Medical Premises

Elgin, IL Medical Office Space for Sale

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Wauconda, IL Algonquin, IL Bartlett, IL Streamwood, IL South Elgin, IL Carpentersville, IL Barrington Hills, IL St Charles, IL
8 properties
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Ground-Floor Office Condo Suite
Updated: Apr 6
Ground-Floor Office Condo Suite

2000 Larkin Avenue, Elgin, IL 60123

$150,000
Ground‑floor office suite at Beacon Hill Condominium Association with 11 rooms and flexible layout options
Currently set up as two condos: one dental office and one general office space, can stay together or be separated
Central air cooling; carpet flooring
Association covers water, sewer, and all exterior maintenance
Roof is composition; built in 1983
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Elgin Commercial Office Suite
Updated: Apr 28
Elgin Commercial Office Suite

2000 Larkin Avenue, Elgin, IL 60123

$50,000
Ground floor location offers easy access.
Well‑maintained office space in very nice condition.
Abundant natural light.
Five rooms plus a storage room provide ample space.
Association covers water, sewer, and exterior maintenance.
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Medical/Business Space on Rand Road
Medical/Business Space on Rand Road

280 N Rand Road, Lake Zurich, IL 60047

$925,000

Well-maintained medical/business space in Lake Zurich, move-in ready.

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Barrington Medical/Office/Retail Building For Sale
Barrington Medical/Office/Retail Building For Sale

836 S Northwest Highway #01012110310000, Barrington, IL 60010

$615,000
3,500 sqft

3,500 SF building with basement and 14 parking spaces.

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Barrington Medical/Office/Retail Building For Sale
Barrington Medical/Office/Retail Building For Sale

836 S Northwest Highway, Barrington, IL 60010

$615,000
3,500 sqft

3,500 SF building in Barrington with parking.

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Medical-Ready Office Condo Suite
Medical-Ready Office Condo Suite

3 Executive Court #4, South Barrington, IL 60010

$525,000

Well-appointed office condo with two private offices and flexible open work areas, plus parking in a Class A complex.

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Dental Office Condo For Sale
Dental Office Condo For Sale

1585 Barrington Road, Suite 301, Hoffman Estates, IL 60169

$395,000

Fully built-out dental office condo in Hoffman Estates, Illinois.

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Medical/Business Space on Rand Road
Medical/Business Space on Rand Road

280 N Rand Road, Lake Zurich, IL 60047

$925,000
5,000 sqft

Well-maintained medical/office property near Good Shepherd Hospital.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 8 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turn-Key Medical Office Suite
Turn-Key Medical Office Suite

912 Northwest Highway, Fox River Grove, IL 60021

$224,900
2.65 AC lot

Second-floor suite with reception, multiple exam rooms, treatment area, and physician office ready for immediate occupancy.

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Shovel-Ready Land Site Near Hospitals
Shovel-Ready Land Site Near Hospitals

1301A N Plum Grove Road, Schaumburg, IL 60173

$350,000
33,841 sqft

33,841 SF shovel-ready land site near Horizon Medical Center.

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Former Dental Studio For Sale
Former Dental Studio For Sale

181-185 N Barrington Rd, Schaumburg, IL 60194

Contact for pricing
7,000 sqft

Former dental studio with 6 plumbed spaces in Schaumburg, IL.

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Medical Office Suite For Sale
Medical Office Suite For Sale

912 W Northwest Hwy Suite-204, Fox River Grove, IL 60021

$372,000
1,425 sqft

New medical office suite in growing residential and commercial area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Development Site For Sale
Corner Development Site For Sale

IL - 62 Algonquin Rd., Barrington Hills, IL 60010

Contact for pricing

Prime corner development site with high traffic counts.

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Prime Corner Lot in Carpentersville
Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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Prime Land in Randall Road
Prime Land in Randall Road

6850 Huntley Road, Carpentersville, IL 60110

$550,000
2.38 AC lot

2.38 acres in Carpentersville's Randall Road Commercial District.

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Westmont Commercial Land For Sale
Westmont Commercial Land For Sale

3920 N CASS Avenue, Westmont, IL 60559

$399,500
0.17 AC lot

Vacant lot suitable for commercial or residential development.

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Off-Market Properties in Elgin, IL

Consider similar Off-Market properties in Elgin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

551-589 Wing St
Medical Office Space

551-589 Wing St, Elgin, IL 60123

Value Estimation by Request
61,724 sqft
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1590 Weatherstone Ln
Medical Office Space

1590 Weatherstone Ln, Elgin, IL 60123

Value Estimation by Request
1,000 sqft
View details

Elgin, IL Medical Office Space Market Trends and Statistics

Explore 10 medical office space for sale in Elgin, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 12,000 square feet of properties for sale, with an estimated market value of $2,155,000.

Sale prices for medical spaces in Elgin, IL start at $615,000, averaging $718,333, and reaching up to $925,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 38
Medical Office Space 16
Office buildings 13
Coworking space 1
Creative space 1

Demographics Overview

Population 124K
Population Growth (5Y) +2.9%
Median Household Income $93,679
College Educated 31.3%

High-Yield Neighborhoods for Investment

Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60123 $183.3K

Taxes & Financing

Tax Rate (average for all types) 9.70%
Property Tax per SF $55.97 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Elgin fall within the 100,000+ square foot range.

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