South Elgin, IL Office Spaces for Sale

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Elgin, IL Saint Charles, IL Wauconda, IL Algonquin, IL Bartlett, IL Wayne, IL Campton Hills, IL Streamwood, IL

6 properties

Updated: Jan 21

Two-Unit Live-Work Condo with Vaulted Ceilings

460 Briargate Drive #500, South Elgin, IL 60177

$597,000

2,763 sqft

Two‑unit live‑work office condo in Thornwood Professional Center
Vaulted ceilings with custom built‑ins
Total size 2,763 +/- SF
Unit 400: 1,190 SF
Unit 500: 1,573 SF

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This listing looks promising.

Here's a quick look at some key insights for

460 Briargate Drive #500, South Elgin, IL 60177

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Est. Cap Rate

6.4%
Above avg (5.9%)
Est. NOI

$38K
Annual
Mortgage

$950K
Mar 2021
Property Type

Commercial (General)
Built 2004

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Updated: Nov 21, 2025

Furnished Office Condo For Sale

460 Briargate Drive Unit 500, South Elgin, IL 60177

$549,000

15,430 sqft

Fully custom furnished class “A” office condominium.
Strategic location adjacent to the Thornwood residential subdivision and near Randall Road & Thornwood Avenue traffic light.
Includes a bonus space with separate entrance that could be leased for extra income.
Quality build out with two fireplaces and two conference rooms.
Consists of a large office suite, four private offices, and four open offices.

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Renovated Office Building

1497 N LaFox Street, South Elgin, IL 60177

Contact for pricing

2,362 sqft 0.23 AC lot

Recently renovated office building offering multiple private offices within a 0.23-acre site.

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Multi-Tenant Medical Office Building

2000 McDonald Road, South Elgin, IL 60177

$12,200,000

Professionally managed office property with medical, business, and early learning occupants near Randall Road.

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Veterinary Portfolio in Chicago Suburbs

477 Briargate Dr, South Elgin, IL 60177

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19,500 sqft

Three properties, 100% leased to Mission Pet Health.

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Leased Office Condominium Units

81-87 S McLean Blvd, South Elgin, IL 60177

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3,560 sqft

Four leased office condominium units total 3,560 Sf, with three current tenants and one unit temporarily vacant.

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Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 6 Active listings in South Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

Customizable Office Space Available

2001 Larkin Avenue, Elgin, IL 60123

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44,070 sqft

Second floor office space for lease with ample parking.

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Flex Industrial Retail Building

1525 Fleetwood Dr, Elgin, IL 60123

Contact for pricing

8,000 sqft

Flex building offers a high-clear warehouse ceiling, exterior loading dock, and remodeled office with showroom space.

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Ground-Floor Office Suite

2000 Larkin Avenue, Elgin, IL 60123

$80,000

Ground-floor office suite with central air and abundant natural light, with association coverage for water, sewer, and exterior maintenance.

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Ground-Floor Office Suite

2000 Larkin Avenue #102, Elgin, IL 60123

$99,900

Ground-floor office suite in very good condition with ample natural light and association-paid exterior costs.

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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.

Commercial Land in St. Charles

St Charles, IL 60174

$999,999

2.05 AC lot

2.05 acre commercial lot near transportation and retail centers.

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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

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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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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Off-Market Properties in South Elgin, IL

Consider similar Off-Market properties in South 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.

OFFICE (GENERAL)

696 Spg St, South Elgin, IL 60177-1562

$265,000

Estimated value

1,664 sqft 0.26 AC lot

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OFFICE (GENERAL)

1000 Spg St, South Elgin, IL 60177-1466

$670,000

Estimated value

6,800 sqft 1.18 AC lot

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OFFICE (GENERAL)

460 Briargate Dr Ste, South Elgin, IL 60177-2224

Unit 200

$275,000

Estimated value

1,350 sqft 0.13 AC lot

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OFFICE (GENERAL)

455 Briargate Dr, South Elgin, IL 60177-2225

$350,000

Estimated value

3,050 sqft 0.41 AC lot

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OFFICE (GENERAL)

1756 La Fox St, South Elgin, IL 60177-1226

$280,000

Estimated value

1,472 sqft 0.40 AC lot

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OFFICE (GENERAL)

205 State St, South Elgin, IL 60177-2050

$280,000

Estimated value

782 sqft

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OFFICE (GENERAL)

460 Briargate Dr Ste, South Elgin, IL 60177-2224

Unit 300

$285,000

Estimated value

1,350 sqft 0.13 AC lot

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OFFICE (GENERAL)

482 Briargate Dr, South Elgin, IL 60177-2225

Unit 102

$330,000

Estimated value

1,844 sqft 0.18 AC lot

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Office Spaces

618 Randall Rd, South Elgin, IL 60177

Value Estimation by Request

7,930 sqft

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Office Spaces

456-467 Redington Dr, South Elgin, IL 60177

Value Estimation by Request

13,618 sqft

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Retail properties & Spaces

5612 State Rte, South Elgin, IL 60177

Value Estimation by Request

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South Elgin, IL Office Spaces Market Trends and Statistics

Explore 17 office spaces for sale in South Elgin, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 43,615 square feet of properties for sale, with an estimated market value of $13,346,000.

Sale prices for office spaces in South Elgin, IL start at $549,000, averaging $4,448,666, and reaching up to $12,200,000 — 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

Demographics Overview

Population 48K

Population Growth (5Y) +6.6%

Median Household Income $129,570

College Educated 59.5%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
60177	$501K

Taxes & Financing

Tax Rate (average for all types) 8.57%

Property Tax per SF $92.24 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kane County

New Delisted

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