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Professional Office Spaces Available
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115 South Grove Avenue, Elgin, IL 60120

Professional office spaces available for lease in Elgin, Illinois.

Space Size1,300 SF - 3,600 SF
Property Size39,350 SF
Days on Market701

Property Features for 115 South Grove Avenue

General Information

Standard status Active
Size 1,300 SF - 3,600 SF
Class A
Total Parking Spaces 100
Property subtype Office
Lease Type Full Service

Building Details

Building Size 39,350 SF
Tenancy Multiple

Spaces For Lease

at 115 South Grove Avenue Contact us

Suite 204

Size
2,664 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 203

Size
1,300 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 206

Size
1,310 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 210

Size
3,600 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 216

Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 209

Size
2,300 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: RE/MAX Suburban
Listed By: Jason Bitton · License #IL475170841
Source: Crexi
Added: Sep 20, 2024 Changed: Aug 20 Last Checked: Aug 20 at 3:49PM

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 RE/MAX Suburban

Investment Insights

Based on property information with market context.

Professional office spaces are available for rent on the second floor. The available units range in size, with options of 1,500 square feet, 3,000 square feet, 3,500 square feet, and 19,000 square feet. These units are suitable for a variety of professional uses, including dental offices, chiropractic practices, law offices, medical practices, and sales offices. The owner is willing to remodel the spaces to meet the specific needs of tenants.

Key Highlights

  • Flexible space options: 1,500 SF, 3,000 SF, 3,500 SF and 19,000 SF units available.
  • Customizable remodeling: Owner is able to remodel to tenant needs.
  • Suitable for various professionals: Ideal for dentist, chiropractor, attorney, lawyer, doctor, sales office, and more.

Property Analytics

Current Use

Procare Dental Groups ... Dental Office The Best of Illinois Corporate Office Marketplace Media Group ... Marketing & Advertising Elgin Milk Condensing ... Tour Operator CRISRAF NETWORK Marketing & Advertising

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Parts Store Carpet & Flooring Store Discount 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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,458
Businesses Nearby

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value

Market

Lease Benchmarks for Elgin, IL

$17.23 /SF/Yr
Avg Asking Price
$10.5–$30.72 /SF/Yr
Price Range
31,334 SF
Avg Space Size

This space is priced 30% below the average of $17.23 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office spaces available for lease in Elgin, Illinois.
Where is this office units located?
The property is located at 115 South Grove Avenue Elgin, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Flexible space options: **1,500 SF, 3,000 SF, 3,500 SF and 19,000 SF units available.**; Customizable remodeling: Owner is able to remodel to tenant needs.; Suitable for various professionals: Ideal for dentist, chiropractor, attorney, lawyer, doctor, sales office, and more.
(847) 367-8686 Call to check price and availability
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