Elgin, IL Office Buildings for Sale

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Wauconda, IL Algonquin, IL Bartlett, IL South Elgin, IL Streamwood, IL Carpentersville, IL Saint Charles, IL Barrington Hills, IL

32 properties

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Updated: Jul 11, 2024

Move-in Ready Boutique Office Building

438 N Hough Street, Barrington, IL 60010

$435,000

2,700 sqft 0.19 AC lot

Move‑in ready, boutique 2‑story office building with 2700+ sq. ft.
13 parking spaces
Close proximity to downtown Barrington shopping and Metra station
Flexible B‑4 zoning for office and retail uses
Features include a large reception area, 7+ offices, conference room, lounge with fireplace, kitchenette, and 2 bathrooms

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This listing looks promising.

Here's a quick look at some key insights for

438 N Hough Street, Barrington, IL 60010

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Est. Cap Rate

8.6%
Above avg (5.9%)
Est. NOI

$37K
Annual
Price @ 7% Cap

$532K
Above asking
Property Type

Commercial (General)
Built 1920

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Updated: Aug 7

Standalone Brick Office Building

530 N Mclean Boulevard, Elgin, IL 60123

$389,000

0.26 AC lot

Freestanding brick office building on a 0.26‑acre corner parcel
Interior includes 4‑6 private offices, reception, waiting, storage, kitchen/breakroom, and two half baths
Blacktop parking area for 13‑18 vehicles
Roof replacement completed in 2022
Updated electrical and plumbing with drywalled perimeter walls

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Two-Story Brick Office Building

20-24 Douglas Avenue, Elgin, IL 60120

$795,000

0.19 AC lot

Corner commercial property with multiple storefronts, upgraded systems, and original architectural details.

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Three-Level Office Building

1621 W Colonial Parkway, Inverness, IL 60067

$465,000

Configured with private offices, conference rooms, kitchens, restrooms, and flexible lower-level workspace.

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Historic Mixed-Use Building

20-24 Douglas Avenue, Elgin, IL 60120

$795,000

14,124 sqft

Remodeled two-story brick building with multiple storefront addresses and office space, including updated HVAC and electric.

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PUD Office Building Opportunity

311 Barrington Avenue, East Dundee, IL 60118

$4,999,999

1.00 AC lot

For-sale office building zoned PUD on a 1-acre lot in East Dundee, Illinois.

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Medical Office Space with Rand Road Frontage

280 N Rand Road, Lake Zurich, IL 60047

$850,000

Connected clinical and office suites provide adaptable rooms, reception areas, restrooms, and ample parking for patients, staff, and clients.

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Two-Building Medical Office Property

990-1000 Grand Canyon Pkwy., Hoffman Estates, IL 60169

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53,173 sqft 3.12 AC lot

General and medical office buildings totaling 53,173 square feet sit on 3.12 acres with a 4.41/1,000 parking ratio.

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Historic Multi-Tenant Office Building

164 Division St., Elgin, IL 60102

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51,230 sqft

Eight-story property offering varied office suites for law, medical, design, and other professional uses.

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Multi-Building Office Portfolio

1250 S Grove Ave, Barrington, IL 60010

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92,573 sqft 4.26 AC lot

Two multi-story buildings offer conventional and executive office suites.

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Campus-Style Office Building

3880 Salem Lake Dr, Lake Zurich, IL 60047

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26,180 sqft

Campus-style office property with abundant on-site parking, flexible floorplates, and exceptional natural light.

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Northwest Suburban Single-Story Office Park

2500 West Higgins Road, Hoffman Estates, IL 60169

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330,000 sqft

330,000 SF office complex with abundant amenities and highway access.

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Sustainable R&D Lab-Office Building

2870 Forbs Avenue, Hoffman Estates, IL 60192

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72,000 sqft

Environmentally sustainable R&D lab-office building with controlled environments and office areas.

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Turn-Key Office Building

1604 Colonial, Inverness, IL 60067

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7,740 sqft

Three-story office building offers private offices, open areas, and conference and reception spaces.

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Historic Downtown Office Retail Building

118 W Main Street, West Dundee, IL 60118

$750,000

Landmark 3,402 SF building with soaring ceilings, arched windows, upper-level conference area, and rear entry with full basement.

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Renovated Mixed-Use Building

205 W Main St, West Dundee, IL 60118

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3,200 sqft

Two-story commercial property with preserved architectural details, updated systems, flexible workspace, and multiple potential commercial configurations.

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Multi-Tenant Flex Property

665-675 Tollgate Rd, Elgin, IL 60123

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36,463 sqft

Single-story office and flex building with private entrances, limited common area, and shared loading facilities.

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Office Campus with Parking Garage

1000 North Randall Road, Elgin, IL 60123

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27,266 sqft

Property includes a headquarters facility, structured parking, and a separate multi-purpose building.

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Two-Story Office Building

617 Main Street, Barrington, IL 60010

$549,000

Historic-district property with basement storage, rear parking, and ramp access.

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Medical Office Space with Parking

990 & 1000 Grand Canyon Pkwy, Hoffman Estates, IL 60169

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53,173 sqft

Two-building medical office property with built-out suites, ongoing improvements, and convenient expressway access.

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Office Building with 12,000 SF

4 Executive Ct, South Barrington, IL 60010

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12,000 sqft

Office building offering approximately 12,000 SF of commercial space for sale.

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Freestanding Office Building with Parking

1230 Larkin Avenue, Elgin, IL 60123

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Freestanding office building with upgraded finishes, private offices, conference room, break room, and on-site parking.

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Office Building with Paved Parking

18 Executive Ct, South Barrington, IL 60010

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1.82 AC lot

Professional office property with quality finishes, convenient access, and paved on-site parking.

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Freestanding Office Building For Sale

570 Oakwood Road, Lake Zurich, IL 60047

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Two-story office building with extensive build-out and convenient access.

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Elgin, IL Office Buildings Market Trends and Statistics

Explore 32 office buildings for sale in Elgin, IL, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 850,132 square feet of properties for sale, with an estimated market value of $10,027,999.

Sale prices for office properties in Elgin, IL start at $389,000, averaging $1,114,222, and reaching up to $4,999,999 — 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

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
Elgin - 60120	$659.7K
South Elgin - 60177	$12.2M

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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