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385 Airport Rd
Elgin, IL 60123
Office Property For Sale
Property Facts
Property Type
Office
Building Size
42,471 SF
Building Class
B
Year Built
1988
Percent Leased
30%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
32,109 SF
Building FAR
0.34
Lot Size
2.89 AC
Zoning
A-B
Parking
103 Spaces (3.21 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Property Manager on Site
- Signage
- Air Conditioning
About 385 AIRPORT RD , ELGIN, IL 60123
The Podolsky Circle Middle Market Investment Advisory Team is pleased to present 385 Airport Road, Elgin, Illinois. The Property consists of a single-story, multi-tenant office building totaling 31,320 square feet fronting on I-90 in Elgin, Illinois. At 28% leased, 385 Airport Road offers investors the opportunity to purchase an asset well below replacement cost, collect cash flow from existing tenants, and create value through future leasing. Alternatively, the property could be redeveloped due to its prominent location, visibility and access off the four-way interchange at the northeast corner of Route 31 and I-90.
Property Taxes
| Parcel Numbers | Improvements Assessment | $464,269 | |
| Land Assessment | $348,536 | Total Assessment | $812,805 |
Property Taxes
Parcel Numbers
Land Assessment
$348,536
Improvements Assessment
$464,269
Total Assessment
$812,805
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