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Property profile

1425 N Mclean Blvd 900 Elgin, IL 60123

FOR SALE
Office Spaces
Property ID
US28-0814496
1,583 SF Built 1980
Last sale Aug 2021 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1425 N Mclean Blvd,Unit 900, Elgin, IL 60123 For Sale 1 / 12
Contact for pricing 1,583 SF
1425 N Mclean Blvd,Unit 900, Elgin, IL 60123
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value$45k
Assessed land$19k
Assessed improvement$27k
Effective rate8.93%

Value estimate

· Oct 2026
$150k
$135k – $165k
AI approach$150k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$11k
Operating expenses−$8k
NOI · 9.93% cap applied$25k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$141/SF
ZIP average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$83 – $382
Qualifying comparables7

Cap rate analysis

How does the asset earn?
9.93%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.4
Hair Salon11.0
Spa & Massage11.0

Location

1425 N Mclean Blvd, Unit 900 Elgin, IL 60123
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14 Cres, Elgin, IL 60123-6268 $150,000 Dec 2025 1,553 SF
472 Mclean Blvd, Elgin, IL 60123-3274 $200,000 Feb 2024 2,050 SF
2050 Larkin Ave, Elgin, IL 60123-5899 $247,500 Dec 2023 1,544 SF
411 Highland, Elgin, IL 60123-5425 $300,000 Jul 2023 1,631 SF
462 Mclean, Elgin, IL 60123-3240 $600,000 Jun 2023 2,130 SF
761 Walnut, Elgin, IL 60123-7481 $200,000 Jul 2021 1,440 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $270,000
    1,532 SF
    1750 Randall Rd Ste, Unit 160
    OFFICE (GENERAL)
    1750 Randall Rd Ste, Elgin, IL 60123-7902
    View Details
  • Value Estimation
    $210,000
    1,395 SF
    2050 Larkin Ave Ste, Unit 202
    OFFICE (GENERAL)
    2050 Larkin Ave Ste, Elgin, IL 60123-5899
    View Details
  • Value Estimation
    $395,000
    2,059 SF
    1750 Randall Rd Ste, Unit 110
    OFFICE (GENERAL)
    1750 Randall Rd Ste, Elgin, IL 60123-7900
    View Details
  • Value Estimation
    $230,000
    1,189 SF
    558 Mclean Blvd
    OFFICE (GENERAL)
    558 Mclean Blvd, Elgin, IL 60123-3242
    View Details
  • Value Estimation
    $245,000
    1,158 SF
    335 Mclean Blvd
    OFFICE (GENERAL)
    335 Mclean Blvd, Elgin, IL 60123-7136
    View Details
  • Value Estimation
    $230,000
    2,300 SF
    256 Walnut Ave
    OFFICE (GENERAL)
    256 Walnut Ave, Elgin, IL 60123-7634
    View Details

Similar Nearby for Sale

  • New
    $140,000
    1,495 SF
    Ground-Floor Office Units
    Two condominium offices offer flexible room layouts, natural light, and shared exterior maintenance services.
    2000 Larkin Avenue 102-103, Elgin, IL 60123
    View Details
  • New
    $50,000
    1,495 SF
    Ground-Floor Medical Office Suite
    Five-room suite with storage, natural light, and association-covered water, sewer, and exterior maintenance.
    2000 Larkin Ave Unit 103, Elgin, IL 60123
    View Details
  • New
    Contact for pricing
    1,197 SF
    Move-In-Ready Office Suite
    First-floor suite with reception, three offices, kitchen, private bath, and high-capacity electrical infrastructure.
    472 North McLean Boulevard, Elgin, IL 60123
    View Details
  • New
    $389,000
    2,400 SF
    Single-Story Office Building
    Freestanding all-brick commercial property with updated electrical and plumbing systems.
    530 N McLean Boulevard, Elgin, IL 60123
    View Details
  • New
    $80,000
    978 SF
    Ground-Floor Office Unit
    Bright office suite with association-managed exterior maintenance and water and sewer services.
    2000 Larkin Ave Unit 102, Elgin, IL 60123
    View Details
  • New
    Contact for pricing
    19,034 SF
    Two-Story Medical Office Building and Retail Outlot
    Two-story medical office on 3.77 acres with a potential retail outlot at a signalized intersection.
    1530 N Randall Rd, Elgin, IL 60123
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    Second-Floor Office Suite
    Second-floor office space suited for professional tenants seeking a dedicated, higher-level workplace.
    617 Church St., Elgin, IL 60123
    View Details
  • New
    Contact for pricing
    Medical Office Space with High Ceilings
    A medical-service layout includes patient care areas, a private office, reception space, and a dedicated bathroom.
    819 S Randall Road, Elgin, IL 60123
    View Details
  • Contact for pricing
    Renovated Office Unit
    Office suite with a generous reception area, two private offices, central air, and access to a large parking lot.
    2425 Royal Boulevard, Elgin, IL 60123
    View Details
  • New
    Contact for pricing
    1,114 sqft
    Two-Story Medical Office Building
    Modern two-story professional medical building located at I-90 and N Randall Roads, directly across from Advocate Sherman Hospital.
    1750 N Randall Rd, Elgin, IL 60123
    View Details
  • New
    $13 SF/Yr
    2,250 sqft
    First-Floor Office Unit
    Flexible workspace includes private rooms, meeting areas, abundant windows, and on-site parking.
    1750 Grandstand Pl Unit 2, Elgin, IL 60123
    View Details
  • New
    Contact for pricing
    9,000 sqft
    Renovating Office Building Suites
    Office suites ranging up to 9,000 SF offer good parking and space options including divisible units.
    2230 Point Blvd, Elgin, IL 60123
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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