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Property profile & analytics
OFF-MARKET
Office Spaces

456-467 Redington Dr South Elgin, IL 60177

13,618 SF Built 2006
Property ID
Property summary
AI-generated overview

This exceptional 13,618 square foot office building, constructed in 2006, offers multiple suites for lease in the thriving South Elgin, Illinois community. Located at 456-467 Redington Drive, in Kane County, this executive office space boasts 5,190 square feet currently available, with spaces ranging from 743 to 2,296 contiguous square feet. Second-floor tenants enjoy a private rear entryway, elevator access, ADA-compliant bathrooms, and a lobby directory. Ample on-site parking (1 space per 1,000 square feet) is provided, along with tenant signage opportunities on Briargate Drive. The property benefits from its location near Randall Road, offering easy access to major roadways, including the interstate system (approximately 6.8 miles north), and numerous amenities. Nearby retailers include Jewel Osco, Aldi, Walmart, Target, and many more, catering to both employees and visitors. The surrounding area features a high average household income of approximately $170,000 per year, making it an attractive location for businesses seeking a strong market presence. Co-tenants include Orange Theory, Pure Barre, Eye Level, Riverside Pizza & Pub, and Village Tavern, creating a vibrant and diverse community within the building. This property presents a unique opportunity to establish a presence in a desirable and convenient location.

Property profile
Verified
Property type Office Spaces
Year built 2006
Total area 13,618 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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