1590 Weatherstone Ln Elgin, IL 60123
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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