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Thornwood Professional Center 460 Briargate Dr 2,763 SF 100% Leased Office Building South Elgin, IL 60177 $575,000 ($208.11/SF) 10% Cap Rate

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Executive Summary

Own your office where you live! Premium two-unit office condo for sale in Thornwood Professional Center, South Elgin, IL 60177 *Class A Buildout, featuring vaulted ceilings and custom built-ins. *Great location amongst the robust retail corridor along Randall Road. *Owner User opportunity. Own for less than the cost of renting. Let your office be an asset verses an expense. Contact George today for all the details! Sale Price: $575,000 Condo Size: 2,763 +/-sf Unit 400: 1,190 sf Unit 500: 1,573 sf Year Built: 2003 Zoning: B-2 Community Business District

Attachments

Brochure

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
2,763 SF
Building Class
B
Year Built
2003
Price
$575,000
Price Per SF
$208.11
Cap Rate
10%
NOI
$57,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,763 SF
Building FAR
0.02
Lot Size
2.93 AC
Zoning
B-2, South Elgin - B-2
Parking
57 Spaces (20.63 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Kitchen
  • Central Heating
  • Natural Light
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Cosmetic Crown & Bridge & Dntr
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Direct Mortgage Corp
  • Finance and Insurance
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -

Edward Jones is a privately held financial services firm that provides investment advisory, brokerage, and wealth management services to individual investors and small business owners. The firm was founded in 1922 by Edward D. Jones and is headquartered in the St. Louis, Missouri area. Edward Jones operates through a network of locally based branch offices, each typically staffed by a financial advisor and support personnel, with an emphasis on in-person client relationships. The company offers a range of services including retirement planning, education savings strategies, investment management, and long-term financial planning. Edward Jones is a member of the Securities Investor Protection Corporation (SIPC) and operates under the legal entity Edward D. Jones & Co., L.P., which is a subsidiary of The Jones Financial Companies. The firm is owned by its active and retired partners and does not trade under a public ticker symbol.

  • Empire Accounting Services
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • New Hope
  • Services
  • -
  • -
  • -
  • Ovington Appraisal Service
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Royalty Merchant Solutions
  • -
  • -
  • -
  • -
  • Silver Glen Rd. OPCO, LLC
  • -
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

The genesis of Village Counseling Center goes back to a crisp autumn day in 1984, underneath a mighty oak tree resplendent with an array of spectacular fall colors. That is when David & Debbie McFadden discovered together the purpose that would drive their lives…a mission that would ultimately change countless lives and communities in Greater Chicagoland.

  • Construction
  • -
  • -
  • -

Worthington Homes Ltd. specializes in complete community development in the greater Chicago metro area since 1996. “At first, I built scattered-site custom homes in South Barrington and St Charles,” states George Caravelli, Worthington’s owner. "Then we started creating neighborhoods serving every demographic from the entry-level purchaser to the custom home buyer as well as geneal office and medical office properties. Our homes offer unparalleled living space. Gourmet kitchens with furniture-quality cabinets, granite counter tops and all appliances, architectural trim moldings surround every window and door, crown moldings adorn the tops of the cabinets, spacious living areas offer comfort and enjoyment, finely-crafted staircases, dramatic nine-foot ceilings (per plan), full basements, and more are all INCLUDED in our homes.

Tenant Industry SF Occupied Rent/SF Lease End
Cosmetic Crown & Bridge & Dntr Health Care and Social Assistance - - -
Direct Mortgage Corp Finance and Insurance - - -
Finance and Insurance - - -
Empire Accounting Services Professional, Scientific, and Technical Services - - -
New Hope Services - - -
Ovington Appraisal Service Professional, Scientific, and Technical Services - - -
Royalty Merchant Solutions - - - -
Silver Glen Rd. OPCO, LLC - - - -
Health Care and Social Assistance - - -
Construction - - -

Property Taxes

Property Taxes

Parcel Number
09-05-254-013
Land Assessment
$32,461
Improvements Assessment
$68,504
Total Assessment
$100,965
  • Listing ID: 39240994

  • Date on Market: 1/28/2026

  • Last Updated:

  • Address: 460 Briargate Dr, South Elgin, IL 60177

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