per SF
    $19
    Space
    Suite 150
    Size
    2,279 SF
    Rate per SF
    $19
    Space
    Suite 200
    Size
    2,017 SF
    Rate per SF
    $19
    Space
    Suite 210
    Size
    1,634 SF
    Rate per SF
    $19
    Space
    Suite 220
    Size
    1,749 SF
    Rate per SF
    $19
    Space
    Suite 230
    Size
    3,570 SF
    Rate per SF
    $19
    Space
    Suite 240
    Size
    890 SF
    Rate per SF
    $19
    Space
    Suite 245
    Size
    1,649 SF
    Rate per SF
    $19
    Space
    Suite 248
    Size
    3,030 SF
    Rate per SF
    $19
    Space
    Suite 250
    Size
    6,095 SF
    Rate per SF
    $19
    Space
    Suite 317
    Size
    1,300 SF
    Rate per SF
    $19
    Space
    Suite 321
    Size
    1,625 SF
    Rate per SF
    $19
    Space
    Suite 322
    Size
    4,658 SF
    Rate per SF
    $19
    Space
    Suite 410
    Size
    6,821 SF
    Rate per SF
    $19
    Space
    Suite 420
    Size
    3,324 SF
    Rate per SF
    $19
    Space
    Suite 460
    Size
    2,265 SF
    Rate per SF
    $19

    HighLights

    • Full‑floor space available for lease.
    • Building signage opportunities available.
    • On‑site conference room for tenant use.
    • Excellent access to I‑90 and Randall Road interchange.
    • Property under new management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Summer L Cain ... Insurance Agency Tri-County Claims Service, ... Small Claims Assistance Service Prevost Parts Travel Agency First American Title ... Title Company Big Timber Wealth ... Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.3319019
    Latitude
    42.0825605

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space, 55,201 SF Available
    Where is this office property / space located?
    The property is located at 2250 Point Blvd Elgin, IL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Full-floor space available for lease.; Building signage opportunities available.; On-site conference room for tenant use.
    Request Owner's contact information
    2250 Point Blvd Elgin, IL 60123
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    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
    2250 Point Blvd Elgin, IL 60123
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