For Lease
$12/SF/YR

474 Summit St Elgin, IL 60120

7,500 SF Office Space, 3 Suites Available

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional two-story office building, located at 474 Summit St, Elgin, IL 60120, offers 7,500 square feet of versatile space, ideal for a variety of uses. The property is zoned Commercial Service Elgin (Kane County, APN: 06-12-454-017) and sits on a 3.6-acre lot. The building features three suites, each independently rentable, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 7,500 square feet. Currently, all 7,500 square feet are vacant. The building boasts convenient features including ample parking (33 spaces), front and rear wide staircases accessing all levels, a private outside entrance and porch to the upper level, and a separate exterior access point to the fully functional and finished basement. The building is equipped with 200-amp/240-volt 3-phase power. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in Elgin. Rental rates are $8-12 per square foot gross, plus utilities. Contact us today to learn more about this exceptional opportunity.

Highlights

  • 7,500 SF two-story office building on a 3.6-acre lot in Elgin, IL.
  • Three independently rentable suites (2,500 SF minimum, 7,500 SF maximum contiguous).
  • Currently vacant.
  • 33 parking spaces, front and rear staircases, private upper-level entrance/porch, and separate basement access.
  • 200-amp/240-volt 3-phase power.
  • $8-12/SF gross, plus utilities.

Property Details for 474 Summit St

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
7,500 SF
Stories
2

Unit(s) available at that property

Space
Main level
Size
2,500 SF
Rate per SF
$12
Space
Lower Level
Size
2,500 SF
Rate per SF
$12
Space
2nd Floor
Size
2,500 SF
Rate per SF
$12

Location Insight

City
Elgin
County
Kane
State
Illinois
Latitude
42.04617772401
Longitude
-88.271762083681

FAQs

What type of property is this?
Office property - 7,500 SF Office Space, 3 Suites Available
Where is the office property located?
The property is located at 474 Summit St Elgin, IL.
What is the lease rate?
The lease rate is $12/SF/YR.
What are key features of this property?
This property features: 7,500 SF two-story office building on a 3.6-acre lot in Elgin, IL.; Three independently rentable suites (2,500 SF minimum, 7,500 SF maximum contiguous).; Currently vacant.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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474 Summit St
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