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Investment Highlights

  • Multiple private offices suitable for various professional uses.
  • Concrete parking lot providing easy access and multiple parking spaces.
  • Located in a low-tax Kane County submarket, offering cost efficiency.
  • Recently renovated with new interior paint and upgraded hardwood flooring.
  • Convenient access to U.S. Route 20 and Interstate 90 for regional connectivity.
  • Positioned within a strong residential and business community with nearby amenities.

Executive Summary

This freestanding office property at 1497 N LaFox Street presents an opportunity for an owner-user or investor seeking a versatile office asset in South Elgin, Illinois. The property consists of 2,362 square feet on the main level, with a second story available for additional functionality (not included in the listed square footage). Positioned on a 0.23-acre parcel, the building benefits from a recently constructed concrete parking lot, ample parking availability, and enhanced curb appeal.
The property has undergone notable renovations including new paint and hardwood flooring, offering a refreshed and professional work environment. It is situated within a low tax jurisdiction in Kane County, further adding to its ownership value. Convenient regional access via routes such as U.S. Route 20 and Interstate 90 enhances connectivity to the Chicago metropolitan area. Surrounded by a growing population and a diverse business base, the site enables long-term appreciation potential for buyers looking to secure a well-located and updated property.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,362 SF
Building Class
C
Year Built
1940
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,099 SF
Building FAR
0.24
Lot Size
0.23 AC

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 2,362 SF
  • Office
  • Full Build-Out
  • 30 Days

1497 N LaFox Street offers tenants a recently renovated office building with multiple private offices and updated finishes, including new hardwood floors and fresh interior paint. The property features a substantial private parking lot with durable concrete surfacing, ensuring convenience for staff and visitors. Its prime location along N LaFox Street delivers excellent visibility while maintaining close proximity to major transportation routes such as U.S. Route 20 and Interstate 90, providing a simplified commute. Situated in South Elgin, the property benefits from nearby retail and service amenities, making it ideal for businesses seeking functional office space in a well-connected suburban setting. Low Kane County taxes further enhance operational advantages for future occupants.

Space Size Space Use Build-Out Available
1st Floor 2,362 SF Office Full Build-Out 30 Days

1st Floor

Size
2,362 SF
Space Use
Office
Build-Out
Full Build-Out
Available
30 Days

1st Floor

Size 2,362 SF
Space Use Office
Build-Out Full Build-Out
Available 30 Days

1497 N LaFox Street offers tenants a recently renovated office building with multiple private offices and updated finishes, including new hardwood floors and fresh interior paint. The property features a substantial private parking lot with durable concrete surfacing, ensuring convenience for staff and visitors. Its prime location along N LaFox Street delivers excellent visibility while maintaining close proximity to major transportation routes such as U.S. Route 20 and Interstate 90, providing a simplified commute. Situated in South Elgin, the property benefits from nearby retail and service amenities, making it ideal for businesses seeking functional office space in a well-connected suburban setting. Low Kane County taxes further enhance operational advantages for future occupants.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 06-26-403-023
  • 06-26-327-025
Land Assessment
$91,537
Improvements Assessment
$179,252
Total Assessment
$270,789
  • Listing ID: 40936985

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: 1497 N Lafox St, South Elgin, IL 60177

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