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Property profile & analytics
OFF-MARKET
Office Spaces

1590 Weatherstone Ln Elgin, IL 60123

1,000 SF Built 1974
Property ID
Property summary
AI-generated overview

This exceptional 1,000-square-foot medical office space, located at 1590 Weatherstone Ln, Suite 7, Elgin, IL 60123, is offered for sale at $150,000. Built in 1974, this established medical office is ideally suited for a physician seeking to establish or expand their practice. The property boasts a thoughtfully designed layout, including a welcoming waiting area, a receptionist area complete with a sliding glass window for privacy and security, a convenient auxiliary room, a functional kitchen, a private doctor's office, two well-equipped exam rooms, and two restrooms. Its prime location offers easy access to major thoroughfares, situated near Big Timber Rd, east of Randall Rd and west of Route 31, and approximately 1.5 miles from the I-90 interchange. This turnkey opportunity presents a rare chance to acquire a profitable and well-maintained medical office in a desirable Elgin location. The asking price of $150,000 translates to a price per square foot of $150. The property is classified as an office building with a medical office subtype. This presents a unique investment opportunity in the thriving Elgin, Kane County market.

Property profile
Verified
Property type Office Spaces
Year built 1974
Total area 1,000 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
Current use
Occupant on record · Public records
  • Dr. John F. Ford, DDS Dental Office
  • Michael H Yuen MD Pediatrician Medical Clinic
  • Henry Fang MD Pediatrician Medical Clinic
  • Mc Nerney Pat Employment Agency
  • Fang Horng-Yang MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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