2230 Point BlvdElgin, IL 60123

For Sale
$2,200,000
Large office building with seller financing.

Overview

Added:
Feb 3
Days on market:
72
This exceptional 36,472 square foot office complex in Elgin, Illinois presents a remarkable investment opportunity. Strategically located off I-90 and Randall Road, this property boasts a highly desirable location with excellent visibility and accessibility. The building currently houses six office spaces, offering immediate rental income potential. With 164 parking spaces (a generous 4.5 spaces per 1,000 square feet of leased space), ample parking is available for tenants and visitors. The property is being sold "as is" and offers seller financing, providing a unique opportunity for qualified buyers. A 30-year fixed mortgage at a 7% interest rate is available, subject to property vetting. The seller is also open to leasing the currently vacant units, providing additional income streams for the new owner. The building's size and layout make it suitable for a variety of uses, including medical offices, law firms, accounting firms, chiropractic practices, or truck dispatch operations. This is a rare chance to acquire a substantial commercial property in a prime location with attractive financing options. Don't miss this opportunity to own a piece of Elgin's thriving commercial landscape.

Property Details for 2230 Point Blvd

Property type
Commercial real estate
Square Feet
36,472 SF
Year Built
2004

Location Insight

City
Elgin
County
Kane
State
Illinois
Latitude
42.08327
Longitude
-88.33146
2230 Point Blvd, Elgin, Illinois

FAQs

What type of property is this?
Commercial real estate - Large office building with seller financing.
Where is the commercial real estate located?
The property is located at 2230 Point Blvd Elgin, IL.
What is the asking price?
The asking price for this property is $2,200,000.
How can I contact the broker?
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2230 Point Blvd
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