1015 Smt St Elgin, IL 60120-4362
This exceptional two-story office building, totaling 11,288 square feet, is ideally situated in the heart of Elgin, Illinois, at 1015 Summit St, zip code 60120. Constructed in 1985, the property offers multiple tenancy options, catering to a variety of office needs, including medical, executive, and traditional office uses. The building boasts excellent visibility thanks to its prominent location and monument signage facing Summit Street. Available suites feature convenient in-suite restrooms and the benefit of direct suite entrances. The existing layouts are particularly well-suited for medical and healthcare practices, offering a seamless transition for tenants. This property presents a unique opportunity for businesses seeking a well-maintained, strategically located office space in a thriving Illinois community. The building's central Elgin location provides easy access to surrounding areas, making it an attractive option for both employees and clients. Interested parties are encouraged to inquire about available suite sizes and lease terms. The property is ready for immediate occupancy.
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Joseph Delorier Physician
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Laura A. Jansons, PsyD Medical Clinic
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Judith Short Physician
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Joseph Pacer Physician
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Davis Jennifer K Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.