2130 Point Blvd Elgin, IL 60123

This exceptional Class A, single-story medical office building in Elgin, Illinois, presents a compelling investment opportunity. Located at 2130 Point Blvd, within the desirable Randall Point Executive Center, this 39,239 square foot property boasts 84.6% occupancy with three credit-rated medical tenants, including Fresenius and Action Behavior Centers. The building features four units and offers convenient access to I-90 via Randall Road, placing it minutes from Advocate Sherman Hospital. Built in 2005, the property sits on a 3.9-acre lot and provides ample parking (5 spaces per 1,000 sq ft). The current weighted average lease term (WALT) exceeds six years, with no tenant leases expiring before 2030, ensuring a stable income stream. This value-add opportunity allows for potential future growth and immediate cash flow. The property is zoned PORI and offers a compelling price per square foot of $158.01, with an asking price of $6,200,000. Kane County taxes apply. This is an ideal acquisition for investors seeking a stable, high-demand medical office asset with significant long-term potential.